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MARKET OUTLOOKSTOCK OUTLOOKTATASTEEL

Tata Steel Outlook for the Week (December 04, 2023 – December 08, 2023)

Tata Steel
Tata Steel
Tata Steel closed the previous week on a negative note losing 3.30%.

Technically, Tata Steel share price will see immediate support at 127.23 and immediate resistance would be seen at 131.53.

If Tata Steel share price closes below immediate support of 127.23, then sharp breakdown can be seen. Tata Steel share price will see major support at 124.47 for the week.

On the positive side, immediate resistance will be seen at 131.53. Closing above 131.53, Tata Steel share price will see a sharp breakout. Major resistance for Tata Steel share price will be seen at 133.07 for the week.

Trading range for Tata Steel share price for this week should be between 122.93 on down side and 135.83 on up side.

Tata Steel Previous Week High: 130.3

Tata Steel Previous Week Low: 126

Tata Steel Previous Week Range: 4.3 Points

Tata Steel share price support and resistance for the week (December 04, 2023 – December 08, 2023)

Level Type Value
Resistance 3 135.83
Resistance 2 133.07
Resistance 1 131.53
Support 1 127.23
Support 2 124.47
Support 3 122.93
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{"buy_point":[{"en_ltd":"2023-11-06","en_sup_p_91":"119.26","en_sup_t_91":"116.05","prev_close":"117.30","en_close":"119.40","new_date":"Nov 6","prev_close_no":117}],"sell_point":[{"en_ltd":"2023-10-20","en_sup_p_91":"125.44","en_sup_t_91":"126.68","prev_close":"126.00","en_close":"123.10","new_date":"Oct 20","prev_close_no":126}]}

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