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MARKET OUTLOOKSTOCK OUTLOOKTATASTEEL

Tata Steel Outlook for the Week (October 30, 2023 – November 03, 2023)

Tata Steel
Tata Steel
Tata Steel closed the previous week on a negative note losing 3.65%.

Technically, Tata Steel share price will see immediate support at 118.07 and immediate resistance would be seen at 122.57.

If Tata Steel share price closes below immediate support of 118.07, then sharp breakdown can be seen. Tata Steel share price will see major support at 116.23 for the week.

On the positive side, immediate resistance will be seen at 122.57. Closing above 122.57, Tata Steel share price will see a sharp breakout. Major resistance for Tata Steel share price will be seen at 125.23 for the week.

Trading range for Tata Steel share price for this week should be between 113.57 on down side and 127.07 on up side.

Tata Steel Previous Week High: 123.4

Tata Steel Previous Week Low: 118.9

Tata Steel Previous Week Range: 4.5 Points

Tata Steel share price support and resistance for the week (October 30, 2023 – November 03, 2023)

Level Type Value
Resistance 3 127.07
Resistance 2 125.23
Resistance 1 122.57
Support 1 118.07
Support 2 116.23
Support 3 113.57
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{"buy_point":[{"en_ltd":"2023-10-16","en_sup_p_91":"126.53","en_sup_t_91":"123.67","prev_close":"125.05","en_close":"127.00","new_date":"Oct 16","prev_close_no":125}],"sell_point":[{"en_ltd":"2023-10-20","en_sup_p_91":"125.44","en_sup_t_91":"126.68","prev_close":"126.00","en_close":"123.10","new_date":"Oct 20","prev_close_no":126},{"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}]}

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