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Umang Bhutada

9th Jul · SEBI-Registered Analyst

TATA STEEL

Tata Steel – Momentum Watch

TATASTEEL
Important Levels: Support: ₹178 – ₹172 Resistance: ₹190 – ₹198 Structure: Watch for strength after recent market volatility Business: One of India's largest integrated steel producers Strong domestic and European presence Beneficiary of infrastructure, manufacturing and construction demand Earnings / Trigger: Tata Steel is in focus today after reporting an 11% increase in crude steel production, providing a positive operational trigger. Verdict: 👉 Strong metals-sector candidate 👉 Watch for sustained momentum and volume confirmation

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