Tata Power: Bullish cup and handle

Zaktualizowano
Tata Power is trying to move away from its 16 weeks of price consolidation.

There's a visible formation of a cup and handle chart pattern.
Can see a probable bullish price movement above the all time high level of 267.

Strong RSI and MACD lend support to bullish bias.

However, always keep a strict stop loss of 5-8%.

Note: Analysis only, Not a buy or sell recommendation. Please do due diligence and consult your advisor.



Zlecenie aktywne
267 achieved.
Cup And HandleParallel ChannelSupport and ResistanceTATAPOWERtatapoweranalysistatapowerbullish

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