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MARKET OUTLOOKSTOCK OUTLOOKTATAMOTORS

Tata Motors Outlook for the Week (January 15, 2024 – January 19, 2024)

Tata Motors
Tata Motors
Tata Motors closed the previous week on a negative note losing 3.79%.

Technically, Tata Motors share price will see immediate support at 796.45 and immediate resistance would be seen at 827.50.

If Tata Motors share price closes below immediate support of 796.45, then sharp breakdown can be seen. Tata Motors share price will see major support at 776.45 for the week.

On the positive side, immediate resistance will be seen at 827.50. Closing above 827.50, Tata Motors share price will see a sharp breakout. Major resistance for Tata Motors share price will be seen at 838.55 for the week.

Trading range for Tata Motors share price for this week should be between 765.40 on down side and 858.55 on up side.

Tata Motors Previous Week High: 818.55

Tata Motors Previous Week Low: 787.5

Tata Motors Previous Week Range: 31.05 Points

Tata Motors share price support and resistance for the week (January 15, 2024 – January 19, 2024)

Level Type Value
Resistance 3 858.55
Resistance 2 838.55
Resistance 1 827.50
Support 1 796.45
Support 2 776.45
Support 3 765.40
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