Novicetrader2015

TATA POWER - Swing (Fibonacci Retracement)

Long
NSE:TATAPOWER   TATA POWER CO LTD
Stock has risen from Golden Fibonacci Level of 38.2%. If sustains above TL and crosses 111 on Daily candle close then can target levels of 115, 120 and 125
Comment: First target reached in 1 session only. Can book 40%
Trade closed: target reached: 2nd target also hit, can book 80%. Awesome swing trade
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