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MARKET OUTLOOKSTOCK OUTLOOKTATAMOTORS

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

Tata Motors closed the previous week on a negative note losing 6.07%.

Technically, Tata Motors share price will see immediate support at 601.23 and immediate resistance would be seen at 640.83.

If Tata Motors share price closes below immediate support of 601.23, then sharp breakdown can be seen. Tata Motors share price will see major support at 587.47 for the week.

On the positive side, immediate resistance will be seen at 640.83. Closing above 640.83, Tata Motors share price will see a sharp breakout. Major resistance for Tata Motors share price will be seen at 666.67 for the week.

Trading range for Tata Motors share price for this week should be between 561.63 on down side and 680.43 on up side.

Tata Motors Previous Week High: 652.9

Tata Motors Previous Week Low: 613.3

Tata Motors Previous Week Range: 39.6 Points

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

Level Type Value
Resistance 3 680.43
Resistance 2 666.67
Resistance 1 640.83
Support 1 601.23
Support 2 587.47
Support 3 561.63

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