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MARKET OUTLOOKSTOCK OUTLOOKTATAPOWER

Tata Power Outlook for the Week (January 01, 2024 – January 05, 2024)

Tata Power
Tata Power
Tata Power closed the previous week on a negative note losing 4.27%.

Technically, Tata Power share price will see immediate support at 323.87 and immediate resistance would be seen at 338.22.

If Tata Power share price closes below immediate support of 323.87, then sharp breakdown can be seen. Tata Power share price will see major support at 315.58 for the week.

On the positive side, immediate resistance will be seen at 338.22. Closing above 338.22, Tata Power share price will see a sharp breakout. Major resistance for Tata Power share price will be seen at 344.28 for the week.

Trading range for Tata Power share price for this week should be between 309.52 on down side and 352.57 on up side.

Tata Power Previous Week High: 336

Tata Power Previous Week Low: 321.65

Tata Power Previous Week Range: 14.35 Points

Tata Power share price support and resistance for the week (January 01, 2024 – January 05, 2024)

Level Type Value
Resistance 3 352.57
Resistance 2 344.28
Resistance 1 338.22
Support 1 323.87
Support 2 315.58
Support 3 309.52
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{"buy_point":[],"sell_point":[{"en_ltd":"2023-12-20","en_sup_p_91":"327.23","en_sup_t_91":"344.61","prev_close":"335.90","en_close":"320.15","new_date":"Dec 20","prev_close_no":335}]}

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