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MARKET OUTLOOKSTOCK OUTLOOKTATASTEEL

Tata Steel Outlook for the Week (February 05, 2024 – February 09, 2024)

Tata Steel
Tata Steel
Tata Steel closed the previous week on a negative note losing 4.37%.

Technically, Tata Steel share price will see immediate support at 134.93 and immediate resistance would be seen at 141.03.

If Tata Steel share price closes below immediate support of 134.93, then sharp breakdown can be seen. Tata Steel share price will see major support at 131.17 for the week.

On the positive side, immediate resistance will be seen at 141.03. Closing above 141.03, Tata Steel share price will see a sharp breakout. Major resistance for Tata Steel share price will be seen at 143.37 for the week.

Trading range for Tata Steel share price for this week should be between 128.83 on down side and 147.13 on up side.

Tata Steel Previous Week High: 139.6

Tata Steel Previous Week Low: 133.5

Tata Steel Previous Week Range: 6.1 Points

Tata Steel share price support and resistance for the week (February 05, 2024 – February 09, 2024)

Level Type Value
Resistance 3 147.13
Resistance 2 143.37
Resistance 1 141.03
Support 1 134.93
Support 2 131.17
Support 3 128.83
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{"buy_point":[{"en_ltd":"2024-01-31","en_sup_p_91":"135.79","en_sup_t_91":"132.18","prev_close":"134.70","en_close":"135.95","new_date":"Jan 31","prev_close_no":134},{"en_ltd":"2024-01-19","en_sup_p_91":"133.60","en_sup_t_91":"129.74","prev_close":"131.00","en_close":"134.25","new_date":"Jan 19","prev_close_no":131},{"en_ltd":"2024-01-16","en_sup_p_91":"136.58","en_sup_t_91":"133.28","prev_close":"134.90","en_close":"137.25","new_date":"Jan 16","prev_close_no":134},{"en_ltd":"2023-12-22","en_sup_p_91":"132.77","en_sup_t_91":"130.06","prev_close":"131.00","en_close":"133.55","new_date":"Dec 22","prev_close_no":131}],"sell_point":[{"en_ltd":"2024-01-23","en_sup_p_91":"131.00","en_sup_t_91":"135.79","prev_close":"133.95","en_close":"130.10","new_date":"Jan 23","prev_close_no":133},{"en_ltd":"2024-01-17","en_sup_p_91":"133.28","en_sup_t_91":"136.87","prev_close":"137.25","en_close":"131.65","new_date":"Jan 17","prev_close_no":137},{"en_ltd":"2024-01-03","en_sup_p_91":"136.98","en_sup_t_91":"140.29","prev_close":"139.60","en_close":"135.35","new_date":"Jan 3","prev_close_no":139}]}

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