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By EquityPandit

MARKET OUTLOOKSTOCK OUTLOOKTATACONSUM

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

Tata Consumer closed the previous week on a negative note losing 3.90%.

Technically, Tata Consumer share price will see immediate support at 823.20 and immediate resistance would be seen at 856.90.

If Tata Consumer share price closes below immediate support of 823.20, then sharp breakdown can be seen. Tata Consumer share price will see major support at 809.50 for the week.

890.00890.00880.00880.00870.00870.00860.00860.00850.00850.00840.00840.00830.00830.00820.00820.00Jul 3Jul 3Jul 6Jul 6Jul 11Jul 11Jul 14Jul 14Jul 19Jul 19Jul 24Jul 24Jul 27Jul 27Aug 1Aug 1Aug 4Aug 4Aug 9Aug 9Reversal Level 860.00BuyBuySellSellSell

On the positive side, immediate resistance will be seen at 856.90. Closing above 856.90, Tata Consumer share price will see a sharp breakout. Major resistance for Tata Consumer share price will be seen at 876.90 for the week.

Trading range for Tata Consumer share price for this week should be between 789.50 on down side and 890.60 on up side.

Tata Consumer Previous Week High: 863.2

Tata Consumer Previous Week Low: 829.5

Tata Consumer Previous Week Range: 33.7 Points

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

Level Type Value
Resistance 3 890.60
Resistance 2 876.90
Resistance 1 856.90
Support 1 823.20
Support 2 809.50
Support 3 789.50

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