A comprehensive analysis of the OECD's warning regarding the systemic risks posed...
Technicals for Tata Steel Limited
By MusingTheNews
2025-07-16 20:56
Overall Technical outlook
Price Summary
Tata Steel Limited's stock opened at 159.0 on 2025-07-16, surged to 159.27, dropped to 157.0, and ended -1.05% lower at 157.33, with 14584122 shares traded. Over the past 52 weeks, the stock reached a maximum price of 168.55 and a minimum price of 122.93. Analysts expect the price of TATASTEEL to vary between 125.0 and 200.0, with an average expected price near 162.6.
Technicals
Support and Resistance: At 157.33, the price is supported by 150.3 and resisted by 159.04. This indicates that the price for Tata Steel Limited might fluctuate between these levels, with 150.3 acting as a support and 159.04 limiting further upward movement. Support/Resistance for TATASTEEL
Aroon: The AROON is showing a neutral stance, not indicating a clear upward or downward trend for Tata Steel Limited. This suggests a period of market balance, where neither side is showing dominance. Aroon chart for Tata Steel Limited
Bol. Bands: The current state of the BOLL BANDS is neutral, with no clear trend direction indicated. This lack of directional bias suggests that the market may be in a phase of consolidation or uncertainty. Bolinger Bands chart for Tata Steel Limited
Parabolic SAR: The PSAR remains bearish for Tata Steel Limited, establishing a crucial resistance level that could hinder any bullish attempts. This ongoing bearish outlook suggests that the market may continue to face resistance, making it difficult for prices to rise. Parabolic Stop and Reverse chart for Tata Steel Limited
Stochastic: The STOCHASTIC is showing a neutral stance, not indicating a clear upward or downward trend for Tata Steel Limited. This suggests a period of market balance, where neither side is showing dominance. Stochastic chart for Tata Steel Limited
Tripple Moving Agerage: The 20, 50, and 100 moving averages for Tata Steel Limited are currently aligned in a bearish formation, signaling a downtrend. However, the wavering slopes of the 20 and 50 SMAs suggest that this bearish momentum may be weakening. This could indicate an upcoming shift towards bullish price action, as the loss of downward momentum might lead to a potential reversal in the market's current trend. Tripple SMA chart for Tata Steel Limited
When assessing a company's technical performance, such as stock price fluctuations and trading volume, it is crucial to first examine its fundamentals. These fundamentals include financial health, profitability, and growth potential. Additionally, understanding the industry's dynamics, including competitive pressures and market trends, is key to contextualizing the company's performance. By integrating these factors, a more comprehensive and meaningful analysis can be conducted, leading to more informed investment decisions.
DISCLAIMER: We provide information and our musings based on events, but nothing on this site can be considered professional advice of any kind.
An in-depth examination of the factors contributing to the U.S. dollar's multi-year...
By clicking "Accept", you agree to the storing of cookies on your device to enhance site navigation, analyze site usage and assist in our tailored marketing efforts.