Tata Steel | 200 EMA Support + MACD Bullish Setup | Perfect std.

Tata Steel has entered a high-probability reversal zone, combining multiple technical signals that traders often use to identify strong opportunities.

1. Price Sitting Exactly on 200 EMA (Major Trend Support)
The stock has reached the 200 EMA, a long-term trend indicator that acts as strong dynamic support.
From the chart, the last 3 touches to the 200 EMA (May, June & September) resulted in sharp upward reversals.
This increases the probability that buyers may step in again at this level.
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2. MACD Close to Bullish Crossover
The MACD histogram is reducing red bars and is moving toward the zero line, indicating that selling pressure is cooling down.
A bullish crossover near a major support often marks the beginning of an upswing in momentum.
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3. Stock Appears Short-Term Oversold
Price is stretched away from the short-term moving averages (20 & 50 EMA), and recent candles show slowing selling pressure.
This supports the idea of a bounce or trend reversal from the current zone.
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4. Supertrend Still in Sell but Losing Momentum
Supertrend remains red, but the fall has slowed significantly.
A close above 170–172 will flip Supertrend to Buy, confirming the reversal.


Support Zones
162–164 → 200 EMA support zone
158 → Last horizontal support (critical)
Resistance Zones
170 → Short-term resistance (20 EMA)
176–178 → Strong reversal confirmation zone
185 → Major swing resistance


📈 Possible Bullish Scenario (Primary View)
If the price holds above 162–164 and MACD turns positive:
Targets: 170 | 176–178 | 185 | Stop-loss: Below 160 (Daily close)

📝 Notes (Important for Traders)
This is a technical analysis idea, not a buy/sell recommendation.
Risk management is important: adjust SL according to your trading style.