Is Tata Steel technically bullish or bearish?

Oct 07 2025 08:14 AM IST
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As of October 6, 2025, Tata Steel's technical trend is bullish, supported by strong indicators like a bullish MACD on multiple time frames, despite some mixed signals from the KST and Bollinger Bands.
As of 6 October 2025, the technical trend has changed from mildly bullish to bullish. The current stance is bullish with strong indicators supporting this view. The MACD is bullish on both the weekly and monthly time frames, while the daily moving averages also confirm a bullish trend. Although the KST shows a bullish signal on the weekly but is mildly bearish on the monthly, the overall momentum remains positive. The Bollinger Bands indicate a mildly bullish stance on the weekly, while the monthly is sideways, suggesting some consolidation. The Dow Theory shows a mildly bullish trend on the monthly, adding to the bullish outlook. Despite the recent price action with a close at 169.95, which is below the previous close of 173.20, the overall technical indicators suggest a strong bullish sentiment in the market for Tata Steel.
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