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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