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(TATASTEEL) Tata Steel complete technical analysis [charts+indicators] | Buy/Sell Tata Steel | (TATASTEEL) share price targets

Complete technical analysis of Tata Steel (TATASTEEL) by charts plus indicators, forecast predictions and share price targets for Tata Steel (TATASTEEL)

Tata Steel trades in NSE in Iron & Steel sector.

Showing technical analysis as on 2024-04-05 View latest technical analysis

10 day averaged volume of Tata Steel is 64703788

Date	Daily Closing Price	Open	High	Low	Volume
05 Fri Apr 2024	163.35	163.90	164.15	160.80	0.69 times
04 Thu Apr 2024	163.40	165.55	165.95	161.00	0.944 times
03 Wed Apr 2024	163.65	164.65	166.25	163.10	0.787 times
02 Tue Apr 2024	164.65	162.95	165.50	161.80	1.075 times
01 Mon Apr 2024	163.15	156.80	163.90	156.50	1.307 times
28 Thu Mar 2024	155.85	152.70	157.00	152.70	0.967 times
27 Wed Mar 2024	152.70	152.45	154.10	152.00	0.546 times
26 Tue Mar 2024	152.40	151.15	153.40	150.50	0.819 times
22 Fri Mar 2024	151.80	149.00	152.75	148.35	1.055 times
21 Thu Mar 2024	150.10	148.00	151.20	147.80	1.302 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 160.5, but if it comes below 160.5, then a intra day sell could be more profitable.
If you take a sell trade below 160.5, then use 160.5 as stoploss and 153.39 as target. However if you take a buy trade in stock , then use 160.5 as stoploss and 169 as target.

Share price targets for Tata Steel (TATASTEEL)

Target Type	Value
Downside Target	127.85
Downside Target	134.10
Downside Target	138.35
Downside Target	147.40
Downside Target	156.50
Downside Target	157.00
Downside Target	158.90
Downside Target	159.15
Upside Target	166.25

Intraday share price targets for Tata Steel (TATASTEEL)

Target Type	Value
Downside Intraday Target	157.82
Downside Intraday Target	152.28
Upside Intraday Target	167.57
Upside Intraday Target	171.78
Downside Intraday Target	162.03

Weekly technical analysis of Tata Steel (TATASTEEL)

Date	Weekly Closing Price	Open	High	Low	Volume
05 Fri Apr 2024	163.35	156.80	166.25	156.50	2.06 times
28 Thu Mar 2024	155.85	151.15	157.00	150.50	0.301 times
22 Fri Mar 2024	151.80	142.55	152.75	142.20	1.566 times
15 Fri Mar 2024	141.70	158.90	158.90	138.35	1.139 times
07 Thu Mar 2024	157.25	154.90	159.15	147.90	1.148 times

Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Tata Steel (TATASTEEL)

Date	Monthly Closing Price	Open	High	Low	Volume
05 Fri Apr 2024	163.35	156.80	166.25	156.50	0.222 times
28 Thu Mar 2024	155.85	143.00	159.15	138.35	1.678 times
29 Thu Feb 2024	140.85	136.40	147.40	134.10	0.988 times
31 Wed Jan 2024	135.95	140.00	140.95	128.20	1.124 times

Scroll below to view daily charts

Price has moved up this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Tata Steel (TATASTEEL)

Price action analysis of Tata Steel ( (TATASTEEL) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Tata Steel ( (TATASTEEL) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Tata Steel ( (TATASTEEL) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Tata Steel ( (TATASTEEL) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

ADX buy sell signal for Tata Steel stock for short term is BUY. Signal strength is Strong and stock is losing momentum.

MACD generated a BUY signal for Tata Steel in short term and the buy signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Tata Steel Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Tata Steel in short term but SELL signal is weak.

RSI is generating a BUY signal in short term and the buying is gaining momentum.

MRSI is in positive zone. This is a BUY zone

Stock of Tata Steel is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 158.08 and Tata Steel (TATASTEEL) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

People seem to be coming out and selling the Tata Steel (TATASTEEL) stock. Volume based technical analysis of Tata Steel (TATASTEEL) stock is negative.

Tata Steel Stock is giving positive returns over a short term period. Returns for a longer term period have been positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.