TATA POWER -- HOURLY CHART - INTRADAY SETUP --09/06/2022
1. W pattern chart formation on hourly chart
2. trendline breakout seen on hourly chart
3. histogram seen supply bar level decline as trend reversal sign.
4. RSI at mid range hourly chart 49 level
5. above 20,100,200 level on daily chart.
6. intraday support 230, 227 resistance 237, 240
BUY TATA POWER @ 233
target 235-237-240
stop loss 225
** this idea is for educational purpose ..trade at own risk !!
HAPPY TRADING !