Tata Power - Looking good for breakout!

Cập nhật
The stock in long term consolidation phase but set up look positive for near term breakout.

Weekly Chart- The price consolidating in channel since Oct’21 and pole & flag pattern clearly visible in chart. The flag breakout will generate a significate return on long term basis, approx.to pole distance i.e., 55%.

Daily Chart – The breakout with bullish candle & volume and 20 ema continuously supporting the price at lower level.
ảnh chụp nhanh

Thanks
-AJ

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Ghi chú
price closed below ema 20 and support trendline.

Be cautious !!

ảnh chụp nhanh
Giao dịch được đóng thủ công
Close the trade (if any) as per price action.

Stop loss below RS 213 !!
Ghi chú
ảnh chụp nhanh
Giao dịch đang hoạt động
ảnh chụp nhanh
Ghi chú
momentum !!
ảnh chụp nhanh
Đóng lệnh: đạt mục tiêu
target 1 achieved !!
Chart PatternsTechnical IndicatorsTrend Analysis

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