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MARKET OUTLOOKSTOCK OUTLOOKTATASTEEL

Tata Steel Outlook for the Week (September 25, 2023 – September 29, 2023)

Tata Steel
Tata Steel
Tata Steel closed the previous week on a negative note losing 7.04%.

Technically, Tata Steel share price will see immediate support at 123.17 and immediate resistance would be seen at 132.67.

If Tata Steel share price closes below immediate support of 123.17, then sharp breakdown can be seen. Tata Steel share price will see major support at 119.58 for the week.

On the positive side, immediate resistance will be seen at 132.67. Closing above 132.67, Tata Steel share price will see a sharp breakout. Major resistance for Tata Steel share price will be seen at 138.58 for the week.

Trading range for Tata Steel share price for this week should be between 113.67 on down side and 142.17 on up side.

Tata Steel Previous Week High: 135

Tata Steel Previous Week Low: 125.5

Tata Steel Previous Week Range: 9.5 Points

Tata Steel share price support and resistance for the week (September 25, 2023 – September 29, 2023)

Level Type Value
Resistance 3 142.17
Resistance 2 138.58
Resistance 1 132.67
Support 1 123.17
Support 2 119.58
Support 3 113.67

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