One Target One SL



Last updated : 09 May 2021

Tata Steel stock belong to Steel sector. NSE Code of Tata Steel is Tatasteel. BSE Code for Tata Steel is 500470. Face value of Tata Steel is Rs. 10. Tata Steel is available for Future and Options trading. Lot size for Tata Steel Future is 850. (Time to time lot size changed by exchange, so please check it once before taking any action).


09 May 2021: Tatasteel support level at 1150-1151, if any fall we will see in market then Tata steel may come down to 1150-1152 level, it is one of good support, if stock break 1150 then further downside up to 1133 / 1113 level we can see. If stock cross 1187-1188 level again and market seems positive, then stock may touch or cross 1200 level. Stock in overbought zone, if someone want to invest for long term then he/she should wait for a correction. Above view only for educational purpose.

13 April 2020 : Tatasteel on 13th April, as broken 280 made low 273.85. For Wednesday, it looks now stock having good support at 270-275 level, but for short term target 308 with stop loss 273.

10 April 2020 : Tatasteel support level 280 for Monday, 13 April 2020. Resistance around 289. Below 280 sell with stop loss 290 for target 275/270. Above 289 , buy with stop loss 280 for target 295/302.

01 June 2019 : Tata steel closed at 488.30 (31 May 2019 closing). After last month fall, stock recovered to 518.45 from low 455.15 (16 May 2019). As per chart Tata steel support around 469-470 and resistance at 508-510. Once stock break these level, we will see further upside or downside. If you trade in Tata Steel Future, then always hedge your position with proper options.

11 May 2019 : Tata steel down more than 6% yesterday and closed at 486.80. Stock down to day low 479.05 from day high 525.75 when news came that join venture with Thyssenkrupp may fail. In yesterday trade Tata Steel broken important support level of 500-504 and after that we have seen more selling in this counter. Tatasteel Future made low 480.45 and closed at 487.30. Morning Tata Steel Future made high 528. Tatasteel 460 put which was trading around 1.60-1.80, 2-3 days back made high 13.75. Tatasteel 500 call down to 13.25 from day high 35.50. For coming days, one should watch this stock atleast for one to two trading session, if there is no positive news come then stock may go down more as technically stock weak now. Or till stock not sustain above 490, avoid buying in this counter.