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MARKET OUTLOOKSTOCK OUTLOOKTATAPOWER

Tata Power Outlook for the Week (January 15, 2024 – January 19, 2024)

Tata Power
Tata Power
Tata Power closed the previous week on a negative note losing 6.77%.

Technically, Tata Power share price will see immediate support at 342.78 and immediate resistance would be seen at 367.28.

If Tata Power share price closes below immediate support of 342.78, then sharp breakdown can be seen. Tata Power share price will see major support at 327.82 for the week.

On the positive side, immediate resistance will be seen at 367.28. Closing above 367.28, Tata Power share price will see a sharp breakout. Major resistance for Tata Power share price will be seen at 376.82 for the week.

Trading range for Tata Power share price for this week should be between 318.28 on down side and 391.78 on up side.

Tata Power Previous Week High: 361.85

Tata Power Previous Week Low: 337.35

Tata Power Previous Week Range: 24.5 Points

Tata Power share price support and resistance for the week (January 15, 2024 – January 19, 2024)

Level Type Value
Resistance 3 391.78
Resistance 2 376.82
Resistance 1 367.28
Support 1 342.78
Support 2 327.82
Support 3 318.28
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{"buy_point":[{"en_ltd":"2024-01-04","en_sup_p_91":"334.51","en_sup_t_91":"323.30","prev_close":"326.70","en_close":"337.85","new_date":"Jan 4","prev_close_no":326}],"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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