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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 2024-07-24 View latest technical analysis

10 day averaged volume of Tata Steel is 38508081

Date	Daily Closing Price	Open	High	Low	Volume
24 Wed Jul 2024	160.31	160.02	162.02	159.19	0.729 times
23 Tue Jul 2024	160.02	161.60	161.97	155.00	0.963 times
22 Mon Jul 2024	160.32	158.40	160.70	156.41	1.048 times
19 Fri Jul 2024	157.77	166.00	166.09	157.20	2.025 times
18 Thu Jul 2024	166.36	167.61	167.61	164.44	0.95 times
16 Tue Jul 2024	167.07	167.80	169.82	166.70	0.688 times
15 Mon Jul 2024	166.76	168.69	168.99	165.80	0.847 times
12 Fri Jul 2024	168.69	170.20	170.39	168.01	0.865 times
11 Thu Jul 2024	168.92	170.00	170.95	168.67	0.883 times
10 Wed Jul 2024	167.98	172.50	172.89	167.02	1.078 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 163.5, but if it comes above 163.5, then a intra day buy could be more profitable.
If you take a sell trade below 163.5, then use 163.5 as stoploss and 156.7 as target. However if you take a buy trade in stock , then use 163.5 as stoploss and 169.25 as target.

Share price targets for Tata Steel (TATASTEEL)

Target Type	Value
Downside Target	138.35
Downside Target	148.15
Downside Target	155.00
Upside Target	167.02
Upside Target	171.80
Upside Target	173.40
Upside Target	175.47
Upside Target	177.70
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	156.2
Downside Intraday Target	152.09
Upside Intraday Target	163.22
Upside Intraday Target	166.13
Downside Intraday Target	159.11

Weekly technical analysis of Tata Steel (TATASTEEL)

Date	Weekly Closing Price	Open	High	Low	Volume
24 Wed Jul 2024	160.31	158.40	162.02	155.00	0.607 times
19 Fri Jul 2024	157.77	168.69	169.82	157.20	1.05 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

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
24 Wed Jul 2024	160.31	174.50	178.19	155.00	0.592 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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this 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 weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are below the red 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

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 163.64 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.