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nikhilgodhani
Mar 7, 2021 5:03 PM

TATAPOWER in uptrend(BO & volume combo) Long

TATA POWER CO LTDNSE

Description

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
Comments
gshlok1
what's the upside target
nikhilgodhani
@gshlok1 if high break then we may see upside till 130-145
dilip1993
sahil_tiwari
can i buy at the current price or should i wait for today's high breakout?
nikhilgodhani
@st83497670 wait for breakout
Gotledu
Good one. This scrip has left me amazed in many ways
nikhilgodhani
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