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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 2024-06-12 View latest technical analysis

10 day averaged volume of Tata Steel is 77272455

Date	Daily Closing Price	Open	High	Low	Volume
12 Wed Jun 2024	182.23	182.25	183.87	181.50	0.431 times
11 Tue Jun 2024	181.33	180.50	183.75	180.50	0.719 times
10 Mon Jun 2024	180.29	180.21	182.10	177.36	0.961 times
07 Fri Jun 2024	178.90	172.00	179.65	170.80	1.091 times
06 Thu Jun 2024	172.05	170.00	174.70	169.40	0.75 times
05 Wed Jun 2024	169.20	162.15	169.60	159.00	0.778 times
04 Tue Jun 2024	158.95	174.50	174.65	148.15	1.618 times
03 Mon Jun 2024	174.25	173.25	175.00	168.85	1.118 times
31 Fri May 2024	167.20	166.05	167.95	164.00	1.083 times
30 Thu May 2024	164.15	172.00	172.00	163.35	1.408 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 178.5, but if it comes below 178.5, then a intra day sell could be more profitable.
If you take a sell trade below 178.5, then use 178.5 as stoploss and 172.62 as target. However if you take a buy trade in stock , then use 178.5 as stoploss and 185.6 as target.

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	163.35
Downside Target	167.95
Downside Target	177.36
Downside Target	177.55
Downside Target	177.70
Downside Target	179.65
Upside Target	183.87

Intraday share price targets for Tata Steel (TATASTEEL)

Target Type	Value
Downside Intraday Target	178.44
Downside Intraday Target	174.64
Upside Intraday Target	184.95
Upside Intraday Target	187.66
Downside Intraday Target	181.15

Weekly technical analysis of Tata Steel (TATASTEEL)

Date	Weekly Closing Price	Open	High	Low	Volume
12 Wed Jun 2024	182.23	180.21	183.87	177.36	0.394 times
07 Fri Jun 2024	178.90	173.25	179.65	148.15	1.385 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

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
12 Wed Jun 2024	182.23	173.25	183.87	148.15	0.568 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 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 SELL. Signal strength is Weak 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 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 negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 170.96 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.