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MARKET OUTLOOKSTOCK OUTLOOKTATAMOTORS

Tata Motors Outlook for the Week (February 19, 2024 – February 23, 2024)

Tata Motors
Tata Motors
Tata Motors closed the previous week on a negative note losing 5.78%.

Technically, Tata Motors share price will see immediate support at 905.47 and immediate resistance would be seen at 960.27.

If Tata Motors share price closes below immediate support of 905.47, then sharp breakdown can be seen. Tata Motors share price will see major support at 872.33 for the week.

On the positive side, immediate resistance will be seen at 960.27. Closing above 960.27, Tata Motors share price will see a sharp breakout. Major resistance for Tata Motors share price will be seen at 981.93 for the week.

Trading range for Tata Motors share price for this week should be between 850.67 on down side and 1,015.07 on up side.

Tata Motors Previous Week High: 948.8

Tata Motors Previous Week Low: 894

Tata Motors Previous Week Range: 54.8 Points

Tata Motors share price support and resistance for the week (February 19, 2024 – February 23, 2024)

Level Type Value
Resistance 3 1,015.07
Resistance 2 981.93
Resistance 1 960.27
Support 1 905.47
Support 2 872.33
Support 3 850.67
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