Tata Power closed the previous week on a negative note losing 8.61%.
Technically, Tata Power share price will see immediate support at 323.67 and immediate resistance would be seen at 353.77.
If Tata Power share price closes below immediate support of 323.67, then sharp breakdown can be seen. Tata Power share price will see major support at 306.58 for the week.
On the positive side, immediate resistance will be seen at 353.77. Closing above 353.77, Tata Power share price will see a sharp breakout. Major resistance for Tata Power share price will be seen at 366.78 for the week.
Trading range for Tata Power share price for this week should be between 293.57 on down side and 383.87 on up side.
Tata Power Previous Week High: 349.7
Tata Power Previous Week Low: 319.6
Tata Power Previous Week Range: 30.1 Points
Tata Power share price support and resistance for the week (January 08, 2024 – January 12, 2024)
| Level Type | Value |
|---|---|
| Resistance 3 | 383.87 |
| Resistance 2 | 366.78 |
| Resistance 1 | 353.77 |
| Support 1 | 323.67 |
| Support 2 | 306.58 |
| Support 3 | 293.57 |
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