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By EquityPandit

MARKET OUTLOOKSTOCK OUTLOOKTATACHEM

Tata Chemicals Outlook for the Week (August 14, 2023 – August 18, 2023)

Tata Chemicals closed the previous week on a negative note losing 7.02%.

Technically, Tata Chemicals share price will see immediate support at 974.73 and immediate resistance would be seen at 1,049.33.

If Tata Chemicals share price closes below immediate support of 974.73, then sharp breakdown can be seen. Tata Chemicals share price will see major support at 943.77 for the week.

1100.001100.001080.001080.001060.001060.001040.001040.001020.001020.001000.001000.00980.00980.00960.00960.00Jul 3Jul 3Jul 6Jul 6Jul 11Jul 11Jul 14Jul 14Jul 19Jul 19Jul 24Jul 24Jul 27Jul 27Aug 1Aug 1Aug 4Aug 4Aug 9Aug 9Reversal Level 1026.30BuySellSell

On the positive side, immediate resistance will be seen at 1,049.33. Closing above 1,049.33, Tata Chemicals share price will see a sharp breakout. Major resistance for Tata Chemicals share price will be seen at 1,092.97 for the week.

Trading range for Tata Chemicals share price for this week should be between 900.13 on down side and 1,123.93 on up side.

Tata Chemicals Previous Week High: 1062

Tata Chemicals Previous Week Low: 987.4

Tata Chemicals Previous Week Range: 74.6 Points

Tata Chemicals share price support and resistance for the week (August 14, 2023 – August 18, 2023)

Level Type Value
Resistance 3 1,123.93
Resistance 2 1,092.97
Resistance 1 1,049.33
Support 1 974.73
Support 2 943.77
Support 3 900.13

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