Deepak Nitrite is forming Cup and Handel patterns on the weekly and daily timeframes. Can expect a good move once the pattern completes. Hold for long
I'm just a beginner and learning stock chart patterns, do let me know any suggestions and possibilities for improvements.
I just started doing analysis, do comment if it lacks some learnings.
Tata Power has been In a bearish trend for the past couple of weeks. As the markets are also bearish, hold Tata Power for the long term as it gonna blast if it closes above the trend line breaking its bearish trend. Adopt buy on dip strategy and hold for the long term.
Expected an uptrend after a deep correction from 219. If it doesn't break its support of 170.4 can expect an upside with targets up to 196.
This is my first analysis, comment if it's right?
