TATA POWER CO LTD
Long
Updated

Cup & Handle base

Cup and handle base after a strong upmove
Strong RS with new high before price
Volume dry-up in the base indicating accumulation
Support on 50 EMA.

Not an investment/trading advise. Publishing for my own reference.
Note
Glad! Didn't entered as overall market was weak.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.