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MARKET OUTLOOKSTOCK OUTLOOKTATASTEEL

Tata Steel Outlook for the Week (March 04, 2024 – March 08, 2024)

Tata Steel
Tata Steel
Tata Steel closed the previous week on a negative note losing 7.47%.

Technically, Tata Steel share price will see immediate support at 142.68 and immediate resistance would be seen at 153.93.

If Tata Steel share price closes below immediate support of 142.68, then sharp breakdown can be seen. Tata Steel share price will see major support at 135.42 for the week.

On the positive side, immediate resistance will be seen at 153.93. Closing above 153.93, Tata Steel share price will see a sharp breakout. Major resistance for Tata Steel share price will be seen at 157.92 for the week.

Trading range for Tata Steel share price for this week should be between 131.43 on down side and 165.18 on up side.

Tata Steel Previous Week High: 150.65

Tata Steel Previous Week Low: 139.4

Tata Steel Previous Week Range: 11.25 Points

Tata Steel share price support and resistance for the week (March 04, 2024 – March 08, 2024)

Level Type Value
Resistance 3 165.18
Resistance 2 157.92
Resistance 1 153.93
Support 1 142.68
Support 2 135.42
Support 3 131.43
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{"buy_point":[{"en_ltd":"2024-03-01","en_sup_p_91":"144.00","en_sup_t_91":"142.73","prev_close":"140.85","en_close":"149.95","new_date":"Mar 1","prev_close_no":140},{"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}],"sell_point":[{"en_ltd":"2024-02-26","en_sup_p_91":"142.66","en_sup_t_91":"147.52","prev_close":"145.45","en_close":"142.65","new_date":"Feb 26","prev_close_no":145},{"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}]}

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