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MARKET OUTLOOKSTOCK OUTLOOKTATAPOWER

Tata Power Outlook for the Week (December 11, 2023 – December 15, 2023)

Tata Power
Tata Power
Tata Power closed the previous week on a negative note losing 17.70%.

Technically, Tata Power share price will see immediate support at 288.05 and immediate resistance would be seen at 347.50.

If Tata Power share price closes below immediate support of 288.05, then sharp breakdown can be seen. Tata Power share price will see major support at 252.55 for the week.

On the positive side, immediate resistance will be seen at 347.50. Closing above 347.50, Tata Power share price will see a sharp breakout. Major resistance for Tata Power share price will be seen at 371.45 for the week.

Trading range for Tata Power share price for this week should be between 228.60 on down side and 406.95 on up side.

Tata Power Previous Week High: 335.95

Tata Power Previous Week Low: 276.5

Tata Power Previous Week Range: 59.45 Points

Tata Power share price support and resistance for the week (December 11, 2023 – December 15, 2023)

Level Type Value
Resistance 3 406.95
Resistance 2 371.45
Resistance 1 347.50
Support 1 288.05
Support 2 252.55
Support 3 228.60
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