Tata Power Company Ltd. shares falls 0.29% as Nifty drops
Shares of Tata Power Company NSE 0.17 % Ltd. slipped 0.29 per cent to Rs 86.9 in Wednesday’s trade. It hit a high of Rs 88.3 and low of Rs 86.45 during the session.
On the technical charts, the 200-DMA of the stock stood at Rs 56.8, while the 50-DMA was at Rs 78.66. If a stock trades above 50-DMA and 200-DMA, it usually means the immediate trend is upward. On the other hand, if the stock trades below 50-DMA and 200-DMA, it is considered a bearish trend and if trades between these averages, then it suggests the stock can go either way.
