TATASTEEL - IntraDay Trade Analysis with Live Signals
Back to ListIntraDay Trade Rating: 4.1
| Stock Code | TATASTEEL | Market Cap | 2,63,852 Cr. | Current Price | 211 ₹ | High / Low | 218 ₹ |
| Stock P/E | 16.8 | Book Value | 107 ₹ | Dividend Yield | 1.70 % | ROCE | 12.7 % |
| ROE | 10.9 % | Face Value | 1.00 ₹ | DMA 50 | 202 ₹ | DMA 200 | 183 ₹ |
| Chg in FII Hold | 1.09 % | Chg in DII Hold | -0.31 % | PAT Qtr | 4,086 Cr. | PAT Prev Qtr | 4,360 Cr. |
| RSI | 57.7 | MACD | 4.22 | Volume | 2,63,26,581 | Avg Vol 1Wk | 3,33,56,266 |
| Low price | 139 ₹ | High price | 218 ₹ | PEG Ratio | -0.70 | Debt to equity | 0.52 |
| 52w Index | 91.3 % | Qtr Profit Var | 2.45 % | EPS | 11.7 ₹ | Industry PE | 22.9 |
📈 Optimal Buy Price: 208–212 ₹ (near DMA50 support)
💰 Profit Exit Levels: 215–218 ₹ (short-term resistance, close to 52w high)
🛑 Stop-Loss: Below 205 ₹ (protect downside risk)
🔄 Intraday Exit Guidance: If RSI (57.7) fails to sustain above 60 or price action struggles near 215 ₹ with weakening volume, consider booking profits. Exit intraday if MACD momentum fades or volume drops below average despite price holding above 210 ₹.
Positive
- Price trading above DMA50 (202 ₹) and DMA200 (183 ₹), confirming bullish trend
- Quarterly PAT stable (4,086 Cr. vs 4,360 Cr.)
- EPS at 11.7 ₹ supports valuation strength
- FII holdings increased (+1.09%), showing foreign investor confidence
- MACD positive (4.22) indicates bullish momentum
- Strong 52w Index (91.3%) reflects sustained uptrend
Limitation
- RSI at 57.7 indicates moderate momentum, not strongly bullish
- Volume below weekly average, limiting conviction
- Debt-to-equity at 0.52 adds leverage risk
- ROCE (12.7%) and ROE (10.9%) modest compared to peers
- PEG ratio negative (-0.70), limiting valuation attractiveness
Company Negative News
- Sequential PAT decline (4,360 Cr. → 4,086 Cr.) raises caution
- Leverage remains moderate with debt-to-equity at 0.52
Company Positive News
- Strong long-term uptrend supported by DMA levels
- Foreign institutional inflows (FII +1.09%)
- Stable quarterly earnings despite sector volatility
Industry
- Steel sector PE at 22.9, Tata Steel trades at discount (16.8), reflecting undervaluation
- Sector outlook stable with demand in infrastructure and global recovery
Conclusion
📌 TATASTEEL is a strong intraday candidate today. Buy near 208–212 ₹ with stop-loss at 205 ₹. Exit around 215–218 ₹ if momentum sustains. If RSI fails to hold above 60 or volume weakens, book profits early to protect gains.
Would you like me to extend this into a sector overlay (Tata Steel vs JSW Steel, SAIL, and Jindal Steel) so you can benchmark intraday setups against peers in the steel sector?