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MARKET OUTLOOKSTOCK OUTLOOKTATAMOTORS

Tata Motors Outlook for the Week (January 01, 2024 – January 05, 2024)

Tata Motors
Tata Motors
Tata Motors closed the previous week on a negative note losing 10.75%.

Technically, Tata Motors share price will see immediate support at 730.07 and immediate resistance would be seen at 816.37.

If Tata Motors share price closes below immediate support of 730.07, then sharp breakdown can be seen. Tata Motors share price will see major support at 680.18 for the week.

On the positive side, immediate resistance will be seen at 816.37. Closing above 816.37, Tata Motors share price will see a sharp breakout. Major resistance for Tata Motors share price will be seen at 852.78 for the week.

Trading range for Tata Motors share price for this week should be between 643.77 on down side and 902.67 on up side.

Tata Motors Previous Week High: 802.9

Tata Motors Previous Week Low: 716.6

Tata Motors Previous Week Range: 86.3 Points

Tata Motors share price support and resistance for the week (January 01, 2024 – January 05, 2024)

Level Type Value
Resistance 3 902.67
Resistance 2 852.78
Resistance 1 816.37
Support 1 730.07
Support 2 680.18
Support 3 643.77
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