Stock of the day : Buy Tata Power 200 PE For Target Rs.9 - Religare Broking
Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel
Tata Power Ltd
* TATAPOWER has been gradually drifting lower after the breakdown from a distribution pattern.
* It has formed a fresh shorting pivot, after hovering in a narrow range around the resistance zone of 208 levels.
* Existence of moving average hurdle i.e. 20 EMA around 208 is further adding to the confirmation.
* We thus suggest creating fresh short positions through the Put options.
Technical Chart : Daily
Buy Tata Power 200 PE CMP: 4.90 Range: 3.5-4.5 SL: 2 Target: 9
To Read Complete Report & Disclaimer Click Here
Please refer disclaimer at https://www.religareonline.com/disclaimer
SEBI Registration number is INZ000174330
Views express by all participants are for information & academic purpose only. Kindly read disclaimer before referring below views. Click Here For Disclaimer
.jpg)
