Tata Power... Simple analysis

From the highs of 298 to 190, and then an up-move to 237 where the stock finds immediate resistance.

Might see price consolidation between 240 and 226.

Above 240 we might see a move towards 255-260 levels.

Support at 220 and 217 levels.

Always define your stop-loss before every trade.

Note: Personal analysis. Not a buy/sell recommendation. Do consult your investment advisor.

Yorum:

Touched 250. Need to see if it is able to sustain above 250.