Tata Steel closed the previous week on a negative note losing 8.08%.

Technically, Tata Steel share price will see immediate support at 161.13 and immediate resistance would be seen at 175.48.

If Tata Steel share price closes below immediate support of 161.13, then sharp breakdown can be seen. Tata Steel share price will see major support at 155.07 for the week.

On the positive side, immediate resistance will be seen at 175.48. Closing above 175.48, Tata Steel share price will see a sharp breakout. Major resistance for Tata Steel share price will be seen at 183.77 for the week.

Trading range for Tata Steel share price for this week should be between 146.78 on down side and 189.83 on up side.

Tata Steel Previous Week High: 177.7

Tata Steel Previous Week Low: 163.35

Tata Steel Previous Week Range: 14.35 Points

Tata Steel share price support and resistance for the week (June 03, 2024 – June 07, 2024)

Level Type
Value

Resistance 3
189.83

Resistance 2
183.77

Resistance 1
175.48

Support 1
161.13

Support 2
155.07

Support 3
146.78

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Tata Steel closed the previous week on a negative note losing 8.08%. Technically, Tata Steel share price will see immediate support at 161.13 and immediate resistance would be seen at 175.48. If Tata Steel share price closes below immediate support of 161.13, then sharp breakdown can be seen. Tata Steel…
The post Tata Steel Outlook for the Week (June 03, 2024 – June 07, 2024) appeared first on Equitypandit.  Read MoreMARKET OUTLOOK, STOCK OUTLOOK, TATASTEEL 

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