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TATA POWER: Larger correction ahead

Short
TATA POWER CO LTD (NSE:TATAPOWER)  
TradingSutra  
NSE:TATAPOWER   TATA POWER CO LTD
Trend Analysis Chart Patterns TATAPOWER tatapoweranalysis stockmarketanalysis stockstowatch stockstotrade
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trendanalysis chartpattern tatapower tatapoweranalysis stockmarketanalysis stockstowatch stockstotrade
Stock has broken the important support area of 200 and is vulnerable to get more sell off in the coming months. Any rise should be taken as exit/selling opportunity as the stock is heading towards its previous support zone of 160/140 area. On the upside 230-245 will act as a strong resistance in the coming months.
Manish Bhardwaj (CMT L-1)
Analyst & Co-Founder
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