merushi22

TATAPOWER WILL SHOW SOME POWER..

Long
NSE:TATAPOWER   TATA POWER CO LTD
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After forming a double bottom at 55 level stock gives a massive rally of Rs .20. From that double bottom to its recent high stock has retrace 61.8% where other fib ratios are also overlapping each other which shows a strong support area between 67-68.50 . If this support area is important than above coming resistances then we are on for the targets of 89 & 95.