Signals, Powered By EquityPandit
Tata Motors closed the previous week on a negative note losing 2.48%.
Technically, Tata Motors share price will see immediate support at 1,005.17 and immediate resistance would be seen at 1,030.67.
If Tata Motors share price closes below immediate support of 1,005.17, then sharp breakdown can be seen. Tata Motors share price will see major support at 991.83 for the week.
On the positive side, immediate resistance will be seen at 1,030.67. Closing above 1,030.67, Tata Motors share price will see a sharp breakout. Major resistance for Tata Motors share price will be seen at 1,042.83 for the week.
Trading range for Tata Motors share price for this week should be between 979.67 on down side and 1,056.17 on up side.
Tata Motors Previous Week High: 1029.5
Tata Motors Previous Week Low: 1004
Tata Motors Previous Week Range: 25.5 Points
Tata Motors share price support and resistance for the week (April 15, 2024 – April 19, 2024)
| Level Type | Value |
|---|---|
| Resistance 3 | 1,056.17 |
| Resistance 2 | 1,042.83 |
| Resistance 1 | 1,030.67 |
| Support 1 | 1,005.17 |
| Support 2 | 991.83 |
| Support 3 | 979.67 |
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