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MARKET OUTLOOKSTOCK OUTLOOKTATAPOWER

Tata Power Outlook for the Week (August 21, 2023 – August 25, 2023)

Tata Power
Tata Power
Tata Power closed the previous week on a negative note losing 3.43%.

Technically, Tata Power share price will see immediate support at 226.72 and immediate resistance would be seen at 234.82.

If Tata Power share price closes below immediate support of 226.72, then sharp breakdown can be seen. Tata Power share price will see major support at 223.33 for the week.

On the positive side, immediate resistance will be seen at 234.82. Closing above 234.82, Tata Power share price will see a sharp breakout. Major resistance for Tata Power share price will be seen at 239.53 for the week.

Trading range for Tata Power share price for this week should be between 218.62 on down side and 242.92 on up side.

Tata Power Previous Week High: 236.15

Tata Power Previous Week Low: 228.05

Tata Power Previous Week Range: 8.1 Points

Tata Power share price support and resistance for the week (August 21, 2023 – August 25, 2023)

Level Type Value
Resistance 3 242.92
Resistance 2 239.53
Resistance 1 234.82
Support 1 226.72
Support 2 223.33
Support 3 218.62

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