Stock of the day: Buy Tata Power Ltd For Target Rs.244

20/06/2023 11:30:57 AM | Source: Religare Broking Ltd

Stock of the day: Buy Tata Power Ltd For Target Rs.244 - Religare Broking

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Tata Power Ltd

* Tata Power has been witnessing recovery, after spending over a year in corrective phase.

* It formed a base around the support zone around 195 levels and inching gradually higher.

* Hovering in a narrow range currently, taking a breather after the recent up move.

* We suggest utilizing the phase to create fresh longs in the mentioned range

Buy Tata Power Ltd CMP 223.15; Range 223-225; SL 215; Target 244

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Stock of the day: Buy Tata Power Ltd For Target Rs.244 - Religare Broking

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