The stock is trading above all key EMAs, showing strong momentum.
After facing resistance near ₹475, it broke out in May, then briefly retested the ₹475–₹460 zone, which has now turned into solid support.
Now there is probability of another upside move.
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After facing resistance near ₹475, it broke out in May, then briefly retested the ₹475–₹460 zone, which has now turned into solid support.
Now there is probability of another upside move.
✅ If you like my analysis, please follow me as a token of appreciation :)
in.tradingview.com/u/SatpalS/
📌 For learning and educational purposes only, not a recommendation. Please consult your financial advisor before investing.
Trade closed: target reached
TDPOWERSYS has surpassed the target, gave 92p move within a couple of days, which is equivalent to 16% upside move.No noise trade.
Simple Price Action + one indicator = Good Result
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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.
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.