Long term view on Tata Power

Tata Power had gave a 1st big breakout at levels of 53 and gave a 2nd breakout at levels of 64 after forming head and shoulders pattern.

Company is establishing EV charging stations. It recently gained letter of intent from 2 Odisha discoms and it's arm CGPL cleared a debt of 1550 crores. These points make the company fundamentally attractive too.

Levels of 110-120 can be seen in the long term.

Technical Indicatorslong-termTATAPOWERTrend AnalysisValue

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