KetanM

Multiple patterns in Tata power weekly chart

Long
NSE:TATAPOWER   TATA POWER CO LTD
490 views
17
Weekly chart providing multiple patterns.
1) Weekly TL(blue)break out, pullback and continuation up move.
2) Inverted head and shoulder pattern
3) Strong support and resistance level. Just closed above the resistance.
Recent volumes are also high. Looking good for long entry.
For educational purpose.

Comments

Great Chart. Cogent Analysis. Would your SL be below 51.60 level and T1 above 77 levels? Please give an insight into how you would enter and execute the trade.
Reply
Solid breakout
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