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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 2024-08-21 View latest technical analysis

10 day averaged volume of Tata Steel is 47312403

Date	Daily Closing Price	Open	High	Low	Volume
21 Wed Aug 2024	151.92	153.00	154.18	151.77	1.052 times
20 Tue Aug 2024	153.93	155.70	155.70	152.80	0.794 times
19 Mon Aug 2024	153.96	150.85	154.30	150.39	1.329 times
16 Fri Aug 2024	149.52	148.00	150.00	146.46	1.144 times
14 Wed Aug 2024	146.17	149.90	149.90	142.35	2.069 times
13 Tue Aug 2024	148.88	152.10	152.95	148.50	0.621 times
12 Mon Aug 2024	152.06	151.00	153.40	149.88	0.646 times
09 Fri Aug 2024	151.81	153.00	153.00	151.25	0.492 times
08 Thu Aug 2024	150.28	153.40	153.44	150.00	1.096 times
07 Wed Aug 2024	153.86	153.70	154.30	151.90	0.677 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 149.6 as stoploss in an intra day buy trade for a target of 155.32. However, stock will show a bearish move below 149.6.

Share price targets for Tata Steel (TATASTEEL)

Target Type	Value
Downside Target	142.35
Downside Target	148.15
Upside Target	153.40
Upside Target	158.05
Upside Target	162.95
Upside Target	168.95
Upside Target	170.70
Upside Target	177.70
Upside Target	178.19
Upside Target	184.60

Intraday share price targets for Tata Steel (TATASTEEL)

Target Type	Value
Downside Intraday Target	149.64
Downside Intraday Target	147.36
Upside Intraday Target	154.95
Upside Intraday Target	157.98
Upside Intraday Target	152.67

Weekly technical analysis of Tata Steel (TATASTEEL)

Date	Weekly Closing Price	Open	High	Low	Volume
21 Wed Aug 2024	151.92	150.85	155.70	150.39	0.709 times
16 Fri Aug 2024	149.52	151.00	153.40	142.35	0.804 times
09 Fri Aug 2024	151.81	153.66	154.30	149.00	0.829 times
02 Fri Aug 2024	158.22	164.70	168.95	154.72	1.62 times
26 Fri Jul 2024	162.55	158.40	162.95	155.00	1.13 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
21 Wed Aug 2024	151.92	168.20	168.95	142.35	0.995 times
31 Wed Jul 2024	165.33	174.50	178.19	155.00	0.806 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

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 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 term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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 gaining momentum.

MACD generated a BUY signal for Tata Steel in short term but the buy 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 is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.

Ichimoku cloud is of red color and prices are below the red 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 SELL signal in short term but selling is losing 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 150.64 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 negative.

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