TATASTEEL - IntraDay Trade Analysis with Live Signals

Last Updated Time : 05 Nov 25, 7:43 am

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IntraDay Trade Rating: 4.1

• 📌 Current Price: ₹179
• 📈 DMA 50 / 200: ₹172 / ₹160 (Price above both)
• 📊 RSI: 57.7 (Mild bullish momentum)
• 📉 MACD: 3.36 (Positive crossover)
• 📶 Volume: 1.95 Cr vs Avg 2.70 Cr (Below average)

📥 Optimal Buy Price

• ✅ Entry zone: ₹177–₹179 on minor dips with MACD confirmation

📤 Intraday Exit Strategy

• 🎯 Profit Booking: ₹183–₹185 (Resistance zone)
• 🛑 Stop Loss: ₹175 (Below DMA 50)
• 📌 Trailing Exit: Exit if price closes below ₹176 on 15-min candle with RSI < 52

📤 If Already Holding

• 🔄 Monitor ₹183–₹185 zone for partial exit if volume spikes and RSI > 60
• ⚠️ Exit fully if price breaks ₹175 with MACD histogram turning negative

✅ Positive

• Price trading above both DMA 50 and DMA 200 — bullish structure
• MACD shows positive crossover
• ROE at 10.9% and ROCE at 12.7% — decent capital efficiency
• EPS of ₹11.3 and P/E of 15.1 — valuation below industry average

⚠️ Limitation

• Volume below weekly average — momentum may be limited
• PEG ratio is negative (-0.63) — growth outlook unclear

📉 Company Negative News

• Steel sector cyclicality may affect short-term sentiment

📈 Company Positive News

• Quarterly PAT improved from ₹3,554 Cr to ₹3,693 Cr
• DII holding increased by 0.85% — institutional confidence

🏭 Industry

• Metal sector showing rotational strength; Tata Steel is outperforming peers in technical structure

🧾 Conclusion

• TATASTEEL is a technically strong intraday candidate with bullish indicators and valuation comfort.
• Use tight stop-loss and monitor ₹183–₹185 for exit opportunities.

Would you like to overlay this with a metal sector scan or basket setup for rotational confirmation?