TATA POWER POTENTIAL BEARISH GARTLEY SELL OPPORTUNITYTATA POWER HAS RECENTLY BROKEN IMPORTANT LEVEL OF INR 50 (ALSO PSYCHOLOGICAL PRICE LEVEL). WHICH SUGGESTS THAT STOCK IS MORE LIKELY TO GO DOWN EVEN MORE.
CHART IS FORMING POTENTIAL BEARISH GARTLEY OH H-1 CHART, WHICH WILL CONFIRM OUR BEARISH BIAS ON STOCK.
BEARISH GARTLEY
SELL ENTRY: INR 43.25
STOP LOSS: INR 47.35
TARGET-1: INR 39.65
TARGET-2: INR: 37.45