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MARKET OUTLOOKSTOCK OUTLOOKTATACHEM

Tata Chemicals Outlook for the Week (May 20, 2024 – May 24, 2024)

Tata Chemicals
Tata Chemicals
Tata Chemicals closed the previous week on a negative note losing 6.61%.

Technically, Tata Chemicals share price will see immediate support at 1,042.68 and immediate resistance would be seen at 1,115.73.

If Tata Chemicals share price closes below immediate support of 1,042.68, then sharp breakdown can be seen. Tata Chemicals share price will see major support at 1,000.92 for the week.

On the positive side, immediate resistance will be seen at 1,115.73. Closing above 1,115.73, Tata Chemicals share price will see a sharp breakout. Major resistance for Tata Chemicals share price will be seen at 1,147.02 for the week.

Trading range for Tata Chemicals share price for this week should be between 969.63 on down side and 1,188.78 on up side.

Tata Chemicals Previous Week High: 1105.25

Tata Chemicals Previous Week Low: 1032.2

Tata Chemicals Previous Week Range: 73.05 Points

Tata Chemicals share price support and resistance for the week (May 20, 2024 – May 24, 2024)

Level Type Value
Resistance 3 1,188.78
Resistance 2 1,147.02
Resistance 1 1,115.73
Support 1 1,042.68
Support 2 1,000.92
Support 3 969.63
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