TATASTEEL Outlook for the Week (December 16, 2024 – December 20, 2024)
Tata Steel closed flat on Weekly basis.
Technically, Tata Steel share price will see immediate support at 145.50 and immediate resistance would be seen at 152.45.
If Tata Steel share price closes below immediate support of 145.50, then sharp breakdown can be seen. Tata Steel share price will see major support at 142.05 for the week.
On the positive side, immediate resistance will be seen at 152.45. Closing above 152.45, Tata Steel share price will see a sharp breakout. Major resistance for Tata Steel share price will be seen at 155.95 for the week.
Trading range for Tata Steel share price for this week should be between 138.55 on down side and 159.40 on up side.
Tata Steel Previous Week Open: 148.29
Tata Steel Previous Week High: 152.5
Tata Steel Previous Week Low: 145.55
Tata Steel Previous Week Close: 148.95
Tata Steel Previous Week Range: 6.95 Points
Tata Steel share price support and resistance for the week (December 16, 2024 - December 20, 2024)
| Level Type | Value |
|---|---|
| Resistance 3 | 159.40 |
| Resistance 2 | 155.95 |
| Resistance 1 | 152.45 |
| Support 1 | 145.50 |
| Support 2 | 142.05 |
| Support 3 | 138.55 |
