nikhilgodhani

TATAPOWER in uptrend(BO & volume combo)

Long
nikhilgodhani Updated   
NSE:TATAPOWER   TATA POWER CO LTD
My study on Tata power

Example of Volume and breakout combination

Add on dips stock

From Consolidation to uptrend
Candle 1 is BO candle after 97 days Consolidation
Healthy candle with decent volume
follow-up volume is also good

Candle 2 was again BO candle with good volume

Candle 3 was Trade line BO with volume

now it was gap up which is showing strength with
Trade active:
not given closing above 114
stock currently consolidating
volumes almost drying up
so add on every dip

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