haresh2408

Tata Power

Long
haresh2408 Updated   
NSE:TATAPOWER   TATA POWER CO LTD
Stock is in uptrend from 365 levels since 13-March-2024 and reached life time high of 463 by 03-May-2024.. very good rally of 98 rupees with in 50 days. Now the stock is consolidating between 427 and 450 levels

Stock will touch 464 levels from here but i suggest to accumulate near 430 levels and wait for the target. Fibonacci level are suggesting the first target is 464 and second target is 486 and Third target is 510

on the down side the stock is having great support at 398 but this level is unlikely to come unless there is a big fall in the broader markets. if this level is broken then the next accumulation zone in above 385














Trade active:
Can accumulate at 440-445 levels and wait for target of 461-465
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