TATASTEEL - IntraDay Trade Analysis with Live Signals
Back to ListIntraDay Trade Rating: 4.2
| Stock Code | TATASTEEL | Market Cap | 2,68,109 Cr. | Current Price | 215 ₹ | High / Low | 224 ₹ |
| Stock P/E | 15.9 | Book Value | 109 ₹ | Dividend Yield | 1.86 % | ROCE | 14.0 % |
| ROE | 12.9 % | Face Value | 1.00 ₹ | DMA 50 | 208 ₹ | DMA 200 | 188 ₹ |
| Chg in FII Hold | 1.09 % | Chg in DII Hold | -0.31 % | PAT Qtr | 4,757 Cr. | PAT Prev Qtr | 4,086 Cr. |
| RSI | 56.4 | MACD | 0.83 | Volume | 4,05,81,969 | Avg Vol 1Wk | 2,63,20,571 |
| Low price | 150 ₹ | High price | 224 ₹ | PEG Ratio | 4.17 | Debt to equity | 0.51 |
| 52w Index | 87.1 % | Qtr Profit Var | 33.8 % | EPS | 12.9 ₹ | Industry PE | 18.5 |
📊 TATASTEEL shows strong momentum for intraday trading today. RSI at 56.4 indicates healthy momentum, while MACD is slightly positive (0.83), suggesting bullish bias. Current price (215 ₹) is above both 50 DMA (208 ₹) and 200 DMA (188 ₹), reflecting strong technical support. Volume (4.05 Cr.) is significantly higher than the weekly average, confirming strong participation.
- 💰 Optimal Buy Price: Around 212 ₹ – 216 ₹ (near support zone)
- 📈 Profit-Taking Levels: 220 ₹ – 224 ₹
- 📉 Stop-Loss Protection: 208 ₹
⏳ If already holding TATASTEEL today, consider exiting intraday positions if price fails to sustain above 216 ₹ with strong volume. A break below 208 ₹ should trigger an exit to protect capital.
Positive ✅
- Stock trading above both 50 DMA and 200 DMA
- Quarterly PAT improved from 4,086 Cr. to 4,757 Cr.
- EPS at 12.9 ₹ supports valuation
- Dividend yield of 1.86% adds stability
- FII holding increased by 1.09%
Limitation ⚠️
- PEG ratio at 4.17 indicates overvaluation
- Debt-to-equity ratio at 0.51 shows moderate leverage
- DII holding reduced by 0.31%
Company Negative News ❌
- Quarterly profit variation at 33.8% shows earnings volatility
- Valuation premium compared to industry peers
Company Positive News 🌟
- Strong quarterly profit growth
- FII inflows reflect foreign investor confidence
- Dividend yield supports investor sentiment
Industry 🏭
- Industry PE at 18.5 vs TATASTEEL PE at 15.9 – stock trades at discount
- Steel sector supported by infrastructure demand and global recovery
Conclusion 📌
TATASTEEL is a strong intraday candidate today with bullish momentum, high volume, and attractive valuation relative to peers. Traders can look for quick gains with tight stop-losses. Caution is advised due to earnings volatility and moderate leverage.
Would you like me to extend this into a swing trade analysis with medium-term entry/exit zones and peer benchmarking against JSW Steel, SAIL, and Jindal Steel?