Turning Bullish: Tata Power
Tata power recovered well from the support level of 402.
Bullish Momentum seen Above Short, Medium and Long Term Moving Averages
However, 20 EMA has to decisively cross 50 EMA to confirm the bullishness in weekly closing.
Key levels to watch: 442, 464, 472
Long term target: 490
Bullish Momentum seen Above Short, Medium and Long Term Moving Averages
However, 20 EMA has to decisively cross 50 EMA to confirm the bullishness in weekly closing.
Key levels to watch: 442, 464, 472
Long term target: 490
Comment
Tata power has given a strong breakout along with good volume on 10.9.2024.
20EMA has just crossed 50EMA
On the weekly closing, if 20EMA surpasses 50EMA, we can confirm the bullish trend.
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