Sell Tata Power with a stop at about 97.25: Mitesh Thacker

In a chat with ET Now, Mitesh Thacker, Technical Analyst, miteshthacker.com, shares his views on Tata Power.

What is your call on Tata Power?

I have got a sell on Tata Power it has broken a consolidation base, very similar to SAIL which broke below 105-100. So it has broken a support base at about 95 to 97 now heading downwards. It could go down to as low as 87 to 85 so this one can be sold with a stop at about 97.25.