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Board Meet Ahead: What's in store for Tata group stocks? Trading view here

Here's why technical analysts at Kotak Securities and Bonanza are bullish on Trent, Tata Steel, Titan and Voltas. Tata Sons board meet on Tuesday, February 24.

Tata group stocks outlook: Analysts hold positive bias on Trent, Titan, Tata Steel and Voltas.
Tata group stocks outlook: Analysts hold positive bias on Trent, Titan, Tata Steel and Voltas. (Photo: Bloomberg)
Rex Cano Mumbai
5 min read Last Updated : Feb 23 2026 | 10:50 AM IST
Shares of Tata group companies are likely to be in the limelight due to the Tata Sons board meet this week on Tuesday, February 24, 2026. According to reports, the renewal of Tata Sons' chairman N Chandrasekaran for a third five-year term may be considered at the board meet.  Tata Trusts chairman Noel Tata and vice-chairman Venu Srinivasan are reportedly keen to renew Chandra's term for another five years.  Apart from Chandra's term-renewal, the board meet may also shed light on the issue of listing of Tata Sons. In September 2022, the Reserve Bank of India (RBI) designated Tata Sons as an upper layer non-banking financial company and mandated its stock market listing within three years. READ MORE  Meanwhile on the bourses, barring Tata Steel and Voltas (both up over 14 per cent each) most of the group shares have witnessed a tepid performance so far in 2026. Tejas Networks has shed 27 per cent, while TCS, Tata Teleservices and Nelco have tumbled over 10 per cent each.  Given this background, how will Tata group stocks fare? Here's what technical analysts at Kotak Securities and Bonanza have to say:  Amol Athawale, VP - Technical Research at Kotak Securities analyzes on Trent, Voltas and Indian Hotels. 

Trent

Current Market Price: ₹4,069 
 
  Post decline from the higher levels, Trent rebounded from its support zone and witnessed a robust recovery. Additionally, on the weekly charts, the stock has given a breakout from its sloping trendline, says Amol Athawale, VP - technical research at Kotak Securities:  "The up moves in the stock suggest a new leg of a bullish trend from the current levels. For the next few trading sessions, ₹3,940 could be the trend decider level for the bulls, if Trent sustains above it, we can expect a further uptrend towards ₹4,370," explains Athawale.

Indian Hotels

Current Market Price: ₹675 
 
  Last week, the stock corrected by over 3.5 percent and also formed a bearish candle on the weekly charts. Technically, after a short-term correction, the stock is currently trading near an important retracement support level, and a strong possibility of a fresh uptrend rally cannot be ruled out from the current levels, highlights the analyst from Kotak Securities.  For traders, the 20-day SMA (Simple Moving Average) or ₹680 will act as a key level to watch. If the stock succeeds in trading above this level, it could move up to the 50-day SMA or ₹700 and ₹715, says Athawale.  On the flip side, the analyst cautions that if Indian Hotels stock falls below ₹660, selling pressure could accelerate, and the stock may hit ₹650 - ₹635 levels. 

Voltas

Current Market Price: ₹1,553 
 
  Athawale flags that on a monthly time frame, Voltas has rallied over 15 percent, holding a positive momentum despite weak market conditions.  The analyst believes that the structure of the chart formation indicates bullish continuation pattern, which is likely to persist in the near term. As long as Voltas trades above ₹1,490, the bullish texture is likely to continue, and the stock could move up to ₹1,650.  Drumil Vithlani, Technical Analyst at Bonanza analyzes Titan, Tata Steel and Tata Communications. 

Titan Company

Current Market Price: ₹4,265 
 
  Titan stock is forming a pattern of higher-highs and higher-lows, confirming a well-established uptrend. The price is trading above all major exponential moving averages — 20, 50, 100, and 200 EMAs — reinforcing both short-term and long-term positivity, says Drumil Vithlani, Technical Analyst at Bonanza.  The analyst sees immediate resistance for Titan near ₹4,380, and strong support around ₹4,125. Vithlani recommends a buy-on-dips strategy, with stop placed below ₹4,125 support. 

Tata Steel

Current Market Price: ₹209 
  "Tata Steel is trading near ₹208 after a strong breakout above the ₹200 resistance, confirming a continuation of the higher-high, higher-low structure. Price is well above the 21, 50, and 200 EMAs, indicating strong bullish momentum," explains Vithlani.  The analyst reckons that the trendline support around ₹190–₹192 remains crucial for shortterm structure. RSI near 63 suggests bullish strength but slightly overbought conditions, so minor pullbacks are possible. Volume expansion during the breakout supports upside continuation. If sustained above 200, the next upside targets are 220 and 230. A close below 190 may weaken short-term momentum and trigger profit booking. 

Tata Communications

Current Market Price: ₹1,665 
 
  The analyst from Bonanza highlights that Tata Communications is in a clear downtrend, forming lower-highs and lower-lows, reflecting sustained selling pressure. Further, the stock is trading below its major short-term exponential moving averages, reinforcing the prevailing bearish structure.  "Immediate resistance is placed at ₹1,725, while a breakdown below ₹1,625 could trigger further selling pressure toward the ₹1,525 support zone. Fresh positions are currently advised to be avoided until clear reversal signals emerge," cautions Vithlani.  Disclaimer: The views expressed by the brokerage/ analyst in this article are their own and not those of the website or its management. Business Standard advises users to check with certified experts before taking any investment decisions. 

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Topics :Market technicalsstocks technical analysisTrading strategiesStocks to buyStock RecommendationsStock ideasTata group stocksTata SteelTitan CompanyTrent LtdVoltasTata Communicationstechnical analysistechnical chartsIndian Hotels Company

First Published: Feb 23 2026 | 10:49 AM IST

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