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MARKET OUTLOOKSTOCK OUTLOOKTATAPOWER

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

Tata Power
Tata Power
Tata Power closed the previous week on a negative note losing 3.22%.

Technically, Tata Power share price will see immediate support at 249.67 and immediate resistance would be seen at 257.97.

If Tata Power share price closes below immediate support of 249.67, then sharp breakdown can be seen. Tata Power share price will see major support at 245.23 for the week.

On the positive side, immediate resistance will be seen at 257.97. Closing above 257.97, Tata Power share price will see a sharp breakout. Major resistance for Tata Power share price will be seen at 261.83 for the week.

Trading range for Tata Power share price for this week should be between 241.37 on down side and 266.27 on up side.

Tata Power Previous Week High: 257.4

Tata Power Previous Week Low: 249.1

Tata Power Previous Week Range: 8.3 Points

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

Level Type Value
Resistance 3 266.27
Resistance 2 261.83
Resistance 1 257.97
Support 1 249.67
Support 2 245.23
Support 3 241.37
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{"buy_point":[{"en_ltd":"2023-10-03","en_sup_p_91":"262.83","en_sup_t_91":"257.53","prev_close":"262.30","en_close":"263.95","new_date":"Oct 3","prev_close_no":262}],"sell_point":[{"en_ltd":"2023-10-04","en_sup_p_91":"257.53","en_sup_t_91":"264.83","prev_close":"263.95","en_close":"256.65","new_date":"Oct 4","prev_close_no":263},{"en_ltd":"2023-09-12","en_sup_p_91":"264.42","en_sup_t_91":"276.14","prev_close":"271.90","en_close":"262.70","new_date":"Sep 12","prev_close_no":271}]}

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