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MARKET OUTLOOKSTOCK OUTLOOKTATASTEEL

Tata Steel Outlook for the Week (February 26, 2024 – March 01, 2024)

Tata Steel
Tata Steel
Tata Steel closed the previous week on a negative note losing 4.79%.

Technically, Tata Steel share price will see immediate support at 141.30 and immediate resistance would be seen at 148.35.

If Tata Steel share price closes below immediate support of 141.30, then sharp breakdown can be seen. Tata Steel share price will see major support at 137.15 for the week.

On the positive side, immediate resistance will be seen at 148.35. Closing above 148.35, Tata Steel share price will see a sharp breakout. Major resistance for Tata Steel share price will be seen at 151.25 for the week.

Trading range for Tata Steel share price for this week should be between 134.25 on down side and 155.40 on up side.

Tata Steel Previous Week High: 147.1

Tata Steel Previous Week Low: 140.05

Tata Steel Previous Week Range: 7.05 Points

Tata Steel share price support and resistance for the week (February 26, 2024 – March 01, 2024)

Level Type Value
Resistance 3 155.40
Resistance 2 151.25
Resistance 1 148.35
Support 1 141.30
Support 2 137.15
Support 3 134.25
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{"buy_point":[{"en_ltd":"2024-02-14","en_sup_p_91":"140.22","en_sup_t_91":"134.39","prev_close":"137.85","en_close":"141.20","new_date":"Feb 14","prev_close_no":137},{"en_ltd":"2024-01-31","en_sup_p_91":"135.79","en_sup_t_91":"132.18","prev_close":"134.70","en_close":"135.95","new_date":"Jan 31","prev_close_no":134},{"en_ltd":"2024-01-19","en_sup_p_91":"133.60","en_sup_t_91":"129.74","prev_close":"131.00","en_close":"134.25","new_date":"Jan 19","prev_close_no":131},{"en_ltd":"2024-01-16","en_sup_p_91":"136.58","en_sup_t_91":"133.28","prev_close":"134.90","en_close":"137.25","new_date":"Jan 16","prev_close_no":134}],"sell_point":[{"en_ltd":"2024-02-09","en_sup_p_91":"142.06","en_sup_t_91":"145.54","prev_close":"143.65","en_close":"141.30","new_date":"Feb 9","prev_close_no":143},{"en_ltd":"2024-01-23","en_sup_p_91":"131.00","en_sup_t_91":"135.79","prev_close":"133.95","en_close":"130.10","new_date":"Jan 23","prev_close_no":133},{"en_ltd":"2024-01-17","en_sup_p_91":"133.28","en_sup_t_91":"136.87","prev_close":"137.25","en_close":"131.65","new_date":"Jan 17","prev_close_no":137}]}

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