Tata Power- Buying pattern for big move Long

TATA POWER CO LTDNSE

Description

⋅ Jul 29, 2021 4:25 PM

Tata power following some pattern before moving upward.

Its taking support of 50 Moving average.
Tata Power after entering to RSI red zone enter in RSI green zone from below(Entering RSI red zone must for big move)
Stock cross above or touch 50 days Moving Average then it move up price RS-30+.

All three condition must be satisfied for big move.

This observation can be used for other stocks also.

Sharing personal observation do investment after consulting your financial advisor.

Please like & comment to motivate.

Happy investing :)

Comments

RetailSwingTraders

⋅ Jul 30, 2021 12:17 AM

very good analysis sir. i have one question.
how you were able to draw this vertical line on RSI as well as on stock chart

Manish-Mishra

⋅ Jul 30, 2021 4:23 AM

@RetailSwingTraders, Thanks :), Go to option trend line tools (top left option) ===> Vertical line.

RetailSwingTraders

⋅ Jul 30, 2021 4:27 AM

@Manish-Mishra, Thanks sir, i wasted lot of time in drawing vertical line and was not aware of this feature

Manish-Mishra

⋅ Jul 30, 2021 4:48 AM

@RetailSwingTraders, Happy to know you found solution. Thank you :)

Manish-Mishra

⋅ Oct 6, 2021 5:51 AM

hope few people enjoyed this handsome profit ✌️🤟

sankaralingam527

⋅ Aug 1, 2021 7:19 AM

SIR, Please mentioned stop loss also.

Manish-Mishra

⋅ Aug 1, 2021 5:40 PM

@sankaralingam527,