MARKET OUTLOOKSTOCK OUTLOOKTATAMOTORS

Tata Motors Outlook for the Week (August 14, 2023 – August 18, 2023)

Tata Motors closed the previous week on a negative note losing 4.82%.

Technically, Tata Motors share price will see immediate support at 597.10 and immediate resistance would be seen at 627.40.

If Tata Motors share price closes below immediate support of 597.10, then sharp breakdown can be seen. Tata Motors share price will see major support at 582.40 for the week.

On the positive side, immediate resistance will be seen at 627.40. Closing above 627.40, Tata Motors share price will see a sharp breakout. Major resistance for Tata Motors share price will be seen at 643.00 for the week.

Trading range for Tata Motors share price for this week should be between 566.80 on down side and 657.70 on up side.

Tata Motors Previous Week High: 628.3

Tata Motors Previous Week Low: 598

Tata Motors Previous Week Range: 30.3 Points

Tata Motors share price support and resistance for the week (August 14, 2023 – August 18, 2023)

Level Type Value
Resistance 3 657.70
Resistance 2 643.00
Resistance 1 627.40
Support 1 597.10
Support 2 582.40
Support 3 566.80

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