Technically, Tata Steel share price will see immediate support at 119.80 and immediate resistance would be seen at 131.50.
If Tata Steel share price closes below immediate support of 119.80, then sharp breakdown can be seen. Tata Steel share price will see major support at 112.55 for the week.
On the positive side, immediate resistance will be seen at 131.50. Closing above 131.50, Tata Steel share price will see a sharp breakout. Major resistance for Tata Steel share price will be seen at 135.95 for the week.
Trading range for Tata Steel share price for this week should be between 108.10 on down side and 143.20 on up side.
Tata Steel Previous Week High: 128.7
Tata Steel Previous Week Low: 117
Tata Steel Previous Week Range: 11.7 Points
Tata Steel share price support and resistance for the week (September 04, 2023 – September 08, 2023)
Level Type | Value |
---|---|
Resistance 3 | 143.20 |
Resistance 2 | 135.95 |
Resistance 1 | 131.50 |
Support 1 | 119.80 |
Support 2 | 112.55 |
Support 3 | 108.10 |