TATA POWER | REVERSAL | TECHNICAL ANALYSIS | SWING TRADE
Updated
Tata Power showing a reversal in a downtrend in 1 H timeframe. Nice BUY opportunity!!
Buy around 123.5 to 124
Stop Loss around 122 to 122.5
Target 1 at 125.5
Target 2 at 127
Indicators used are Fibonacci Extension and Fib Time along with reversal signs in RSI in different timeframes.
Buy around 123.5 to 124
Stop Loss around 122 to 122.5
Target 1 at 125.5
Target 2 at 127
Indicators used are Fibonacci Extension and Fib Time along with reversal signs in RSI in different timeframes.
Note
Update 1Target 1 Reached in first 15 minutes (125.45)
Trade closed: target reached
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.