Chandu_25

Tata Power Long term trend reversal #Learning

Long
NSE:TATAPOWER   TATA POWER CO LTD
As we can see, the long term bearish pattern is broken with the good volume . Again it has taken the support of the long term resistance trend line indicating that the trend reversal is confirmed. And again, it has give BO at resistance 63.5 with good volumes. We can expect the shares to reach 74 with resistances around 68 to 70.

#beginner
Thanks,
Trade closed: target reached: It has reached target of 74 today.

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