Signals, Powered By EquityPandit
Tata Motors closed the previous week on a negative note losing 4.25%.
Technically, Tata Motors share price will see immediate support at 992.87 and immediate resistance would be seen at 1,037.07.
If Tata Motors share price closes below immediate support of 992.87, then sharp breakdown can be seen. Tata Motors share price will see major support at 972.33 for the week.
On the positive side, immediate resistance will be seen at 1,037.07. Closing above 1,037.07, Tata Motors share price will see a sharp breakout. Major resistance for Tata Motors share price will be seen at 1,060.73 for the week.
Trading range for Tata Motors share price for this week should be between 948.67 on down side and 1,081.27 on up side.
Tata Motors Previous Week High: 1040.2
Tata Motors Previous Week Low: 996
Tata Motors Previous Week Range: 44.2 Points
Tata Motors share price support and resistance for the week (May 06, 2024 – May 10, 2024)
| Level Type | Value |
|---|---|
| Resistance 3 | 1,081.27 |
| Resistance 2 | 1,060.73 |
| Resistance 1 | 1,037.07 |
| Support 1 | 992.87 |
| Support 2 | 972.33 |
| Support 3 | 948.67 |
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