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By EquityPandit

MARKET OUTLOOKSTOCK OUTLOOKTATAPOWER

Tata Power Outlook for the Week (March 11, 2024 – March 15, 2024)

Tata Power
Tata Power
Tata Power closed the previous week on a negative note losing 12.25%.

Technically, Tata Power share price will see immediate support at 392.53 and immediate resistance would be seen at 445.63.

If Tata Power share price closes below immediate support of 392.53, then sharp breakdown can be seen. Tata Power share price will see major support at 359.82 for the week.

440.00440.00430.00430.00420.00420.00410.00410.00400.00400.00390.00390.00380.00380.00370.00370.00360.00360.00350.00350.00Jan 29Jan 29Feb 1Feb 1Feb 6Feb 6Feb 9Feb 9Feb 14Feb 14Feb 19Feb 19Feb 22Feb 22Feb 27Feb 27Mar 1Mar 1Mar 5Mar 5Reversal Level 401.27BuySellSell

On the positive side, immediate resistance will be seen at 445.63. Closing above 445.63, Tata Power share price will see a sharp breakout. Major resistance for Tata Power share price will be seen at 466.02 for the week.

Trading range for Tata Power share price for this week should be between 339.43 on down side and 498.73 on up side.

Tata Power Previous Week High: 433.3

Tata Power Previous Week Low: 380.2

Tata Power Previous Week Range: 53.1 Points

Tata Power share price support and resistance for the week (March 11, 2024 – March 15, 2024)

Level Type Value
Resistance 3 498.73
Resistance 2 466.02
Resistance 1 445.63
Support 1 392.53
Support 2 359.82
Support 3 339.43
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{"buy_point":[{"en_ltd":"2024-02-15","en_sup_p_91":"375.95","en_sup_t_91":"363.80","prev_close":"373.70","en_close":"378.85","new_date":"Feb 15","prev_close_no":373}],"sell_point":[{"en_ltd":"2024-02-28","en_sup_p_91":"369.07","en_sup_t_91":"381.77","prev_close":"375.55","en_close":"365.75","new_date":"Feb 28","prev_close_no":375},{"en_ltd":"2024-02-12","en_sup_p_91":"390.19","en_sup_t_91":"388.51","prev_close":"392.10","en_close":"361.70","new_date":"Feb 12","prev_close_no":392}]}

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