kacharts

tatapower HEAD and SHOULDER

NSE:TATAPOWER   TATA POWER CO LTD
breakdown - positional target 60-55
Order cancelled
Comment: pattern failed miserably

Comments

I don't think the patter is failed miserably (yet), the neckline is not on the start of right shoulder in the drawing, then the pattern is valid if you redraw it, also the volume is still bearish despite the spike in price, it's more of retesting of the neckline before it breaks down, the trend overall remains bearish in my view.
Reply
kacharts snagare
@snagare, check weekly candle once
Reply
boss tata power 77.5 me kal chhod diya loss book karke aj 6% up 81, now what view, 2 lot possition
Reply
kacharts divesh66
@divesh66, sir one thing whenever u make fno position that too high qty . before taking position please take sl also this i posted in eructation section to see ho will it move after forming such setup.
also u r messaging after market is closed . its going up since morning if got caught in such situation please message on priority basis
Reply
kacharts divesh66
@divesh66, i will exit if i would have take short
Reply
Home Stock Screener Forex Screener Crypto Screener Economic Calendar About Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter