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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 2024-10-31 View latest technical analysis

10 day averaged volume of Tata Steel is 31399515

Date	Daily Closing Price	Open	High	Low	Volume
31 Thu Oct 2024	148.56	149.08	149.95	148.20	0.84 times
30 Wed Oct 2024	148.97	148.10	150.95	148.10	0.68 times
29 Tue Oct 2024	150.06	149.85	150.45	146.55	1.027 times
28 Mon Oct 2024	149.38	146.00	149.73	144.73	0.904 times
25 Fri Oct 2024	145.86	149.00	149.50	144.43	1.265 times
24 Thu Oct 2024	148.98	149.49	149.83	148.01	0.704 times
23 Wed Oct 2024	148.78	150.30	151.95	148.05	1.341 times
22 Tue Oct 2024	150.39	154.90	154.90	150.10	1.245 times
21 Mon Oct 2024	155.03	156.10	157.93	154.59	0.822 times
18 Fri Oct 2024	155.39	152.40	156.20	151.10	1.107 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 149, but if it comes above 149, then a intra day buy could be more profitable.
If you take a sell trade below 149, then use 149 as stoploss and 142.1 as target. However if you take a buy trade in stock , then use 149 as stoploss and 154.65 as target.

Share price targets for Tata Steel (TATASTEEL)

Target Type	Value
Downside Target	142.35
Downside Target	147.62
Upside Target	155.00
Upside Target	163.38
Upside Target	164.00
Upside Target	167.95
Upside Target	168.95
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	145.21
Downside Intraday Target	141.86
Upside Intraday Target	151.43
Upside Intraday Target	154.3
Downside Intraday Target	148.08

Weekly technical analysis of Tata Steel (TATASTEEL)

Date	Weekly Closing Price	Open	High	Low	Volume
31 Thu Oct 2024	148.56	146.00	150.95	144.73	0.642 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
04 Fri Oct 2024	166.75	167.50	170.18	164.00	0.7 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
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
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 buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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 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 neutral. A longer time frame might give a better analysis.

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 and the sell signal is strong.

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 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 150.06 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.