Their is a cup and handle kind of a pattern in TATA POWER and the share is above the demand zone. The stock can be bought at the current levels with a target of around 267 with a stoploss of 233.
The Risk to Reward ratio is about 1:4.48
Since the stock forms head & shoulder pattern, thus we can expect the stock to slip till 200 dma.
One can short the stock when it gives a close below the support line and can expect a target of around 200 dma.
Gold chart is forming a symmetrical triangle pattern on weekly time frame. If the stock gives a breakout above the resistance line then we can see a great move in this.
The trade should be made with a proper Target and Stop loss as I showed you in the chart. The above analysis is purely a swing trade for education purpose.