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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 2024-10-04 View latest technical analysis

10 day averaged volume of Tata Steel is 70008861

Date	Daily Closing Price	Open	High	Low	Volume
04 Fri Oct 2024	166.75	167.00	169.10	164.00	0.77 times
03 Thu Oct 2024	166.98	165.50	169.99	164.52	1.085 times
01 Tue Oct 2024	167.03	169.49	169.49	165.10	0.725 times
30 Mon Sep 2024	168.55	167.50	170.18	167.26	1.32 times
27 Fri Sep 2024	166.55	167.00	169.01	165.89	1.04 times
26 Thu Sep 2024	165.61	162.00	165.90	160.48	1.266 times
25 Wed Sep 2024	161.66	161.50	162.69	159.52	0.829 times
24 Tue Sep 2024	160.53	155.15	161.50	154.85	1.963 times
23 Mon Sep 2024	153.99	154.38	154.39	152.80	0.475 times
20 Fri Sep 2024	152.02	151.00	153.34	150.65	0.77 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 164.3, but if it comes below 164.3, then a intra day sell could be more profitable.
If you take a sell trade below 164.3, then use 164.3 as stoploss and 157.02 as target. However if you take a buy trade in stock , then use 164.3 as stoploss and 173 as target.

Share price targets for Tata Steel (TATASTEEL)

Target Type	Value
Downside Target	142.35
Downside Target	147.62
Downside Target	152.80
Downside Target	164.00
Upside Target	168.95
Upside Target	169.01
Upside Target	169.99
Upside Target	170.18
Upside Target	178.19
Upside Target	184.60

Intraday share price targets for Tata Steel (TATASTEEL)

Target Type	Value
Downside Intraday Target	163.77
Downside Intraday Target	160.8
Upside Intraday Target	169.95
Upside Intraday Target	173.16
Upside Intraday Target	166.98

Weekly technical analysis of Tata Steel (TATASTEEL)

Date	Weekly Closing Price	Open	High	Low	Volume
04 Fri Oct 2024	166.75	167.50	170.18	164.00	0.7 times
27 Fri Sep 2024	166.55	154.38	169.01	152.80	2.344 times
20 Fri Sep 2024	152.02	155.00	155.66	147.79	0.734 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

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
04 Fri Oct 2024	166.75	169.49	169.99	164.00	0.178 times
30 Mon Sep 2024	168.55	153.90	170.18	147.62	0.95 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

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 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 BUY. Signal strength is Strong 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 coming down

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

RSI is generating a BUY signal in short term and the buying is gaining 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 163.56 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.