Manish-Mishra

Tata Power- Buying pattern for big move

Long
NSE:TATAPOWER   TATA POWER CO LTD
Tata power following some pattern before moving upward.
  • Its taking support of 50 Moving average.

  • Tata Power after entering to RSI red zone enter in RSI green zone from below(Entering RSI red zone must for big move)

  • Stock cross above or touch 50 days Moving Average then it move up price RS-30+.

All three condition must be satisfied for big move.

This observation can be used for other stocks also.

Sharing personal observation do investment after consulting your financial advisor.

Please like & comment to motivate.

Happy investing :)

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