Roswin-Fernandes

TATAPOWER--> POLE & FLAG BREAKOUT

Long
NSE:TATAPOWER   TATA POWER CO LTD
TATAPOWER

TECHNICAL ANALYSIS
--> TATAPOWER had made a impulsive upmove earlier and was consolidating in Flag Pattern since 6 months.
--> TATAPOWER has given a breakout from a POLE & FLAG Pattern.

ENTRY
--> Take a postion when stock gives 1 HR closing above 280.

STOPLOSS
--> SL can be placed below the Breakout Candle which is 249.

TARGET
--> Target will be the height of the Pole.

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