TATA POWER CO LTDShort
TATA POWER will be a good buy soon
Updated
Please follow the levels marked in the chart which is based on following observations :
1. Triangle pattern in a 2H chart.
2. RSI declining divergence on a Daily chart
3. Declining volume or buyers.
Initiate sell position only on down break-down with a good 7% move. Check for a retest on a 30Min or 1 Hour chart as well!
Aggressive traders can short now as I have with strict stop-loss. Risky trade !! opposite to trend.
~Can contact me at +91-9789598340 (whats-app only)
1. Triangle pattern in a 2H chart.
2. RSI declining divergence on a Daily chart
3. Declining volume or buyers.
Initiate sell position only on down break-down with a good 7% move. Check for a retest on a 30Min or 1 Hour chart as well!
Aggressive traders can short now as I have with strict stop-loss. Risky trade !! opposite to trend.
~Can contact me at +91-9789598340 (whats-app only)
Note
it never broke down the pattern , sell signal did not initiate.
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