TATATECH - Technical Analysis

Last Updated Time : 02 Aug 25, 12:58 am

Technical Rating: 2.9

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

📉 Trend Overview

Current Trend: Weak Downtrend / Consolidation

Price is below both 50-DMA (₹719) and 200-DMA (₹796) — bearish structure.

RSI (44.6) — mildly oversold, but not yet a reversal signal.

MACD (-3.66) — negative and diverging, confirming bearish momentum.

Volume: Below 1-week average — declining interest.

📈 Chart Patterns & Indicators

Moving Averages

Price < 50-DMA and 200-DMA → bearish bias.

No signs of crossover recovery.

Bollinger Bands

Price near lower band — suggests oversold conditions, but not a confirmed bounce.

Support Levels

₹695 – ₹700 (near-term support)

₹660 – ₹675 (historical support zone)

Resistance Levels

₹719 (50-DMA)

₹750 – ₹760 (supply zone)

₹796 (200-DMA)

🔍 Momentum Signals

Short-Term Bias: Bearish to Neutral

RSI < 50 and MACD negative — momentum favors downside.

Volume drop suggests lack of conviction from bulls.

Trendline Analysis

Lower highs and lower lows — confirms downtrend.

No breakout or reversal pattern visible.

🎯 Entry & Exit Zones

Action Price Zone (₹) Rationale

Buy Entry ₹660 – ₹675 Near strong support, oversold zone

Exit Target ₹719 – ₹750 Resistance zone and moving averages

Stop Loss ₹645 Below key support

🧠 Summary

TATATECH is currently consolidating with a bearish tilt, trading below key moving averages and showing weak momentum. RSI and MACD confirm lack of strength, and volume trends suggest limited buying interest. Traders may wait for a reversal signal or accumulate near ₹660 with tight risk controls. A close above ₹719 with volume could shift sentiment.

Want to compare this setup with other mid-cap tech stocks or explore sector rotation strategies? I’ve got plenty of insights to help you navigate.

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