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Tatasteel

Tata Steel – Multi-Year Base Breakout Setting UpThesis Tata Steel is testing a major resistance zone around ₹169 after consolidating in a wide range (115–170) for nearly 2 years. A decisive breakout here would mark the completion of a multi-year rounding base, opening the path to higher levels. Technical Setup Structure: Multi-year consolidation / rounding base since mid-2023 Breakout Level: ₹169 (tested repeatedly) Primary Target: ₹185–190 (nearest supply zone) Extended Target: ₹210–215 (measured move of base depth) RSI: ~63, rising but not overbought Volume: Needs strong confirmation to validate breakout Invalidation: Breakdown below ₹160 Fundamental Context Recent quarters show earnings recovery from cost control and safeguard duties. Valuations elevated (P/E ~46–51×), margins thin, leverage moderate. Interpretation: Fundamentals are mixed, but cyclical tailwinds and government protection provide near-term support. Disclaimer For educational purposes only. Not investment advice.
NSE:TATASTEELLong
by eggubonda
4
AMZN 2Hour Time frameAMZN 2-Hour Snapshot Current Price: $238.24 USD Change: +1.02% from the previous close Intraday High: Not available Intraday Low: Not available 🔎 Technical Indicators Relative Strength Index (RSI): Neutral Moving Averages: 5-period MA: Not available 10-period MA: Not available 20-period MA: Not available 50-period MA: Not available 📈 Market Sentiment Pivot Points: Resistance: Not available Support: Not available 📅 Outlook Bullish Scenario: A breakout above the current price could lead to further gains. Bearish Scenario: A drop below the current price may test support levels. Overall Bias: Neutral, with mixed signals from moving averages and momentum indicators.
NASDAQ:AMZNLong
by TitanMarkets
TATASTEEL LTD 240 MINS TIME FRAME - MY VIEW ONLYThe Structure looks good to us, waiting for this instrument to correct and then give us these opportunities as shown on this instrument (Price Chart). Note: Its my view only and its for educational purpose only. Only who has got knowledge about this strategy, will understand what to be done on this setup. its purely based on my technical analysis only (strategies). we don't focus on the short term moves, we look for only for Bullish or Bearish Impulsive moves on the setups after a good price action is formed as per the strategy. we never get into corrective moves. because it will test our patience and also it will be a bullish or a bearish trap. and try trade the big moves. We do not get into bullish or bearish traps. We anticipate and get into only big bullish or bearish moves (Impulsive Moves). Just ride the Bullish or Bearish Impulsive Move. Learn & Know the Complete Market Cycle. Buy Low and Sell High Concept. Buy at Cheaper Price and Sell at Expensive Price. Please keep your comments useful & respectful. Keep it simple, keep it Unique. Thanks for your support Tradelikemee Academy Saanjayy K G
NSE:TATASTEELLong
by Tradelikemee
TATASTEEL - Tata Steel LTD (2 hours chart, NSE) - Long PositionTATASTEEL - Tata Steel LTD (2 hours chart, NSE) - Long Position; short-term research idea. Risk assessment: High {volume & support structure integrity risk} Risk/Reward ratio ~ 3.25 Current Market Price (CMP) ~ 154 Entry limit ~ 153 1. Target limit ~ 158 (+3.27%; +5 points) 2.⁠ ⁠Target limit ~ 161 (+5.23%; +8 points) 3.⁠ ⁠Target limit ~ 166 (+8.50%; +13 points) Stop order limit ~ 149 (-2.61%; -4 point) Disclaimer: Investments in securities markets are subject to market risks. All information presented in this group is strictly for reference and personal study purposes only and is not a recommendation and/or a solicitation to act upon under any interpretation of the letter. LEGEND: {curly brackets} = observation notes = important updates (parentheses) = information details ~ tilde/approximation = variable value -hyphen = fixed value
NSE:TATASTEELLong
by VEDIMarketWatch
Tata Steel Ltd Stock Review 2024: Financial Insights & TechnicalTATASTEEL Financial Insights: Tata Steel Ltd’s Current Market Position Understanding Tata Steel's financial metrics can help you evaluate the stock’s true value and growth potential. Let’s dive into some key figures: Market Capitalization: ₹2,00,560 Cr Tata Steel remains one of the largest companies in India by market cap, showing its dominance in the steel sector. Current Stock Price: ₹161 As of today, Tata Steel is trading at ₹161, positioning itself in the middle of its 52-week range. 52-Week High / Low: ₹185 / ₹114 The stock has experienced significant volatility over the past year, with a high of ₹185 and a low of ₹114. Price-to-Earnings (P/E) Ratio: 124 A high P/E ratio suggests that Tata Steel is trading at a premium based on its current earnings, which could either point to growth expectations or an overvalued stock. Book Value: ₹73.7 This figure represents Tata Steel's per-share value if it were liquidated today. Dividend Yield: 2.24% Tata Steel offers a solid dividend yield, making it attractive to investors looking for both growth and income. Return on Capital Employed (ROCE): 7.02% ROCE shows how efficiently the company is using its capital to generate profits, and Tata Steel's 7.02% is moderate. Return on Equity (ROE): 6.55% ROE reflects the company’s ability to generate profit from shareholder investments, which in this case is slightly below the industry average. Promoter Holding: 33.2% The promoters of Tata Steel hold a significant 33.2% stake, reflecting their confidence in the company’s long-term potential. Pledged Shares: 0.00% None of the promoter's shares are pledged, which is a sign of financial strength. Technical Analysis: Key Price Levels to Watch in Tata Steel Ltd For those employing technical analysis, Tata Steel presents several key price levels to monitor. While these are not buy/sell recommendations, they can help traders and analysts gauge the stock’s momentum. Price Expectation for Upside: If Tata Steel’s price breaks above the ₹163 range, it could signal a potential upward movement, driven by renewed market interest. Support Level: A crucial support level exists around ₹83, which has historically acted as a base for the stock. Swing Trading Targets: Traders could look at ₹212, ₹234, ₹291, and ₹363+ as potential target levels for swing trading based on market momentum and technical signals. Tata Steel Ltd: Is It a Good Investment for 2024? Tata Steel offers a mix of opportunities for both long-term investors and short-term traders. Its market cap and dividend yield make it attractive for those looking for stable investments, while its high P/E ratio suggests that future growth expectations are already priced in. From a technical perspective, the stock presents potential upward momentum beyond ₹163, making it interesting for swing traders. That said, it’s crucial to remain cautious, as the steel industry is sensitive to global economic cycles and commodity price fluctuations. Conduct thorough research and consult financial experts before making any investment decisions. Conclusion: Tata Steel Ltd – A Stock with Strong Potential but Risks to Consider Tata Steel Ltd continues to hold a prominent place in the Indian stock market, with solid financial fundamentals and promising technical levels for traders. For investors, the company’s consistent dividends and market dominance are strong positives. However, the high valuation and moderate returns might prompt some caution. Disclaimer: This blog post is for informational purposes only and does not constitute financial advice. Please consult with a qualified financial advisor before making any investment decisions.
NSE:TATASTEEL
by Kaviarasu_Chandrasekar