TATASTEEL - IntraDay Trade Analysis

Last Updated Time : 02 Aug 25, 12:58 am

📊 Intraday Trade Analysis for TATASTEEL

IntraDay Trade Rating: 3.7

TATASTEEL presents a moderate opportunity for intraday trading today. While the stock has shown strong quarterly profit growth and is trading above key moving averages, its high P/E ratio and weakening FII sentiment suggest caution. Let’s break it down

🔍 Technical & Momentum Indicators

RSI (53.8): Neutral zone, not overbought or oversold — suggests limited momentum.

MACD (1.03): Mildly bullish, but not a strong breakout signal

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Volume: Slightly below weekly average — no major surge in participation.

Price Action: Trading near recent highs (₹170), but showing signs of consolidation

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💡 Optimal Intraday Strategy

If you're entering fresh today

Buy Price: ₹160.46 (support level based on price retracement)

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Profit Target: ₹162.02 (mean value) to ₹164.56 (bullish breakout level)

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Stop-Loss: ₹159.50 (intraday low)

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If you're already holding

Exit on Weakness: If price fails to hold above ₹160.46 and volume drops, consider exiting.

Exit on Strength: If price breaks ₹163.00 with strong volume and MACD crossover, trail stop-loss and aim for ₹165.54

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⚠️ Risk Factors

High P/E (60.8) vs. Industry PE (22.4): Overvaluation risk.

Negative PEG (-1.08): Indicates poor growth relative to valuation.

Debt-to-Equity (1.04): Leverage is on the higher side.

FII Holding Decline (-1.07%): Institutional sentiment weakening.

Would you like a similar breakdown for another stock or a swing trade setup for TATASTEEL?

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trendlyne.com

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justticks.in

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www.stocks-buy.com

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