TATASTEEL - IntraDay Trade Analysis with Live Signals

Last Updated Time : 19 Sept 25, 2:16 pm

IntraDay Trade Rating: 4.3

📊 Intraday Trading Analysis for TATASTEEL

✅ Bullish Setup

Momentum Indicators: RSI at 67.4 and MACD at 3.31 show strong bullish momentum, nearing overbought territory.

Price Action: Trading above both 50-DMA (₹162) and 200-DMA (₹154), confirming trend strength.

Volume Strength: Intraday volume (1.74 Cr) is close to the 1-week average (1.88 Cr), indicating sustained interest.

Fundamentals: ROCE (12.7%) and ROE (10.9%) are solid. EPS of ₹11.3 and P/E of 14.5 offer valuation comfort vs industry PE of 23.1.

DII Accumulation: +1.59% increase in domestic institutional holding supports sentiment.

⚠️ Risks to Monitor

FII Outflow (-1.07%): Indicates cautious foreign sentiment.

Near 52-Week High: Current price (₹172) is just below the high of ₹173, which may act as resistance.

Negative PEG (-0.61): Suggests weak earnings growth relative to valuation.

🎯 Trade Strategy

📌 Optimal Buy Price

₹170–₹172 (enter near current price with confirmation from price action and volume)

📈 Profit-Taking Levels

Target 1: ₹174 (momentum extension beyond 52-week high)

Target 2: ₹178–₹180 (if breakout sustains)

📉 Stop-Loss

₹167 (below recent support and psychological level)

⏱️ Exit Strategy if Already Holding

RSI drops below 65: Indicates fading momentum.

MACD flattens or turns negative: Suggests loss of bullish drive.

Price rejection at ₹174–₹178: Multiple failed attempts signal exit.

TATASTEEL is showing strong technical momentum and valuation support, making it a solid intraday candidate. Just keep a close eye on resistance near ₹173 and manage risk tightly. Let me know if you'd like to track this live with a chart overlay or volume heatmap.

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