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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 2024-09-19 View latest technical analysis

10 day averaged volume of Tata Steel is 36171522

Date	Daily Closing Price	Open	High	Low	Volume
19 Thu Sep 2024	149.54	151.89	152.19	147.79	1.021 times
18 Wed Sep 2024	150.60	152.40	152.98	149.61	0.687 times
17 Tue Sep 2024	152.82	154.00	154.24	152.27	0.505 times
16 Mon Sep 2024	154.21	155.00	155.66	153.50	0.901 times
13 Fri Sep 2024	153.49	152.78	155.40	152.50	1.518 times
12 Thu Sep 2024	151.74	152.00	152.44	148.75	2.023 times
11 Wed Sep 2024	148.17	149.90	150.20	147.62	0.681 times
10 Tue Sep 2024	149.42	150.50	151.59	148.81	1.15 times
09 Mon Sep 2024	149.47	150.90	150.90	148.05	0.902 times
06 Fri Sep 2024	151.22	151.94	152.90	149.65	0.849 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 150.2, but if it comes above 150.2, then a intra day buy could be more profitable.
If you take a sell trade below 150.2, then use 150.2 as stoploss and 147.9 as target. However if you take a buy trade in stock , then use 150.2 as stoploss and 152.13 as target.

Share price targets for Tata Steel (TATASTEEL)

Target Type	Value
Downside Target	142.35
Downside Target	147.62
Upside Target	155.66
Upside Target	155.70
Upside Target	156.50
Upside Target	158.05
Upside Target	168.95
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	146.33
Downside Intraday Target	143.13
Upside Intraday Target	154.2
Upside Intraday Target	158.87
Upside Intraday Target	151

Weekly technical analysis of Tata Steel (TATASTEEL)

Date	Weekly Closing Price	Open	High	Low	Volume
19 Thu Sep 2024	149.54	155.00	155.66	147.79	0.496 times
13 Fri Sep 2024	153.49	150.90	155.40	147.62	1.649 times
06 Fri Sep 2024	151.22	153.90	153.90	149.16	0.757 times
30 Fri Aug 2024	152.76	154.61	156.50	151.20	0.832 times
23 Fri Aug 2024	154.20	150.85	155.70	150.39	1.03 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
19 Thu Sep 2024	149.54	153.90	155.66	147.62	0.447 times
30 Fri Aug 2024	152.76	168.20	168.95	142.35	1.3 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

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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of Tata Steel ( (TATASTEEL) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Tata Steel ( (TATASTEEL) ) based on a short to mid term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

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.

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. Bears 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 and SELL signal is strong!

RSI is generating a BUY signal in short term and the buying is gaining momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 151.23 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.