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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 2024-10-21 View latest technical analysis

10 day averaged volume of Tata Steel is 43247398

Date	Daily Closing Price	Open	High	Low	Volume
21 Mon Oct 2024	155.03	156.10	157.93	154.59	0.597 times
18 Fri Oct 2024	155.39	152.40	156.20	151.10	0.804 times
17 Thu Oct 2024	152.40	155.65	156.30	152.10	0.657 times
16 Wed Oct 2024	155.24	155.19	156.55	154.02	0.659 times
15 Tue Oct 2024	155.63	159.50	159.53	155.05	0.901 times
14 Mon Oct 2024	158.32	161.88	163.38	158.04	0.822 times
11 Fri Oct 2024	160.66	159.30	163.78	159.20	1.232 times
10 Thu Oct 2024	159.72	158.30	161.18	156.60	1.075 times
09 Wed Oct 2024	159.06	159.52	162.20	158.11	0.989 times
08 Tue Oct 2024	159.52	163.00	163.59	156.70	1.733 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 155.7, but if it comes above 155.7, then a intra day buy could be more profitable.
If you take a sell trade below 155.7, then use 155.7 as stoploss and 149.8 as target. However if you take a buy trade in stock , then use 155.7 as stoploss and 160.65 as target.

Share price targets for Tata Steel (TATASTEEL)

Target Type	Value
Downside Target	142.35
Downside Target	147.62
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	153.77
Downside Intraday Target	152.51
Upside Intraday Target	157.11
Upside Intraday Target	159.19
Upside Intraday Target	155.85

Weekly technical analysis of Tata Steel (TATASTEEL)

Date	Weekly Closing Price	Open	High	Low	Volume
21 Mon Oct 2024	155.03	156.10	157.93	154.59	0.155 times
18 Fri Oct 2024	155.39	161.88	163.38	151.10	0.624 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

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
21 Mon Oct 2024	155.03	169.49	169.99	151.10	0.63 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 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 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 coming down

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

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

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 157.74 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.