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MARKET OUTLOOKSTOCK OUTLOOKTATASTEEL

Tata Steel Outlook for the Week (February 12, 2024 – February 16, 2024)

Tata Steel
Tata Steel
Tata Steel closed the previous week on a negative note losing 5.60%.

Technically, Tata Steel share price will see immediate support at 137.83 and immediate resistance would be seen at 146.08.

If Tata Steel share price closes below immediate support of 137.83, then sharp breakdown can be seen. Tata Steel share price will see major support at 134.37 for the week.

On the positive side, immediate resistance will be seen at 146.08. Closing above 146.08, Tata Steel share price will see a sharp breakout. Major resistance for Tata Steel share price will be seen at 150.87 for the week.

Trading range for Tata Steel share price for this week should be between 129.58 on down side and 154.33 on up side.

Tata Steel Previous Week High: 147.4

Tata Steel Previous Week Low: 139.15

Tata Steel Previous Week Range: 8.25 Points

Tata Steel share price support and resistance for the week (February 12, 2024 – February 16, 2024)

Level Type Value
Resistance 3 154.33
Resistance 2 150.87
Resistance 1 146.08
Support 1 137.83
Support 2 134.37
Support 3 129.58
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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}],"sell_point":[{"en_ltd":"2024-02-09","en_sup_p_91":"142.06","en_sup_t_91":"145.54","prev_close":"143.65","en_close":"141.30","new_date":"Feb 9","prev_close_no":143},{"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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