TATAPOWER Trend Analysis

TATAPOWER looks to have settled down after a long rally, forming a Support line at 200 levels and a Resistance Line at 230 levels
I see two options from here on,
A) TATAPOWER cannot break its resistance and corrects to 220 levels and retries after a period of time
B) TATAPOWER breaks the resistance and touched 240 levels after which it corrects slightly
Please consult your financial advisor before making any decisions.
Trend Analysis

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