Tata Motors Weekly Outlook and Analysis:
For the Week: (July 31, 2023 – August 04, 2023)
Tata Motors closed the previous week on a negative note losing 5.88%
Technically, Tata Motors share price will see immediate support at 619.23 and immediate resistance would be seen at 658.38
If Tata Motors share price closes below immediate support of 619.23, then sharp breakdown can be seen. Tata Motors share price will see major support at 603.17 for the week.
On the positive side, immediate resistance will be seen at 658.38. Closing above 658.38, Tata Motors share price will see a sharp breakout. Major resistance for Tata Motors share price will be seen at 681.47 for the week.
Trading range for Tata Motors share price for this week should be between 580.08 on down side and 697.53 on up side.
Tata Motors Previous Week High: 665.4
Tata Motors Previous Week Low: 626.25
Tata Motors Previous Week Range: 39.15 Points
Tata Motors share price support and resistance for the week (July 31, 2023 – August 04, 2023)
Level Type | Value |
---|---|
Resistance 3 | 697.53 |
Resistance 2 | 681.47 |
Resistance 1 | 658.38 |
Support 1 | 619.23 |
Support 2 | 603.17 |
Support 3 | 580.08 |