Foram_Chheda_CMT

Buy TDPOWERSYS -- Delivery -- Target 255

Long
NSE:TDPOWERSYS   TD POWER SYSTEMS P
NSE:TDPOWERSYS

After a protracted downtrend, the stock is seen forming a potential bottom. Weekly MACD has reported a positive crossover. RSI is seen marking higher highs and a bullish divergence against the price is observed. In an attempted to reverse the trend, the prices may test the 200-WMA in a technical pullback.
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