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By EquityPandit

MARKET OUTLOOKSTOCK OUTLOOKTATACONSUM

Tata Consumer Outlook for the Week (August 07, 2023 – August 11, 2023)

Tata Consumer closed the previous week on a negative note losing 3.59%.

Technically, Tata Consumer share price will see immediate support at 823.63 and immediate resistance would be seen at 854.63.

If Tata Consumer share price closes below immediate support of 823.63, then sharp breakdown can be seen. Tata Consumer share price will see major support at 812.47 for the week.

890.00890.00880.00880.00870.00870.00860.00860.00850.00850.00840.00840.00830.00830.00820.00820.00Jun 23Jun 23Jun 28Jun 28Jul 4Jul 4Jul 7Jul 7Jul 12Jul 12Jul 17Jul 17Jul 20Jul 20Jul 25Jul 25Jul 28Jul 28Aug 2Aug 2Reversal Level 852.05BuyBuyBuySellSell

On the positive side, immediate resistance will be seen at 854.63. Closing above 854.63, Tata Consumer share price will see a sharp breakout. Major resistance for Tata Consumer share price will be seen at 874.47 for the week.

Trading range for Tata Consumer share price for this week should be between 792.63 on down side and 885.63 on up side.

Tata Consumer Previous Week High: 863.3

Tata Consumer Previous Week Low: 832.3

Tata Consumer Previous Week Range: 31 Points

Tata Consumer share price support and resistance for the week (August 07, 2023 – August 11, 2023)

Level Type Value
Resistance 3 885.63
Resistance 2 874.47
Resistance 1 854.63
Support 1 823.63
Support 2 812.47
Support 3 792.63

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