anuragcoma15

Tata Power - Bullish signal

Long
NSE:TATAPOWER   TATA POWER CO LTD
NSE:TATAPOWER has corrected nicely recently and presently at its support.
Stock has made a dogi at the bottom signaling its ready to change the trend and go bullish .

Buy TataPower above 78.65
Taget 80 / 81.5 / 85
Trade active: Keep SL of 77.20
Comment: Good jump. Crosssed the majorr resistance of 80
Next resisrance 81.30/50 (minor), 83.40 (major).
I expect Tata Power to reach at least 83 before any possible change in trend.
Keep SL at cost price
Comment: Stock is standing right at the resistance of 81.80 creating a dogi at the spot
Keep an SL of 80.30. Those who wish to have shorter SL can keep it at 81
Trade closed: target reached: All targets achieved.

Profit-> 84.95 - 78.65 = 6
Those whose traded inn 1 lot got profit -> 9000 * 6 = 54000
Cheers!