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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 2024-06-06 View latest technical analysis

10 day averaged volume of Tata Steel is 65831268

Date	Daily Closing Price	Open	High	Low	Volume
06 Thu Jun 2024	172.05	170.00	174.70	169.40	0.88 times
05 Wed Jun 2024	169.20	162.15	169.60	159.00	0.913 times
04 Tue Jun 2024	158.95	174.50	174.65	148.15	1.899 times
03 Mon Jun 2024	174.25	173.25	175.00	168.85	1.312 times
31 Fri May 2024	167.20	166.05	167.95	164.00	1.272 times
30 Thu May 2024	164.15	172.00	172.00	163.35	1.653 times
29 Wed May 2024	174.25	174.75	176.00	173.50	0.556 times
28 Tue May 2024	174.90	175.90	177.50	173.45	0.596 times
27 Mon May 2024	175.50	177.70	177.70	174.85	0.462 times
24 Fri May 2024	174.85	174.95	177.55	174.15	0.587 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 174.3 as stoploss in an intra day sell trade for a target of 169.31. However, stock will show a bullish move above 174.3.

Share price targets for Tata Steel (TATASTEEL)

Target Type	Value
Downside Target	134.10
Downside Target	138.35
Downside Target	147.40
Downside Target	156.50
Downside Target	167.95
Downside Target	168.65
Downside Target	170.70
Upside Target	175.00
Upside Target	177.55
Upside Target	177.70

Intraday share price targets for Tata Steel (TATASTEEL)

Target Type	Value
Downside Intraday Target	155.13
Downside Intraday Target	138.22
Upside Intraday Target	181.98
Upside Intraday Target	191.92
Downside Intraday Target	165.07

Weekly technical analysis of Tata Steel (TATASTEEL)

Date	Weekly Closing Price	Open	High	Low	Volume
06 Thu Jun 2024	172.05	173.25	175.00	148.15	1.103 times
31 Fri May 2024	167.20	177.70	177.70	163.35	1.384 times
24 Fri May 2024	174.85	168.50	177.55	167.95	1.099 times
18 Sat May 2024	167.90	162.45	168.45	158.05	1.134 times
10 Fri May 2024	162.25	167.95	168.65	161.50	0.746 times

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

Monthly technical analysis of Tata Steel (TATASTEEL)

Date	Monthly Closing Price	Open	High	Low	Volume
06 Thu Jun 2024	172.05	173.25	175.00	148.15	0.324 times
31 Fri May 2024	167.20	165.00	177.70	158.05	0.904 times
30 Tue Apr 2024	165.00	156.80	170.70	156.50	0.802 times
28 Thu Mar 2024	155.85	143.00	159.15	138.35	1.678 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of Tata Steel ( (TATASTEEL) ) based on a short to mid term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 SELL. Signal strength is Strong and stock is losing momentum.

MACD generated a SELL signal for Tata Steel in short term but the sell signal is initial and weak.

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

Tata Steel Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting stronger in this stock.

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up

CCI has generated a buy signal for Tata Steel in short term and BUY signal is strong.

RSI is generating a SELL signal in short term and selling is picking up 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 168.33 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 falling down

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 has given negative 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.