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MARKET OUTLOOKSTOCK OUTLOOKTATASTEEL

Tata Steel Outlook for the Week (April 15, 2024 – April 19, 2024)

Tata Steel
Tata Steel
Tata Steel closed the previous week on a negative note losing 4.00%.

Technically, Tata Steel share price will see immediate support at 161.07 and immediate resistance would be seen at 167.87.

If Tata Steel share price closes below immediate support of 161.07, then sharp breakdown can be seen. Tata Steel share price will see major support at 158.63 for the week.

On the positive side, immediate resistance will be seen at 167.87. Closing above 167.87, Tata Steel share price will see a sharp breakout. Major resistance for Tata Steel share price will be seen at 172.23 for the week.

Trading range for Tata Steel share price for this week should be between 154.27 on down side and 174.67 on up side.

Tata Steel Previous Week High: 169.8

Tata Steel Previous Week Low: 163

Tata Steel Previous Week Range: 6.8 Points

Tata Steel share price support and resistance for the week (April 15, 2024 – April 19, 2024)

Level Type Value
Resistance 3 174.67
Resistance 2 172.23
Resistance 1 167.87
Support 1 161.07
Support 2 158.63
Support 3 154.27
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