ArunbalaKrishnan

Price Breakout Tata Power

Long
NSE:TATAPOWER   TATA POWER CO LTD
The stock was moving sideways entirely for the month of November between 74 and 78 and finally broken the resistance of 78 at the of November with very strong volume.
With the price break out after consolidation and the ADX increasing, the stock has a very high probability to go up.
CMP: 79.45

Target 1: 89 (Profit : 12%)
Target 2: 100 (Profit: 25.85%)
SL : 72.5 (Loss: 8.7%)

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