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By EquityPandit

MARKET OUTLOOKSTOCK OUTLOOKTATACONSUM

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

Tata Consumer
Tata Consumer
Tata Consumer closed the previous week on a negative note losing 4.22%.

Technically, Tata Consumer share price will see immediate support at 1,066.62 and immediate resistance would be seen at 1,113.17.

If Tata Consumer share price closes below immediate support of 1,066.62, then sharp breakdown can be seen. Tata Consumer share price will see major support at 1,038.03 for the week.

1180.001180.001160.001160.001140.001140.001120.001120.001100.001100.001080.001080.001060.001060.001040.001040.00Apr 3Apr 3Apr 8Apr 8Apr 12Apr 12Apr 18Apr 18Apr 23Apr 23Apr 26Apr 26May 2May 2May 7May 7May 10May 10May 15May 15Reversal Level 1101.84Sell

On the positive side, immediate resistance will be seen at 1,113.17. Closing above 1,113.17, Tata Consumer share price will see a sharp breakout. Major resistance for Tata Consumer share price will be seen at 1,131.13 for the week.

Trading range for Tata Consumer share price for this week should be between 1,020.07 on down side and 1,159.72 on up side.

Tata Consumer Previous Week High: 1102.55

Tata Consumer Previous Week Low: 1056

Tata Consumer Previous Week Range: 46.55 Points

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

Level Type Value
Resistance 3 1,159.72
Resistance 2 1,131.13
Resistance 1 1,113.17
Support 1 1,066.62
Support 2 1,038.03
Support 3 1,020.07
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