MARKET OUTLOOKSTOCK OUTLOOKTATAMOTORS

Tata Motors Outlook for the Week (August 28, 2023 – September 01, 2023)

Tata Motors
Tata Motors
Tata Motors closed the previous week on a negative note losing 5.30%.

Technically, Tata Motors share price will see immediate support at 590.10 and immediate resistance would be seen at 623.30.

If Tata Motors share price closes below immediate support of 590.10, then sharp breakdown can be seen. Tata Motors share price will see major support at 575.10 for the week.

On the positive side, immediate resistance will be seen at 623.30. Closing above 623.30, Tata Motors share price will see a sharp breakout. Major resistance for Tata Motors share price will be seen at 641.50 for the week.

Trading range for Tata Motors share price for this week should be between 556.90 on down side and 656.50 on up side.

Tata Motors Previous Week High: 626.5

Tata Motors Previous Week Low: 593.3

Tata Motors Previous Week Range: 33.2 Points

Tata Motors share price support and resistance for the week (August 28, 2023 – September 01, 2023)

Level Type Value
Resistance 3 656.50
Resistance 2 641.50
Resistance 1 623.30
Support 1 590.10
Support 2 575.10
Support 3 556.90

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