Tata Motors – Technical Analysis, Support and Resistance

The stock

is currently showing a weak short-term trend on the daily chart. After rising towards ₹485 in August the stock has been making lower highs and lower lows. It closed at ₹396.35 (-0.99%) indicating continued selling pressure near the ₹400 level. Support & Resistance: Immediate support is placed around ₹390–380 followed by ₹365–360. On the upside ₹400–405 is the immediate resistance zone followed by ₹420–430. A sustained move above ₹430 may improve the short-term trend. Short-Term Buyers & Holders View: Fresh buyers may wait for a decisive close above ₹405–410 with strong volume before considering an entry. If the stock fails to cross this zone further consolidation or weakness may continue. Existing holders should monitor the ₹380 support zone closely.