Tata Power 30%+ Profit Possibility for Long Term (Fibonacci)

Tata Power correction has ended at 38.2 retracement level. As per the Fibonacci rule, it should touch 1.382 extn which is at 100 rs .

Fundamental of this company is strong and the promoters are increasing their stake.

This is only for educational purpose.

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Target of 100 rs is met and the profit is 30%