consolidation breakout TATA POWERTata Power Company Ltd is primarily involved in the business of the generation, transmission and distribution of electricity. It aims to produce electricity completely through renewable sources. It also manufactures solar roofs and plans to build 1 lakh ev charging stations by 202
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Turning Bullish: Tata PowerTata 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
TATA POWERBUY @ CMP
Tata Power is looking for buyers to make the profits, get ready for the following levels as targets
stoploss - 251.20
Targets - 262, 272, 279, 289
follow the levels to trade better
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will update the next movement
all the ideas are for education purpose only
Tata power Buy----->>>yesterday 6july Tata power break its 7 December 2022 high of 227.80 upside and we are looking next target of 236 and 246 respectively within 1 weekend.
technically looking strong , you can see 50 days moving EMA is crossing 200 moving EMA from downside to upside its golden cross , buying signal.
with chattisghad govt. 1750 cr order for smart meter installation and maintenance.
for such interesting update follow me.
i will update this idea once target reach.
thank you happy trading :)