Tata Steel Ltd Hourly Chart Trend AnalysisTata Steel Outlook:
The chart suggests a potential bearish reversal is forming. After peaking around Dec 17 and Dec 23, the stock has been unable to sustain momentum above ₹182. The annotation warns of "bearish momentum post Dec 23", and current price action is confirming this view with lower highs forming into early January 2026.
Trading Strategy
Bearish Scenario (Higher Probability):
Failure to reclaim ₹182 could lead to continued weakness
Targets toward ₹160-162 zones by early January
Break of the rising trendline would confirm bearish structure
Bullish Scenario:
Sustained breakout above ₹182-184 needed to invalidate bearish thesis
Only a decisive close above resistance would suggest trend continuation
Risk Management: Traders should watch the Dec 23 high carefully - inability to reclaim this level strengthens the bearish case.
Traders are suggested to conduct own technical study before taking trades with proper risk management.
Tatasteeltechnicalanalysis
Bullish Momentum: TATASTEEL (CMP 115) Surges Above Key IndicatorReasons to Buy TATASTEEL (CMP 115) with Short-Term Targets at 118/120 and 123:
Strong Technical Indicators: TATASTEEL is currently trading above all major moving averages (MA's), indicating a positive trend. This signifies a bullish sentiment in the market and suggests a potential upward movement in the stock's price.
Positive MACD: The Moving Average Convergence Divergence (MACD) indicator is also showing a positive signal. A positive MACD suggests that the stock's momentum is shifting in favor of the buyers, indicating a potential uptrend.
Favorable Standard Deviation: The stock's standard deviation is in a positive range, indicating that the price has been consistently moving above its average value. This implies that the stock is experiencing volatility, which can provide trading opportunities for short-term gains.
Short-Term Price Targets: Based on the analysis of the technical indicators and market conditions, a short-term price target of 118/120 and 123 can be set. These levels represent potential resistance levels where the stock's price may encounter selling pressure. Investors can take advantage of these targets by buying at the current price of 115, aiming for potential gains.
Strict Stop-Loss: It is crucial to set a stop-loss below 113 on a closing basis to mitigate potential risks. This level acts as a safety net, protecting against significant losses in case the trade does not go as anticipated. $TATASTEEL.NSE #STOCKTOBUY
TATA STEEL www.tatasteel.com
India's largest steel co.
Tata group's second largest followed by tata motor ( JLR owner) and just behind leading IT giant TCS
Net Sales grown 16.56% annually and Operating profit at 51.09%
Low debt <20%, Commands high brand value
Presence pan India, Europe, South asia and only expanding.
Steel applications- Agriculture, automotive, engineering , construction, consumers goods etc
Fundamentals-
Its 2022, War is on in russia, west plays the sanction game, the world seeks for alternate players to supply.
India stands to gain.
If china moves next on taiwan, the game only accelerates for indian players, being a diplomatic ally of all with ease of trade and geographical advantage
Inflations at ath, commodities to only get expensive, oil trades on $118 on date, aiming 2008 recession levels.
READY FOR COMMODITY SUPER CYCLE ?
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Short term 1950
long term- 5 years, 5x multiple
Macro view -




