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MARKET OUTLOOKSTOCK OUTLOOKTATAPOWER

Tata Power Outlook for the Week (May 20, 2024 – May 24, 2024)

Tata Power
Tata Power
Tata Power closed the previous week on a negative note losing 9.86%.

Technically, Tata Power share price will see immediate support at 408.58 and immediate resistance would be seen at 451.98.

If Tata Power share price closes below immediate support of 408.58, then sharp breakdown can be seen. Tata Power share price will see major support at 380.87 for the week.

On the positive side, immediate resistance will be seen at 451.98. Closing above 451.98, Tata Power share price will see a sharp breakout. Major resistance for Tata Power share price will be seen at 467.67 for the week.

Trading range for Tata Power share price for this week should be between 365.18 on down side and 495.38 on up side.

Tata Power Previous Week High: 439.95

Tata Power Previous Week Low: 396.55

Tata Power Previous Week Range: 43.4 Points

Tata Power share price support and resistance for the week (May 20, 2024 – May 24, 2024)

Level Type Value
Resistance 3 495.38
Resistance 2 467.67
Resistance 1 451.98
Support 1 408.58
Support 2 380.87
Support 3 365.18
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