Tata Steel presents a compelling buy-side technical rationale as it bounces off strong support near the 50-DEMA (~₹168) with bullish crossover of shorter EMAs (10/20) above key 200-DEMA, confirmed by MACD turning positive on daily/weekly charts alongside RSI rebounding from oversold 35 towards neutral territory amid metals sector recovery. Volume surge validates accumulation above pivot ₹195 with higher low formation intact, while Bollinger Bands expansion signals breakout potential targeting immediate resistance at ₹200-205 (4-6% upside) ahead of China PMI catalyst.Warning-
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