Stock of the day : Buy Tata Power Company Ltd For Target Rs.244 - Religare Broking
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Tata Power Ltd
* Tatapower has witnessed a breakout from brief consolidation phase with noticeable volumes.
* Formed the base while holding above the support zone of short term moving average i.e. 20 EMA.
* The chart pattern indicates bullish tone to continue.
* We thus recommend creating fresh longs in the mentioned zone.
Buy Tata Power Ltd CMP 229.60; Range 228-230; SL 223; Target 244
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