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2025-10-16 10:49:40 am | Source: Religare Broking Ltd
Stock of the day : Tata Power Company Ltd by Target Rs. 418 - Religare Broking Ltd
Stock of the day : Tata Power Company Ltd by Target Rs. 418 - Religare Broking Ltd

Tata Power Company Ltd

Buy Tata Power Company Ltd CMP 396.50 Range 395-397 SL 385 Target 418.

* Tata Power exhibits strong bullish momentum, confirmed by a fresh upside breakout accompanied by rising volumes, reinforcing positive price action.

* The stock remains well-supported by short- to medium-term exponential moving averages (20, 50 and 100-day EMAs), indicating sustained strength.

* Technical indicators collectively point toward further upside potential, with sentiment remaining constructive for continued price appreciation.

* Market participants may consider buying in the given range.

 

 

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