Tata Steel is showing signs of a short-term rally after holding key support at ₹148, with analyst Deepak Pal eyeing a breakout above ₹154. The stock trades near its 14 and 55-day EMAs and could head to ₹161-163 if momentum builds. Fundamentals remain strong with a 13.5% YTD gain, low debt, and a 2-3% dividend yield.