TATAPOWER - long term consolidation near to end

Mar 20

TATAPOWER

• Price above all EMA - strength in this falling market
• All near by resistance has been tested
• Good Lynch Score
• Energy sector also in demand

Warning:
Trading without knowledge depth, experience and proper risk management may be harmful. I am not a registered analyst, here I am only sharing my view to trading communities, this is not any recommendation.
Do consult your financial advisor prior any trade.

Mar 23

Trade active

Expecting a pullback is what going on ?
Look at the below charts with Delta Table, it shows long upper wick and huge buying where retailers were trapped.

and on 30 Min chart where selling pressure is currently vanished and need to check for absorption in tight range.

Apr 18

Note

Captured it nicely ???