9/13/2011 09:13:00 PM
TATAPOWER :- CMP :-
979.85
THIS STOCK HAS CLOSED
BELOW ITS IMPORTANT SUPPORT OF 1013 AND IS OVERSOLD SO ONE CAN TAKE CHANCE TO
SHORT ON RISE OR BOUNCE NEAR 1040 – 1050 LEVELS FOR LOWER TARGETS OF 950 – 935 -890
LEVELS WITH STOPLOSS OF 1053 LEVELS ON CLOSING BASIS. THIS STOCK IS SHOWING
WEAKNESS IN WEEKLY CHARTS ALSO AND IT IS CLOSED BELOW ALL ITS MOVING AVERAGES
5<10<20<50<100<200 WHICH INDICATES WEAKNESS TO DRIFT DOWNWARDS
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