Short Tata Power as MACD has given a signal using the crossover
A long Bearish Marubozu was formed which has Engulfed previous 3 to 4 candles which shows high Bearish Momentum
RSI is at 34 level which shows there can still be 4 BPS fall so that Tata Power become oversold, we will capture that fall
There is a Possible Breakdown in TATA POWER as Shorts are Added at...
Here's something I've been using recently with andrew's pitchfork. If you use a 2x extension on the width rather than the pitchfork itself, then it often defines a trend line which helps to identify a head and shoulders pullback.
Ideally the head will go deep into the extension and then the right shoulder tags it after a retrace. The idea is the trade is entered...
Tata Power Co., Ltd. engages in the provision of power supply and transmission charges. It operates through Power, and Others segments. The Power segment is comprised of generation, transmission, distribution and trading of power, and related activities. The Others segment encompasses the defence electronics, solar equipment, project contracts or infrastructure management services, investment, and property development. The company was founded on September 18, 1919 and is headquartered in Mumbai, India.
This website uses cookies to ensure you get the best experience on our website. To learn more about cookies, including how to control cookies, please read our Cookies Policy.
TATAPOWER
