Tata Power Company Limited (TATAPOWER)
TATAPOWER has posted a fresh breakdown today i.e. Nov 13 after hovering in a range while holding below the resistance zone of major moving averages on the daily chart. The chart pattern combined with prevailing downtrend is further adding to the negativity. We advise initiating fresh shorts as per the mentioned levels.
Sell Tata Power Company Ltd Futs @ 56-57 SL 59 Target 51 CMP 55.30
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