tata steel weekly timeframe tata steel weekly timeframe
It touches the trendline and also have double bottom support RSI below 40 this good opportunity to trade in TATA STEEL
2.35 INR
−44.37 B INR
2.29 T INR
About TATA STEEL LTD
Sector
Industry
CEO
Thachat Viswanath Narendran
Website
Headquarters
Mumbai
Founded
1907
ISIN
IN9081A01010
FIGI
BBG00JVPRZQ3
Tata Steel Ltd. is a holding company, which engages in the manufacture of iron and steel products. It operates through the following segments: Agriculture, Automotive Steels, Construction, Consumer Goods, Energy and Power, Engineering and Material Handling. Its products include Automotive Steels, Galvano, Tata Agrico, Astrum, Bearings, Pipes, Precision Tubes, Shaktee, Steelium, Tiscon and Wiron. The company was founded on August 26, 1907 and is headquartered in Mumbai, India.
Tata Steel - Possible ReversalStock standing at 2 Strong Demand as well as flip zones
Zone 1 at 135-137
Zone 2 at 130 132
Both appears to be excellent zone for reversal
Wait for at least an hourly candle to make a decision
risk to rewards looks promising
TATASTEEL Breakdown Opportunity Stock Name: TATASTEEL
Entry Point: Considering a short position if the price breaks below today's low, supported by strong open interest (OI).
Stop-Loss (SL): Placed above today's high to control risk effectively.
Target: Near the next key support level or adjusted based on real-time price movement.
TATASTEEL 1D TFAs discussed in the previous post NSE:TATASTEEL was moving around a trend line which it has broke down now. The stock could be traded with strong confirmations only.
We have discussed this more on our previous post. You can view the previous post by clicking the attachment below this post.
Discl
TatasteelMean reversion happening on bigger time frame.
more selling from here may take it to 135 120 level
stop loss could be 160
TATASTEEL - 15m TFNSE:TATASTEEL has formed a clear support line ( Trend Line) with multiple touch points, as the month TF didn't have any break of structure(BOS) on the sell side, the market is still considered to be in uptrend. Moving down to the 15m TF the market has a resistance with multiple touch points and if
Perfect example for Resistance become supportGood to trade with bullish view once confirmed with price action.
TATA STEEL 1D TFNSE:TATASTEEL has been respecting a trend line for a very long time. We've discussed about this in our previous posts. The stock has formed a good bullish candle showing signs of possible bullish movement. A R:R of 1:1.5 can be traded in this trade. As the volume is good and supporting our audio.
Taking SupportWhen it breaks 151, it will rise to 158, followed by 163 and 170, indicating that it is receiving support.
TATA STEELThese are compelling reasons to consider a long position on TATA STEEL:
1. Strong Daily Support: When a stock sits on a well-established support level, it often indicates a potential bottom, reducing downside risk and creating a favorable risk-reward scenario.
2. Bullish Candle Pattern on Supp
See all ideas
Displays a symbol's price movements over previous years to identify recurring trends.
A
TAEL4599346
ABJA Investment Co. Pte Ltd. 5.45% 24-JAN-2028Yield to maturity
5.13%
Maturity date
Jan 24, 2028
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Frequently Asked Questions
The current price of TATASTEELPP is 233.50 INR — it has increased by 12.77% in the past 24 hours. Watch TATA STEEL LIMITED stock price performance more closely on the chart.
Depending on the exchange, the stock ticker may vary. For instance, on BSE exchange TATA STEEL LIMITED stocks are traded under the ticker TATASTEELPP.
TATASTEELPP reached its all-time high on Jan 8, 2021 with the price of 294.10 INR, and its all-time low was 28.70 INR and was reached on Mar 30, 2020. View more price dynamics on TATASTEELPP chart.
See other stocks reaching their highest and lowest prices.
See other stocks reaching their highest and lowest prices.
Today TATA STEEL LIMITED has the market capitalization of 2.91 T, it has decreased by −3.96% over the last week.
Yes, you can track TATA STEEL LIMITED financials in yearly and quarterly reports right on TradingView.
TATASTEELPP net income for the last quarter is 8.33 B INR, while the quarter before that showed 9.60 B INR of net income which accounts for −13.15% change. Track more TATA STEEL LIMITED financial stats to get the full picture.
As of Dec 12, 2024, the company has 78.32 K employees. See our rating of the largest employees — is TATA STEEL LIMITED on this list?
EBITDA measures a company's operating performance, its growth signifies an improvement in the efficiency of a company. TATA STEEL LIMITED EBITDA is 257.00 B INR, and current EBITDA margin is 9.71%. See more stats in TATA STEEL LIMITED financial statements.
Like other stocks, TATASTEELPP shares are traded on stock exchanges, e.g. Nasdaq, Nyse, Euronext, and the easiest way to buy them is through an online stock broker. To do this, you need to open an account and follow a broker's procedures, then start trading. You can trade TATA STEEL LIMITED stock right from TradingView charts — choose your broker and connect to your account.
Investing in stocks requires a comprehensive research: you should carefully study all the available data, e.g. company's financials, related news, and its technical analysis. So TATA STEEL LIMITED technincal analysis shows the buy rating today, and its 1 week rating is strong buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1 month rating TATA STEEL LIMITED stock shows the buy signal. See more of TATA STEEL LIMITED technicals for a more comprehensive analysis.
If you're still not sure, try looking for inspiration in our curated watchlists.
If you're still not sure, try looking for inspiration in our curated watchlists.