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#TATAPOWER #INTRADAY PURPOSE

BUY ONLY IN (236-238)

SL-233.50

TARGET- 240,244,(250 ONLY POSSIBLE WHEN THERE IS TOO MUCH BUYING AND LIQUIDITY IN STOCK ON MONDAY)

TATA POWER LOOKS BULLISH IS BEEN IN UPTREND FROM APRIL ALSO WE HAVE SEEN FRESH BUYING YESTERDAY.

TECHNICALS- WE CAN SEE A BULLISH ENGULFED CANDLE STICK PATERN ALSO IS BREAKING HIGHS OF LAST 3 MONTHS CONTINUOUSLY.

MACD- POSITIVE

EMA - POSITIVE

SUPERTEND -POSITIVE

ALSO RECOMMEND TO BIY A CALL OPTION OR FUTURE FOR 2-3 WEEKS

FOR SWING TRADING TARGET WILL BE 252,260,267

BUT IF IT COULDN'T SUSTAIN RANGE OF 232-236 then we would see a short term correction in stock.