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TATAPOWER - Simple Analysis

NSE:TATAPOWER   TATA POWER CO LTD
Tata Power Technical Outlook:

  • 5 Days - 236.10 SMA
  • 10 Days - 239.31 SMA
  • 20 Days - 237.99 SMA

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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