NeeteshJain

Tata Power - Channel Trade Setup

Long
BSE:TATAPOWER   TATA POWER CO.LTD
It is been observed on the daily chart that the price action is trending up in an uptrend channel . Now, the price action has touched and reached to the support level or line of the channel, forming a channel trade setup. It is usually a risk trade setup but most rewarding.

Target 1: 84

Target 2: 85

Stoploss: 81
Trade active

Comments

Hi Neetesh , Tata Power went down and closed at 81.85 ? Are you still keeping positive view on Tata Power ?
Reply
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