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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 2024-10-16 View latest technical analysis

10 day averaged volume of Tata Steel is 52140295

Date	Daily Closing Price	Open	High	Low	Volume
16 Wed Oct 2024	155.24	155.19	156.55	154.02	0.547 times
15 Tue Oct 2024	155.63	159.50	159.53	155.05	0.747 times
14 Mon Oct 2024	158.32	161.88	163.38	158.04	0.682 times
11 Fri Oct 2024	160.66	159.30	163.78	159.20	1.022 times
10 Thu Oct 2024	159.72	158.30	161.18	156.60	0.892 times
09 Wed Oct 2024	159.06	159.52	162.20	158.11	0.82 times
08 Tue Oct 2024	159.52	163.00	163.59	156.70	1.438 times
07 Mon Oct 2024	164.36	167.10	167.95	162.33	0.935 times
04 Fri Oct 2024	166.75	167.00	169.10	164.00	1.033 times
03 Thu Oct 2024	166.98	165.50	169.99	164.52	1.457 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 154.4 as stoploss in an intra day buy trade for a target of 160.12. However, stock will show a bearish move below 154.4.

Share price targets for Tata Steel (TATASTEEL)

Target Type	Value
Downside Target	142.35
Downside Target	147.62
Downside Target	152.80
Upside Target	163.38
Upside Target	167.95
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	151.71
Downside Intraday Target	148.19
Upside Intraday Target	161.07
Upside Intraday Target	166.91
Upside Intraday Target	157.55

Weekly technical analysis of Tata Steel (TATASTEEL)

Date	Weekly Closing Price	Open	High	Low	Volume
16 Wed Oct 2024	155.24	161.88	163.38	154.02	0.387 times
11 Fri Oct 2024	160.66	167.10	167.95	156.60	0.975 times
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

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 Wed Oct 2024	155.24	169.49	169.99	154.02	0.543 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 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 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 SELL signal for Tata Steel in short term but the sell signal is initial and weak.

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 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 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 161.38 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 positive

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