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MARKET OUTLOOKSTOCK OUTLOOKTATASTEEL

Tata Steel Outlook for the Week (October 09, 2023 – October 13, 2023)

Tata Steel
Tata Steel
Tata Steel closed the previous week on a negative note losing 3.56%.

Technically, Tata Steel share price will see immediate support at 123.90 and immediate resistance would be seen at 128.50.

If Tata Steel share price closes below immediate support of 123.90, then sharp breakdown can be seen. Tata Steel share price will see major support at 121.90 for the week.

On the positive side, immediate resistance will be seen at 128.50. Closing above 128.50, Tata Steel share price will see a sharp breakout. Major resistance for Tata Steel share price will be seen at 131.10 for the week.

Trading range for Tata Steel share price for this week should be between 119.30 on down side and 133.10 on up side.

Tata Steel Previous Week High: 129.1

Tata Steel Previous Week Low: 124.5

Tata Steel Previous Week Range: 4.6 Points

Tata Steel share price support and resistance for the week (October 09, 2023 – October 13, 2023)

Level Type Value
Resistance 3 133.10
Resistance 2 131.10
Resistance 1 128.50
Support 1 123.90
Support 2 121.90
Support 3 119.30
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{"buy_point":[{"en_ltd":"2023-08-29","en_sup_p_91":"119.42","en_sup_t_91":"116.96","prev_close":"117.60","en_close":"119.55","new_date":"Aug 29","prev_close_no":117}],"sell_point":[{"en_ltd":"2023-09-20","en_sup_p_91":"129.29","en_sup_t_91":"133.37","prev_close":"130.45","en_close":"128.30","new_date":"Sep 20","prev_close_no":130},{"en_ltd":"2023-08-25","en_sup_p_91":"117.02","en_sup_t_91":"119.42","prev_close":"118.25","en_close":"116.90","new_date":"Aug 25","prev_close_no":118}]}

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