In my post date 06-May-2020, I have suggested to go for SHORT on NSE:TATAPOWER (for short term gain). On 06-May, it was closed on Rs. 29 and I have suggested TARGET of near Rs. 27 , which it almost achieved today (11-May-2020).
Here is multi-time frame analysis of TATA POWER:
One can clearly observe the price movement within the channel.
Breakdown of weekly channel due to prevailing economic slump, but expected to take support of monthly channel lower trend.
So, we can expect the...