TATASTEEL - IntraDay Trade Analysis with Live Signals
Back to ListIntraDay Trade Rating: 3.9
| Stock Code | TATASTEEL | Market Cap | 2,43,841 Cr. | Current Price | 195 ₹ | High / Low | 216 ₹ |
| Stock P/E | 15.5 | Book Value | 107 ₹ | Dividend Yield | 1.84 % | ROCE | 12.7 % |
| ROE | 10.9 % | Face Value | 1.00 ₹ | DMA 50 | 195 ₹ | DMA 200 | 177 ₹ |
| Chg in FII Hold | 0.20 % | Chg in DII Hold | 0.06 % | PAT Qtr | 4,086 Cr. | PAT Prev Qtr | 4,360 Cr. |
| RSI | 48.0 | MACD | -2.00 | Volume | 3,15,16,001 | Avg Vol 1Wk | 3,94,72,046 |
| Low price | 124 ₹ | High price | 216 ₹ | PEG Ratio | -0.65 | Debt to equity | 0.52 |
| 52w Index | 77.0 % | Qtr Profit Var | 2.45 % | EPS | 11.7 ₹ | Industry PE | 20.1 |
🔎 Analysis: TATASTEEL is trading at ₹195, exactly at its 50 DMA (₹195) and above its 200 DMA (₹177), showing medium-term support but short-term indecision. RSI at 48.0 is neutral, while MACD (-2.00) signals mild bearish momentum. Volume is lower than the 1-week average, indicating reduced participation. Intraday trade is possible with cautious entry and strict stop-loss discipline.
💰 Optimal Buy Price: ₹192–₹196 if price stabilizes near support.
📈 Profit Exit Levels: ₹200 (first target), ₹206 (second target near resistance).
📉 Stop-Loss: ₹190 to protect against downside risk.
⏱️ If Already Holding: Exit near ₹200 if momentum slows. Trail stop-loss below ₹192. Exit immediately if price breaks ₹190 with strong volume.
✅ Positive
- ROCE at 12.7% and ROE at 10.9% show decent efficiency.
- Dividend yield of 1.84% provides investor support.
- Quarterly PAT stable (₹4,086 Cr vs ₹4,360 Cr).
- FII (+0.20%) and DII (+0.06%) holdings increased, reflecting investor confidence.
- Stock trading above 200 DMA indicates medium-term strength.
⚠️ Limitation
- PEG ratio (-0.65) suggests weak growth prospects.
- Momentum indicators (RSI, MACD) remain neutral to bearish.
- Volume is below average, limiting intraday strength.
- Debt-to-equity ratio (0.52) is moderate, adding financial risk.
📉 Company Negative News
- Quarterly PAT declined slightly (-6.3% vs previous quarter).
- High debt levels compared to peers.
📊 Company Positive News
- Stable profitability despite sector volatility.
- Dividend yield adds stability for investors.
- FII and DII inflows support sentiment.
🏭 Industry
- Steel sector average P/E is 20.1, higher than TATASTEEL’s 15.5, making it relatively undervalued.
- Sector growth remains tied to infrastructure demand, global commodity cycles, and government policies.
📝 Conclusion
TATASTEEL shows medium-term strength with price above 200 DMA and decent ROE/ROCE, but short-term momentum is weak due to neutral RSI and bearish MACD. Intraday traders can consider entry near ₹192–₹196 with strict stop-loss at ₹190. Profit-taking should be quick at ₹200–₹206. Momentum remains fragile, so cautious trading is advised.
Would you like me to extend this into a peer benchmarking overlay with JSW Steel, SAIL, and Jindal Steel? That way, you’ll see whether TATASTEEL’s intraday setup aligns with broader steel sector momentum.