Tata Steel share price has bounced back from 52-week lows and the stock has given a bullish breakout recently on the technical charts.

Tata Steel shares opened at Rs 151.56 and touched an intraday high at Rs 154.24 but the stock drifted lower towards the end of the trading session. Tata Steel still managed to close above Rs 150.

Tata Steel share price continued with positive momentum on Monday and the stock touched intraday high at Rs 153.84 by the time of publication of this report.

Tata Steel share price continued with its positive momentum and the stock closed above Rs 150 after a long time.

Tata Steel shares witnessed a bullish breakout with 4.5% gain over previous close. Tata Steel, SAIL and JSW Steel were among major gainers in steel sector.

Steel stocks were trading positive in today's session with Tata Steel and JSW Steel showing bullish signs on technical charts.