TATASTEEL - IntraDay Trade Analysis with Live Signals
Back to ListIntraDay Trade Rating: 3.7
| Stock Code | TATASTEEL | Market Cap | 2,43,716 Cr. | Current Price | 195 ₹ | High / Low | 203 ₹ |
| Stock P/E | 15.6 | Book Value | 107 ₹ | Dividend Yield | 1.84 % | ROCE | 12.7 % |
| ROE | 10.9 % | Face Value | 1.00 ₹ | DMA 50 | 182 ₹ | DMA 200 | 168 ₹ |
| Chg in FII Hold | 0.20 % | Chg in DII Hold | 0.06 % | PAT Qtr | 4,360 Cr. | PAT Prev Qtr | 3,693 Cr. |
| RSI | 59.8 | MACD | 4.20 | Volume | 1,55,98,247 | Avg Vol 1Wk | 3,69,68,581 |
| Low price | 124 ₹ | High price | 203 ₹ | PEG Ratio | -0.65 | Debt to equity | 0.52 |
| 52w Index | 90.2 % | Qtr Profit Var | 21.8 % | EPS | 11.7 ₹ | Industry PE | 21.6 |
📊 Analysis: TATASTEEL shows fair intraday potential. Current price (195 ₹) is above both 50 DMA (182 ₹) and 200 DMA (168 ₹), reflecting bullish momentum. RSI at 59.8 indicates healthy momentum without being overbought. MACD at 4.20 is positive, confirming bullish bias. Volume (1.55 Cr) is lower than the 1-week average (3.69 Cr), suggesting reduced participation but still strong liquidity. The stock trades at 90.2% of its 52-week high, showing strong sentiment and resilience.
💰 Optimal Buy Price: 193–196 ₹ (near support zone).
📈 Profit-Taking Exit Levels: 200–203 ₹ (short-term resistance near 52-week high).
🛑 Stop-Loss / Loss Protection: 190 ₹ (below support zone).
⏱️ If Already Holding: Exit intraday if price fails to sustain above 195 ₹ or if RSI rises above 65 with weakening momentum. Book profits if price approaches 200–203 ₹ but volume remains weak or MACD flattens.
✅ Positive
- Price trading above both 50 DMA and 200 DMA, showing strong technical support.
- MACD positive, confirming bullish bias.
- Quarterly PAT growth (+21.8%) shows earnings improvement.
- Dividend yield at 1.84% adds investor appeal.
- EPS at 11.7 ₹ reflects profitability.
- FII (+0.20%) and DII (+0.06%) holdings increased slightly.
⚠️ Limitation
- Volume lower than 1-week average, limiting intraday volatility.
- PEG ratio at -0.65 indicates poor growth outlook.
- Debt-to-equity ratio at 0.52 is moderately high.
📉 Company Negative News
- PEG ratio negative, suggesting weak growth prospects.
- Debt levels remain relatively high compared to peers.
📈 Company Positive News
- Quarterly PAT improved (4,360 Cr vs 3,693 Cr).
- Dividend yield at 1.84% provides steady investor returns.
- Stock trading near 90.2% of its 52-week high, showing resilience.
🏭 Industry
- Industry PE at 21.6, higher than TATASTEEL’s P/E of 15.6, suggesting undervaluation.
- Steel sector remains cyclical but supported by infrastructure and industrial demand.
🔎 Conclusion
TATASTEEL is a fair candidate for intraday trading today. Technical indicators show bullish bias with price above key moving averages and positive MACD. A buy zone near 193–196 ₹ with exit around 200–203 ₹ is possible, but strict stop-loss at 190 ₹ is essential. Traders should remain moderately conservative due to lower volume and debt levels, while leveraging strong momentum and fundamentals.