Tata Power

Date 05.02.2025
Tata Power
Timeframe : Day Chart

Remarks :

1 Forming bearish pole & flag pattern
2 Forming descending triangle flag
3 Pole & flag is supported by 5-3-5-3-5 wave pattern
4 Enter "shorts" moment price exits from flag
5 Keep targets as per extension drawn/plotted on charts for you all
6 Ideally wait for price to exit form descending flag, don't enter short in anticipation in advance

Regards,
Ankur