TATA POWER CO LTD
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Tata Power

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Stock has come to a strong valid down-sloping trendline resistance. Will the stock continue with its recent up-trend, or will the higher time frame bearish outlook weigh in? For a trade, looking to execute a BEARISH CALL SPREAD. If the stock is to find resistance at the trendline, it might end the July series below Rs.53!
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Trend Analysis

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