Tata Power- Buying pattern for big moveTata power following some pattern before moving upward.
Its taking support of 50 Moving average.
Tata Power after entering to RSI red zone enter in RSI green zone from below(Entering RSI red zone must for big move)
Stock cross above or touch 50 days Moving Average then it move up price RS-30+.
All three condition must be satisfied for big move.
This observation can be used for other stocks also.
Sharing personal observation do investment after consulting your financial advisor.
Please like & comment to motivate.
Happy investing :)
Buyingsignal
ICICIBANK INVERTED HEAD AND SHOULDER PATTERNI SEE ON 1 DAY ICICIBANK CHART THERE IS AN INVERTED HEAD AND SHOULDER PATTERN AND THE PRICE ACTION IS UP SIDE THE TREND IS BULLISH.
MY TARGET IS = 690, AND 740.
HERE I USE A 20 EXPONENTIAL MOVING AVERAGES WHICH DECIDES THE RIDING TRADE. IN THE BULL MARKET.