Tata Power is building support at current levels of 236-237.
At point 1, we can see a STRONG SUPPORT LEVEL (Trendline support in parallel channel as well as Fibonacci Retracement 0.236 support level.)
As we have already seen previously, TATA POWER has taken support and bounced back from these levels a few days back.
If the stock sustains and respects this strong support level, then a further upmove is expected. Levels can be seen from the colourful fibonacci extension charts. Stock has already seen a resistance in this zone, early this morning. You can go long here for targets till 250 and further to 270+ (Its ATH).
Even if stock remains in this channel, we can for sure look for an high till stock touches upper band in this channel.
** I am not SEBI Registered advisor. Kindly consult before taking trade. **
At point 1, we can see a STRONG SUPPORT LEVEL (Trendline support in parallel channel as well as Fibonacci Retracement 0.236 support level.)
As we have already seen previously, TATA POWER has taken support and bounced back from these levels a few days back.
If the stock sustains and respects this strong support level, then a further upmove is expected. Levels can be seen from the colourful fibonacci extension charts. Stock has already seen a resistance in this zone, early this morning. You can go long here for targets till 250 and further to 270+ (Its ATH).
Even if stock remains in this channel, we can for sure look for an high till stock touches upper band in this channel.
** I am not SEBI Registered advisor. Kindly consult before taking trade. **
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.