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
Next report date
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Report period
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EPS estimate
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2.35 INR
−44.37 B INR
2.29 T INR
8.27 B
About TATA STEEL LTD
Sector
Industry
CEO
Thachat Viswanath Narendran
Website
Headquarters
Mumbai
Founded
1907
ISIN
INE081A01020
FIGI
BBG000D0ZGF4
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
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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 TATASTEEL is 148.95 INR — it has decreased by −1.21% in the past 24 hours. Watch TATA STEEL LTD stock price performance more closely on the chart.
Depending on the exchange, the stock ticker may vary. For instance, on NSE exchange TATA STEEL LTD stocks are traded under the ticker TATASTEEL.
TATASTEEL stock has risen by 0.98% compared to the previous week, the month change is a 3.73% rise, over the last year TATA STEEL LTD has showed a 12.59% increase.
We've gathered analysts' opinions on TATA STEEL LTD future price: according to them, TATASTEEL price has a max estimate of 192.00 INR and a min estimate of 80.00 INR. Watch TATASTEEL chart and read a more detailed TATA STEEL LTD stock forecast: see what analysts think of TATA STEEL LTD and suggest that you do with its stocks.
TATASTEEL reached its all-time high on Jun 18, 2024 with the price of 184.60 INR, and its all-time low was 3.51 INR and was reached on Sep 27, 2001. View more price dynamics on TATASTEEL chart.
See other stocks reaching their highest and lowest prices.
See other stocks reaching their highest and lowest prices.
TATASTEEL stock is 3.59% volatile and has beta coefficient of 1.49. Track TATA STEEL LTD stock price on the chart and check out the list of the most volatile stocks — is TATA STEEL LTD there?
Today TATA STEEL LTD has the market capitalization of 1.86 T, it has increased by 2.22% over the last week.
Yes, you can track TATA STEEL LTD financials in yearly and quarterly reports right on TradingView.
TATA STEEL LTD is going to release the next earnings report on Feb 7, 2025. Keep track of upcoming events with our Earnings Calendar.
TATASTEEL earnings for the last quarter are 0.66 INR per share, whereas the estimation was 0.72 INR resulting in a −8.96% surprise. The estimated earnings for the next quarter are 0.99 INR per share. See more details about TATA STEEL LTD earnings.
TATA STEEL LTD revenue for the last quarter amounts to 539.05 B INR, despite the estimated figure of 521.94 B INR. In the next quarter, revenue is expected to reach 564.50 B INR.
TATASTEEL 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 LTD financial stats to get the full picture.
Yes, TATASTEEL dividends are paid annually. The last dividend per share was 3.60 INR. As of today, Dividend Yield (TTM)% is 2.42%. Tracking TATA STEEL LTD dividends might help you take more informed decisions.
As of Dec 15, 2024, the company has 78.32 K employees. See our rating of the largest employees — is TATA STEEL LTD on this list?
EBITDA measures a company's operating performance, its growth signifies an improvement in the efficiency of a company. TATA STEEL LTD EBITDA is 257.00 B INR, and current EBITDA margin is 9.71%. See more stats in TATA STEEL LTD financial statements.
Like other stocks, TATASTEEL 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 LTD 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 LTD technincal analysis shows the neutral today, and its 1 week rating is neutral. 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 LTD stock shows the buy signal. See more of TATA STEEL LTD 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.