WEEKLY CHART OF TATAPOWER
Market saw slight gains in volatile week, Midcap and Smallcap outperformed.Yesterday Market closed at marginally side. The market continued to give mixed signals with the announcement of the HDFC-HDFC Bank merger at the beginning of the week. On the other hand, in the last trading week, the Fed showed an interest rate hike and the RBI did not change rates. Nifty opened yesterday morning at 17698 and after making high of 17831 finally closed at 17800 with a gain of 144 points.
Tatapower's performance this week was superb. TataPower Products is maintaining higher top, higher bottom formation on all the time frames . At the beginning of the week, this stock opened 248 Rs. and in the middle of the week made a high of 293 Rs .end of the week finally closed at 278 Level. Overall, this stock is up to 13% in this week.
The top loser this week RBL Bank showed the biggest decline . .The stock recorded a decline of 7.75 %.Monday morning stock opened from 138 and went down to the level of 126 and closed at 128 on Friday.
TOP LOSER OF THE WEEK :- RBL BANK , ESCORT , TRENT
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