Support and Resistance for TATASTEEL on a 1-Day Chart:
Support Levels:
Recent Lows: Look for the most recent significant low where the stock price has reversed and started rising again.
Previous Swing Lows: This refers to the lowest points over the past few days or weeks.
Psychological Levels: Round numbers such as ₹1000, ₹1100, or ₹1200 are often key support levels.
Resistance Levels:
Recent Highs: Identify recent peaks where the stock has faced selling pressure and reversed.
Previous Swing Highs: Look for the highest price points from the last few days or weeks.
Psychological Resistance Levels: Round numbers such as ₹1300, ₹1400, or ₹1500 can act as resistance levels.
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