suresh_gundappa
Long

TATA Power adds more power to their Kitty!

NSE:TATAPOWER   TATA POWER CO LTD
54 0 1
NSE:TATAPOWER             Tata Power's 50:50 joint venture with Exxaro Resources in South Africa, Cennergi ( Pty             ) announced commencement of commercial operations for its 95 MW Tsitsikamma Community wind farm project on Thursday.
Technically on weekly chart, price is moving up from a significant base formation and consolidation. I expect price to hit 90 levels over next few months. Keep 70 levels as stop-loss and trade cautiously. Volume spike over last two spikes indicate that smart money is investing in the script.
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