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By EquityPandit

MARKET OUTLOOKSTOCK OUTLOOKTATACONSUM

Tata Consumer Outlook for the Week (August 21, 2023 – August 25, 2023)

Tata Consumer
Tata Consumer
Tata Consumer closed the previous week on a negative note losing 2.27%.

Technically, Tata Consumer share price will see immediate support at 831.82 and immediate resistance would be seen at 851.12.

If Tata Consumer share price closes below immediate support of 831.82, then sharp breakdown can be seen. Tata Consumer share price will see major support at 821.08 for the week.

890.00890.00880.00880.00870.00870.00860.00860.00850.00850.00840.00840.00830.00830.00820.00820.00Jul 7Jul 7Jul 12Jul 12Jul 17Jul 17Jul 20Jul 20Jul 25Jul 25Jul 28Jul 28Aug 2Aug 2Aug 7Aug 7Aug 10Aug 10Aug 16Aug 16Reversal Level 853.43BuyBuySellSell

On the positive side, immediate resistance will be seen at 851.12. Closing above 851.12, Tata Consumer share price will see a sharp breakout. Major resistance for Tata Consumer share price will be seen at 859.68 for the week.

Trading range for Tata Consumer share price for this week should be between 812.52 on down side and 870.42 on up side.

Tata Consumer Previous Week High: 848.95

Tata Consumer Previous Week Low: 829.65

Tata Consumer Previous Week Range: 19.3 Points

Tata Consumer share price support and resistance for the week (August 21, 2023 – August 25, 2023)

Level Type Value
Resistance 3 870.42
Resistance 2 859.68
Resistance 1 851.12
Support 1 831.82
Support 2 821.08
Support 3 812.52

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