Tata Power: Formed Reversed Head & Shoulder Pattern

Jul 28, 2023

Tata Power has formed reversed Head & Shoulder Pattern.

#Current Price - 234

#Expected Target - 275

#Resistance Based Targets
- Target 1 - 233.5
- Target 2 - 240
- Target 3 - 247.5

#Support/Stoploss - 219

Pattern is forming on daily chart.

Disclaimer:
This idea is only for education purpose, Please consult your financial advisor.
I am not SEBI registered.

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Jul 29, 2023

Trade active

Pattern breakout already happened.

Now price should sustain above 234 to expect 240 as second target.

Aug 3, 2023

Trade active

Price reached over 240+(Target 2) and if it sustains there then we can expect 247(Target 3) as next target.

Sep 8, 2023

Trade closed: target reached

Target 4 of 276 is achieved today.