bhuvan30

TATA Power 4h chart TA

Long
NSE:TATAPOWER   TATA POWER CO LTD
432 views
4
Tata being a fundamentally strong company with the upcoming and new projects, the fundamental analysis side looks pretty good for this stock. The technical analysis also seems to be decent as we see the price coming up to the lower trendline of the uptrend it is in currently, If we get any good news regarding tata power projects and collaborations we can definitely see the price break the previous high of the uptrend, the RSI being stable around at 44, looking at other indicators, I don't see a MACD crossover yet.
Target prices would be:
1)137
2)145
Stop Loss:
119.5

Comments

hi bhuvan, do u know the sector analysis or to whom should i refer for the same
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