TATAPOWER - Simple Analysis

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TATAPOWER

Tata Power technical outlook: If it continues the momentum then 260 is possible in next 10 days. It is very bullish above 270.

Can Tata Power repeat what Adani Power has done? Probably Yes.

Should you invest aggressively at this point? No. Wait for the breakout.

Can it fall from these level? Yes, it can but that will only give buying opportunity and my opinion will be to buy near the support zone.

NOT A RECOMMENDATION. JUST FOR EDUCATION. Thanks.
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Tata Power - breakout. CMP 292
A 7% move on 6/4/2022
BSEChart PatternsindianseSupport and ResistanceTATAPOWERtatapoweranalysisTrend Analysis

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