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MARKET OUTLOOKSTOCK OUTLOOKTATAMOTORS

Tata Motors Outlook for the Week (October 16, 2023 – October 20, 2023)

Tata Motors
Tata Motors
Tata Motors closed the previous week on a negative note losing 8.27%.

Technically, Tata Motors share price will see immediate support at 630.87 and immediate resistance would be seen at 686.17.

If Tata Motors share price closes below immediate support of 630.87, then sharp breakdown can be seen. Tata Motors share price will see major support at 594.63 for the week.

On the positive side, immediate resistance will be seen at 686.17. Closing above 686.17, Tata Motors share price will see a sharp breakout. Major resistance for Tata Motors share price will be seen at 705.23 for the week.

Trading range for Tata Motors share price for this week should be between 575.57 on down side and 741.47 on up side.

Tata Motors Previous Week High: 669

Tata Motors Previous Week Low: 613.7

Tata Motors Previous Week Range: 55.3 Points

Tata Motors share price support and resistance for the week (October 16, 2023 – October 20, 2023)

Level Type Value
Resistance 3 741.47
Resistance 2 705.23
Resistance 1 686.17
Support 1 630.87
Support 2 594.63
Support 3 575.57
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