"Whoa, this stock’s been on a rocket ride—no news, but the charts are whispering FOMO! 🚀 WMAs are stacking bullish, RSI flirting with overbought (67.5—hot but not melting yet), and volume’s juicing up on upticks. Intraday action shows buyers stepping in at dips like it’s Black Friday. No headlines? No problem—momentum’s the story here. BUY before the crowd catches on. #StealthModeBull"

The stock shows a bullish trend, with the price holding above both the 10-day and 50-day EMAs, suggesting strong upward momentum. However, the RSI is extremely overbought (above 104), signaling potential exhaustion or a pullback—especially as volume dipped slightly on the latest upswing. Intraday action reveals some consolidation near highs, so watch for a breakout above $155 or a retreat to test support around $154.  

(Note: An RSI above 100 is highly unusual and may indicate a data error or extreme volatility; in practice, RSI rarely exceeds 80.)

Tata Steel Limited manufactures and distributes steel products in India and internationally. It operates in Tata Steel India, Tata Steel Long Products, Other Indian Operations, Tata Steel Europe, Other Trade Related Operations, South-East Asian operations, and Rest of the World segments. The company offers hot-rolled (HR) and cold-rolled (CR) coated steel coils and sheets, precision tubes, tire bead wires, spring wires, and bearings, as well as auto ancillaries for the automotive market; and galvanized iron wires, agriculture and garden tools, and conveyance tubes, as well as fencing, farming, and irrigation equipment for the agriculture market. It also provides rebars, steel doors and windows, roofing sheets, plumbing pipes, tubes, prefabricated houses, water kiosks, modular toilets, office cabins, rooftop houses, EV charging stations, rebars and corrosion-resistance steels, cut and bend bars, PC strands, and ground granulated blast furnace slags for individual house builders, corporate and government bodies, infrastructure companies, and housing and commercial customers in the construction market. In addition, the company offers CR, coated, HR, tube, wire rod, ferro chrome and manganese, boiler tube, pipes, ferroshot, blast furnace slag, coal tar, and metallic coated coil and sheet products for use in panels and appliances, fabrication and capital goods, furniture, Liquid Petroleum Gas cylinders, solar, heavy vehicles, consumer and industrial packaging, and welding applications, as well as the process industries, such as cement, power, and steel in the industrial and general engineering markets. The company was incorporated in 1907 and is based in Mumbai, India.

Tata Steel Limited TATASTEEL.NS: 154.48 INR

Bullish views