Tata Power gives a chance for a long trade
Tata Power consolidated on a very low volume on the 200EMA for almost a month and has finally broken out on above average volume and has broken past the 50EMA on a small volume spike giving a long trade.
A favourable risk to reward of 1:2 by taking a target at the resistance zone and a
stop loss under the 200EMA
Keep It Simple
Tata Power consolidated on a very low volume on the 200EMA for almost a month and has finally broken out on above average volume and has broken past the 50EMA on a small volume spike giving a long trade.
A favourable risk to reward of 1:2 by taking a target at the resistance zone and a
stop loss under the 200EMA
Keep It Simple