Tata Power Share Price | Tata Power share will prosper, Sharekhan brokerage bullish, bullish signs – NSE: TATAPOWER
Tata Power Share Price | Shares of Tata Power Company Limited are trading near 52-week low. Shares of Tata Power Limited Company on 18 January 2024 will be priced at Rs. Had fallen to a low of 335.30. On the charts, Tata Power Company stock appears to be oversold with a Relative Strength Index of 27.9.
Tata Power Stock – Signals on Technical Charts
Tata Power Company's RSI of less than 30 indicates that there appear to be more sellers than buyers for Tata Power Company shares. Shares of Tata Power Company are trading below 5-day, 10-day, 20-day, 30-day, 50-day, 100-day, 150-day and 200-day moving averages. On Monday (January 13, 2025), the stock was trading at Rs 348, down 2.26%. On Friday, January 10, 2025, Tata Power shares were trading at Rs 356, down 3.04 percent. This decline in Tata Power shares is showing a negative trend. In contrast, the performance of the power generation sector declined by 1.67 percent. Tata Power shares have fallen 18.12 percent in the last one month. The stock has declined 8.85% in the last five trading sessions.
Sharekhan Brokerage Firm – Tata Power Share Target Price
Tata Power shares had touched a low of Rs 355.05 on Friday. On the other hand, top brokerage firm Tata Power is bullish on this stock. Sharekhan brokerage firm has advised to buy shares of Tata Power Company. Sharekhan brokerage firm has announced a target price of Rs 540 for Tata Power Company shares with a 'buy' call.
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