Technically, Tata Steel share price will see immediate support at 135.62 and immediate resistance would be seen at 142.42.
If Tata Steel share price closes below immediate support of 135.62, then sharp breakdown can be seen. Tata Steel share price will see major support at 131.63 for the week.
On the positive side, immediate resistance will be seen at 142.42. Closing above 142.42, Tata Steel share price will see a sharp breakout. Major resistance for Tata Steel share price will be seen at 145.23 for the week.
Trading range for Tata Steel share price for this week should be between 128.82 on down side and 149.22 on up side.
Tata Steel Previous Week High: 141.25
Tata Steel Previous Week Low: 134.45
Tata Steel Previous Week Range: 6.8 Points
Tata Steel share price support and resistance for the week (January 01, 2024 – January 05, 2024)
Level Type | Value |
---|---|
Resistance 3 | 149.22 |
Resistance 2 | 145.23 |
Resistance 1 | 142.42 |
Support 1 | 135.62 |
Support 2 | 131.63 |
Support 3 | 128.82 |
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