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Technicals for Tata Steel Limited
By MusingTheNews
2025-10-17 20:58
Overall Technical outlook
Price Summary
On 2025-10-17, Tata Steel Limited's stock opened at 173.6, peaked at 174.31, hit a low of 170.99, and closed -0.79% lower at 172.22, with 21637892 shares changing hands. Over the previous 52 weeks, the stock reached a high of 176.42 and a low of 122.93. The expected price range is between 135.0 and 200.0, with a mean anticipated price of 167.36667, according to 30 analysts.
Technicals
Support and Resistance: The price sits at 172.22, supported by 165.91 and resisted by 172.66. This indicates a trading range where 165.91 provides a floor, preventing declines, and 172.66 acts as a ceiling, limiting further price increases for TATASTEEL. Support/Resistance for TATASTEEL
Aroon: The current reading of the AROON indicator suggests a neutral stance, with no clear signals indicating an upward or downward direction. This lack of directional bias suggests the market may be in a period of consolidation or uncertainty. Aroon chart for Tata Steel Limited
Bol. Bands: The current reading of the BOLL BANDS indicator suggests a neutral stance, with no clear signals indicating an upward or downward direction. This lack of directional bias suggests the market may be in a period of consolidation or uncertainty. Bolinger Bands chart for Tata Steel Limited
Parabolic SAR: The PSAR remains bullish, establishing a key support level that could help uphold the market's upward trajectory. This persistent bullish outlook suggests that the market may continue to rise, with the support providing a foundation for further gains. Parabolic Stop and Reverse chart for Tata Steel Limited
Stochastic: The STOCHASTIC is showing a neutral stance, not indicating a clear upward or downward trend for Tata Steel Limited. This suggests a period of market balance, where neither side is showing dominance. Stochastic chart for Tata Steel Limited
Tripple Moving Agerage: The 20, 50, and 100 moving averages are currently aligned in a bearish pattern, indicating a downtrend. However, the slopes of the 20 and 50 SMAs are showing signs of wavering, suggesting that the bearish momentum for TATASTEEL may be fading. This could signal a potential shift towards bullish price action, as the market's downward trajectory begins to lose strength and prepares for a possible reversal. Tripple SMA chart for Tata Steel Limited
A thorough analysis of a company involves looking beyond its stock price movements and trading patterns. You must also examine its fundamentals, which include profitability, growth prospects, and competitive advantages. Additionally, the industry in which the company operates provides important context, as factors like technological innovations, regulation, and market demand influence performance. By integrating this information with technical analysis, more accurate predictions about the company's future can be made.
DISCLAIMER: We provide information and our musings based on events, but nothing on this site can be considered professional advice of any kind.
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