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DV-Research
Sep 16, 2021 12:44 AM

Tatapower Breakout  Long

TATA POWER CO LTDNSE

Description

Tata power on multi timeframe analysis is above 50 week EMA and also on daily frame it is about 50 DEMA. Stock has given a break out with a good volume post 9th August this has been a second time where it is trying to breach the price. There is higher highs and higher lows and should cross 1.25 fibonacci level. Sector is slowly gaining strength and stock also is trying to beat nifty strength.

Comment

Target Achieved before the month end
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