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TATA POWER CO LTD
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TATA Power 24 May 2021, Intraday setup with symmetrical triangle

1758
This setup can be used for taking an intraday position, long or short, as the price shows its action. The setup is just my idea, please your own analysis and risk management for taking the position. Avoid taking a blind trade. Open to healthy criticism and feedback :)
Trade closed: target reached
Tata Power gave a breakout from the upper edge of the triangle to reach the target of 107.15.

Hope you all liked the analysis :)
dakshjain76
Also on:
Chart PatternsintradayretailtraderretailtraderstataTATAPOWERTechnical AnalysisTrend Analysis

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.
Chart PatternsintradayretailtraderretailtraderstataTATAPOWERTechnical AnalysisTrend Analysis
dakshjain76
Also on:

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.