Technical Outlook of

TATASTEEL

is currently showing a bullish momentum in both daily and weekly charts. On the daily chart, the stock has recently given a golden crossover (9 EMA crossing above 100 and 70 EMA), supported by rising volumes, indicating strong buying interest. The RSI on the daily timeframe is at 61.91, suggesting bullish strength but not yet overbought. The price has broken above the key moving averages (144.76, 141.98, 139.77) and is now hovering just below the major resistance zone at ₹155.28. A decisive breakout above ₹155.28 can open the path toward ₹160 and ₹169 at the next major resistance. On the weekly chart, the stock has formed a strong bullish candle with a 5.75% gain, and RSI stands at 55.48, signaling ample room for upside. The weekly price action shows a bounce from the ₹133.19 support and a clean close above all key moving averages (9, 70, and 100), reinforcing bullish bias. In the short term (next 1–3 days), the price may retest ₹155.28 and, if volume supports, break above it. In the coming weeks, if broader market sentiment stays positive, Tata Steel may rally toward ₹160 to ₹169, while ₹144–₹141 will act as immediate support zones in case of any pullback. I have attached the daily chart of for your reference. Disclaimer: This post is for informational purposes only and not a recommendation to buy or sell any securities. I, or my family, associates, or relatives, may have a financial interest in the securities mentioned