TATA POWER WEEKLY CHART

Tata Power is looking for a great rally from this level, the stock has not crossed 64 levels since 2019 now on the weekly chart stock has broken this level & trading above this level which is a good sign for the bulls.
However, Technical analyst definitely identifies some pattern when they see the weekly chart of Tata Power, having said that there is some pattern in its weekly chart which is called an Inverted Head N Shoulder Pattern which is a Bullish pattern for the stock.

Going forward, the stock is also trading above 200 EMA that is placed near around 64.23 which is a really good sign for the stock, therefore, those traders entered near around 64 levels then they are definitely enjoying stock rally & will surely enjoy more.
Being a Trader I will definitely buy the stock & hold it in my portfolio till the time it will kiss 90 levels on the chart.




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