TATATECH - IntraDay Trade Analysis
Last Updated Time : 02 Aug 25, 12:58 am
Back to IntraDay Trade List📉 Intraday Trade Analysis for TATATECH
IntraDay Trade Rating: 2.9
TATATECH shows signs of weak momentum and limited upside potential for intraday trading today. Despite strong fundamentals like low debt and solid ROCE, the technical indicators and price action suggest caution.
🔍 Technical & Momentum Indicators
RSI (44.6): Below neutral, leaning bearish — indicates lack of buying strength.
MACD (-3.66): Bearish crossover — momentum is fading.
Volume: Below weekly average — reduced participation.
Price Action: Trading below both 50-DMA (₹719) and 200-DMA (₹796) — short-term trend is weak.
💡 Optimal Intraday Strategy
If you're entering fresh today
Buy Price: ₹702.20 (near Fibonacci pivot support)
Profit Target: ₹709.80 to ₹715.40 (minor resistance zones)
Stop-Loss: ₹698.50 (recent intraday low)
If you're already holding
Exit on Weakness: If price breaks below ₹700 with rising volume, consider exiting.
Exit on Strength: If price crosses ₹710 with MACD flattening and volume spike, trail stop-loss and aim for ₹715+
⚠️ Risk Factors
MACD & RSI both bearish — momentum is not supportive.
Price below key moving averages — trend is downward.
Low intraday volume — weak conviction from traders.
Quarterly profit decline (↓5.09%) — short-term earnings pressure.
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