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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 2024-07-16 View latest technical analysis

10 day averaged volume of Tata Steel is 32814513

Date	Daily Closing Price	Open	High	Low	Volume
16 Tue Jul 2024	167.07	167.80	169.82	166.70	0.808 times
15 Mon Jul 2024	166.76	168.69	168.99	165.80	0.995 times
12 Fri Jul 2024	168.69	170.20	170.39	168.01	1.015 times
11 Thu Jul 2024	168.92	170.00	170.95	168.67	1.036 times
10 Wed Jul 2024	167.98	172.50	172.89	167.02	1.265 times
09 Tue Jul 2024	171.80	173.60	173.70	171.51	0.766 times
08 Mon Jul 2024	172.28	174.60	175.47	172.09	0.959 times
05 Fri Jul 2024	174.71	176.20	176.20	173.40	1.162 times
04 Thu Jul 2024	176.29	177.00	178.19	175.82	0.899 times
03 Wed Jul 2024	176.37	174.54	176.88	174.40	0.887 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 169.5, but if it comes above 169.5, then a intra day buy could be more profitable.
If you take a sell trade below 169.5, then use 169.5 as stoploss and 164.3 as target. However if you take a buy trade in stock , then use 169.5 as stoploss and 173.8 as target.

Share price targets for Tata Steel (TATASTEEL)

Target Type	Value
Downside Target	138.35
Downside Target	148.15
Downside Target	156.50
Downside Target	165.80
Upside Target	175.47
Upside Target	177.70
Upside Target	178.18
Upside Target	178.19
Upside Target	179.00
Upside Target	184.60

Intraday share price targets for Tata Steel (TATASTEEL)

Target Type	Value
Downside Intraday Target	165.31
Downside Intraday Target	163.54
Upside Intraday Target	169.33
Upside Intraday Target	171.58
Upside Intraday Target	167.56

Weekly technical analysis of Tata Steel (TATASTEEL)

Date	Weekly Closing Price	Open	High	Low	Volume
16 Tue Jul 2024	167.07	168.69	169.82	165.80	0.357 times
12 Fri Jul 2024	168.69	174.60	175.47	167.02	1.048 times
05 Fri Jul 2024	174.71	174.50	178.19	173.40	0.754 times
28 Fri Jun 2024	174.01	177.44	179.00	171.80	1.256 times
21 Fri Jun 2024	179.94	183.80	184.60	178.18	0.731 times

Price has moved down 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
16 Tue Jul 2024	167.07	174.50	178.19	165.80	0.376 times
28 Fri Jun 2024	174.01	173.25	184.60	148.15	1.003 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

Scroll below to view daily charts

Price has moved down 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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Tata Steel ( (TATASTEEL) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this 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 Strong and stock is losing momentum.

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

Tata Steel Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

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

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

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 171 and Tata Steel (TATASTEEL) stock is trading below this level. This means that stock is falling with high volumes. 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 negative.

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