Tata Steel Share Price | Tata Steel share in focus, indications on share chart, expert gives important advice – NSE: TATASTEEL
Tata Steel Share Price | There was flat trading in the stock market on Tuesday 24th December. Meanwhile, the end of 2024 has been negative for the stock market. Stock market Nifty lost the level of 26277 and is currently trading in the range of 23750. Therefore 2025 is going to be a very important year for the stock market. Trump is about to come to power in America and the new policies of his government will be very important for the domestic stock market. Meanwhile, the brokerage firm gave important signals regarding the shares of Tata Steel Company. (Tata Steel Company excerpt)
Current status of Tata Steel share
Tata Steel shares were trading at Rs 140.90, down 0.57 per cent on Tuesday, December 24, 2024. Tata Steel Ltd share hits 52-week high of Rs. 184.60, while the stock was priced at Rs. There was a 52-week low of 128.20. The total market cap of Tata Steel Limited currently stands at Rs 1,75,706 crore.
Arihant Capital Broking Firm – Advice on Tata Steel Shares
Arihant Capital broking firm has given SELL call for Tata Steel Limited Company shares. Arihant Capital Broking firm has given a target price of Rs 124 to Rs 116 for Tata Steel Limited Company shares. According to Arihant Capital broking firm, Tata Steel shares may fall from Rs 140.90 to Rs 124-116.
Arihant Capital Broking Firm – Tata Steel Daily Chart
According to Arihant Capital broking firm, Lower Top Lower Bottom formation signals are visible on the daily chart of Tata Steel Limited Company. Apart from this, the momentum indicator RSI of Tata Steel is giving negative signals. Shares of Tata Steel Company are also performing poorly compared to the benchmark indices. Arihant Capital brokerage said the downtrend in Tata Steel shares will continue as indicated on the daily chart of Tata Steel. This means that Tata Steel shares may fall between Rs 124 to Rs 116 in the coming weeks. Therefore, Arihant Capital Brokerage has advised that Tata Steel shares should be SELL at the current level.
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