BUY TATA POWER | TARGET: Rs 116 | STOP LOSS: Rs 102
TATAPOWER has been one of the consistent performers in the power sector for the past couple of months and has been trending throughout in the cycle of higher highs, higher lows. Also, the stock is placed well above all the major moving averages suggesting an inherent strength. In the recent past, the oscillator, 14 period RSI has seen some significant bounce and has breached its previous swing highs indicating bullishness in the counter in the coming future.
BUY GUJGAS LTD | TARGET: Rs 560 | STOP LOSS: Rs

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