TATATECH - Technical Analysis with Chart Patterns & Indicators

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

Technical Rating: 4.3

Here’s a detailed technical analysis of Tata Technologies Ltd. (TATATECH)

📊 Trend Overview

Current Trend: The stock is in a short-term uptrend, trading above its 50 DMA (₹695) but still below the 200 DMA (₹763). This suggests a recovery phase with bullish momentum building.

Long-Term Trend: Weakening, as the stock is down ~37% from its 52-week high of ₹1,136. However, the bounce from ₹595 and improving volume indicate a potential reversal setup.

📈 Moving Averages

50 DMA: ₹695

200 DMA: ₹763

Current Price: ₹717

Interpretation: Price is above the 50 DMA, showing short-term strength. A close above ₹763 would confirm a medium-term trend reversal.

📉 MACD & RSI

MACD: Positive at 7.13 — bullish crossover, signaling upward momentum.

RSI: At 65.6 — approaching overbought territory, but still in a healthy range.

Conclusion: Momentum indicators support a buy-on-dips strategy. RSI > 70 would suggest caution for fresh entries.

📊 Volume Trends

Current Volume: 13.97 lakh

1-Week Avg Volume: 12.57 lakh

Interpretation: Volume is slightly above average, indicating growing interest and potential accumulation.

📉 Bollinger Bands

Price is likely near the upper band, signaling strength but also short-term resistance. A breakout above ₹730–₹740 with volume would confirm continuation.

📌 Support & Resistance Levels

Level Price (₹) Commentary

Support 1 695 50 DMA, short-term support

Support 2 660 Previous swing low

Resistance 1 740 Near-term resistance zone

Resistance 2 763 200 DMA, key ceiling

Resistance 3 820–860 Intermediate swing highs

🎯 Entry & Exit Zones

Optimal Entry: ₹695–₹710 (on pullback with confirmation)

Exit Zone: ₹760–₹820 (partial profit booking), ₹860+ (final target if breakout sustains)

🔍 Summary

Trend: Reversing upward

Momentum: Strong bullish

Bias: Buy on dips

Short-Term Strategy: Accumulate near ₹695–₹710 with breakout confirmation above ₹740. Target ₹760–₹860 over the next few weeks.

Let me know if you'd like a swing trade setup or visual chart overlay based on this!

Edit in a page