buzzing stocks-TATAPOWER stock major support 71.3

Tata Power Company Limited future chart Tata Power Company Limited stock today is trading at 73.25 with 4% loss. Stock is top loser in F&O segment.     Stock price trend and momentum both are bullish. On upside 75.8 was first target which is achieved above it next target will be 79.2. On downside 71.3 is major support and above it keep buy and accumulate view for June series. Daily closing below 71.3 means fresh downtrend as well as sell signal for stock.     In medium term stock can show 78 to 82 level on upside while 71 is support as well as stoploss for traders.     Future traders above 71.3 use correction to buy and accumulate with stoploss for target 75.8 and 79.     Option traders can use 75 call options as buy and accumulate on decline with stoploss.

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Pramod Baviskar

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