Tata Steel closed the previous week on a negative note losing 3.66%.

Technically, Tata Steel share price will see immediate support at 163.75 and immediate resistance would be seen at 170.00.

If Tata Steel share price closes below immediate support of 163.75, then sharp breakdown can be seen. Tata Steel share price will see major support at 161.00 for the week.

On the positive side, immediate resistance will be seen at 170.00. Closing above 170.00, Tata Steel share price will see a sharp breakout. Major resistance for Tata Steel share price will be seen at 173.50 for the week.

Trading range for Tata Steel share price for this week should be between 157.50 on down side and 176.25 on up side.

Tata Steel Previous Week High: 170.75

Tata Steel Previous Week Low: 164.5

Tata Steel Previous Week Range: 6.25 Points

Tata Steel share price support and resistance for the week (May 06, 2024 – May 10, 2024)

Level Type
Value

Resistance 3
176.25

Resistance 2
173.50

Resistance 1
170.00

Support 1
163.75

Support 2
161.00

Support 3
157.50

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The post Tata Steel Outlook for the Week (May 06, 2024 – May 10, 2024) appeared first on Equitypandit.

Tata Steel closed the previous week on a negative note losing 3.66%. Technically, Tata Steel share price will see immediate support at 163.75 and immediate resistance would be seen at 170.00. If Tata Steel share price closes below immediate support of 163.75, then sharp breakdown can be seen. Tata Steel…
The post Tata Steel Outlook for the Week (May 06, 2024 – May 10, 2024) appeared first on Equitypandit.  Read MoreMARKET OUTLOOK, STOCK OUTLOOK, TATASTEEL 

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