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Unite Technologies Financial

31st Aug · SEBI Registration INH000020350

Tata Technologies – Technical View, Support and Resistance

The stock

TATATECH
is trading at ₹831.05 on the daily chart. The stock has shown a strong recovery from the ₹520–₹550 zone and formed a clear upward move. After reaching the ₹850–₹880 area the stock has seen some profit booking and is currently consolidating around ₹800–₹830. The short-term structure remains positive as long as the stock holds the recent consolidation zone. A sustained move above the recent ₹850–₹880 area can indicate further strength while weakness below the immediate support zone can lead to further consolidation. The immediate support zone is ₹800–₹820 followed by the ₹750–₹780 zone. On the upside ₹850–₹880 is the key resistance area while the chart shows a higher resistance around ₹975.90. Short-term buyers should watch the ₹850–₹880 resistance zone for a sustained breakout. Holders can monitor the ₹800–₹820 support zone for continued strength. The stock is currently consolidating after a strong upward move, so the next breakout or breakdown can provide clearer direction.

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