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MARKET OUTLOOKSTOCK OUTLOOKTATAMOTORS

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

Tata Motors
Tata Motors
Tata Motors closed the previous week on a negative note losing 4.42%.

Technically, Tata Motors share price will see immediate support at 599.53 and immediate resistance would be seen at 627.03.

If Tata Motors share price closes below immediate support of 599.53, then sharp breakdown can be seen. Tata Motors share price will see major support at 583.27 for the week.

On the positive side, immediate resistance will be seen at 627.03. Closing above 627.03, Tata Motors share price will see a sharp breakout. Major resistance for Tata Motors share price will be seen at 638.27 for the week.

Trading range for Tata Motors share price for this week should be between 572.03 on down side and 654.53 on up side.

Tata Motors Previous Week High: 622

Tata Motors Previous Week Low: 594.5

Tata Motors Previous Week Range: 27.5 Points

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

Level Type Value
Resistance 3 654.53
Resistance 2 638.27
Resistance 1 627.03
Support 1 599.53
Support 2 583.27
Support 3 572.03

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