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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 2024-11-08 View latest technical analysis

10 day averaged volume of Tata Steel is 35875582

Date	Daily Closing Price	Open	High	Low	Volume
08 Fri Nov 2024	147.57	152.00	152.00	146.94	1.728 times
07 Thu Nov 2024	150.95	156.11	156.92	150.20	2.46 times
06 Wed Nov 2024	153.62	154.00	154.95	149.59	1.364 times
05 Tue Nov 2024	152.29	147.00	152.55	146.95	1.192 times
04 Mon Nov 2024	146.95	150.00	150.00	145.10	0.713 times
01 Fri Nov 2024	149.75	149.66	150.25	149.00	0.142 times
31 Thu Oct 2024	148.56	149.08	149.95	148.20	0.735 times
30 Wed Oct 2024	148.97	148.10	150.95	148.10	0.595 times
29 Tue Oct 2024	150.06	149.85	150.45	146.55	0.899 times
28 Mon Oct 2024	149.38	146.00	149.73	144.73	0.791 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 147.9, but if it comes above 147.9, then a intra day buy could be more profitable.
If you take a sell trade below 147.9, then use 147.9 as stoploss and 144 as target. However if you take a buy trade in stock , then use 147.9 as stoploss and 151.21 as target.

Share price targets for Tata Steel (TATASTEEL)

Target Type	Value
Downside Target	142.35
Upside Target	150.95
Upside Target	155.00
Upside Target	156.92
Upside Target	157.93
Upside Target	163.38
Upside Target	167.95
Upside Target	168.95
Upside Target	169.99
Upside Target	170.18
Upside Target	178.19

Intraday share price targets for Tata Steel (TATASTEEL)

Target Type	Value
Downside Intraday Target	142.81
Downside Intraday Target	138.04
Upside Intraday Target	154.63
Upside Intraday Target	161.68
Upside Intraday Target	149.86

Weekly technical analysis of Tata Steel (TATASTEEL)

Date	Weekly Closing Price	Open	High	Low	Volume
08 Fri Nov 2024	147.57	150.00	156.92	145.10	2.357 times
01 Fri Nov 2024	149.75	146.00	150.95	144.73	0.672 times
25 Fri Oct 2024	145.86	156.10	157.93	144.43	1.016 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

Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Tata Steel (TATASTEEL)

Date	Monthly Closing Price	Open	High	Low	Volume
08 Fri Nov 2024	147.57	149.66	156.92	145.10	0.306 times
31 Thu Oct 2024	148.56	169.49	169.99	144.43	0.878 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

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 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 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 Weak 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. Bulls are getting tired and bears 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 SELL signal for Tata Steel in short term and SELL signal is strong!

RSI is generating a SELL signal in short term and selling is picking up 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 150.14 and Tata Steel (TATASTEEL) stock is trading below this level. This means that stock is falling with high volumes. 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.