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MARKET OUTLOOKSTOCK OUTLOOKTATASTEEL

Tata Steel Outlook for the Week (April 29, 2024 – May 03, 2024)

Tata Steel
Tata Steel
Tata Steel closed the previous week on a negative note losing 5.80%.

Technically, Tata Steel share price will see immediate support at 160.83 and immediate resistance would be seen at 170.73.

If Tata Steel share price closes below immediate support of 160.83, then sharp breakdown can be seen. Tata Steel share price will see major support at 155.87 for the week.

On the positive side, immediate resistance will be seen at 170.73. Closing above 170.73, Tata Steel share price will see a sharp breakout. Major resistance for Tata Steel share price will be seen at 175.67 for the week.

Trading range for Tata Steel share price for this week should be between 150.93 on down side and 180.63 on up side.

Tata Steel Previous Week High: 170.7

Tata Steel Previous Week Low: 160.8

Tata Steel Previous Week Range: 9.9 Points

Tata Steel share price support and resistance for the week (April 29, 2024 – May 03, 2024)

Level Type Value
Resistance 3 180.63
Resistance 2 175.67
Resistance 1 170.73
Support 1 160.83
Support 2 155.87
Support 3 150.93
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