Tata Steel closed the previous week on a negative note losing 6.17%.

Technically, Tata Steel share price will see immediate support at 160.78 and immediate resistance would be seen at 171.18.

If Tata Steel share price closes below immediate support of 160.78, then sharp breakdown can be seen. Tata Steel share price will see major support at 154.22 for the week.

On the positive side, immediate resistance will be seen at 171.18. Closing above 171.18, Tata Steel share price will see a sharp breakout. Major resistance for Tata Steel share price will be seen at 175.02 for the week.

Trading range for Tata Steel share price for this week should be between 150.38 on down side and 181.58 on up side.

Tata Steel Previous Week High: 168.45

Tata Steel Previous Week Low: 158.05

Tata Steel Previous Week Range: 10.4 Points

Tata Steel share price support and resistance for the week (May 20, 2024 – May 24, 2024)

Level Type
Value

Resistance 3
181.58

Resistance 2
175.02

Resistance 1
171.18

Support 1
160.78

Support 2
154.22

Support 3
150.38

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Tata Steel closed the previous week on a negative note losing 6.17%. Technically, Tata Steel share price will see immediate support at 160.78 and immediate resistance would be seen at 171.18. If Tata Steel share price closes below immediate support of 160.78, then sharp breakdown can be seen. Tata Steel…
The post Tata Steel Outlook for the Week (May 20, 2024 – May 24, 2024) appeared first on Equitypandit.  Read MoreMARKET OUTLOOK, STOCK OUTLOOK, TATASTEEL 

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