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Tatapower Example

Dhananjay Deware
11/04/2017 0 0

Stock Marketing Trade- Tatapower as an example

 
Buy tata power with closing stop loss of Rs. 84. current market price 87-88. Target of Rs. 107 in one month. 
 
Reason 1 : supretrend daily -weekly- monthly (buy )
Reason 2 : profit booking seen as on 29-03 and 05-04-2017. ( buying opportunity on correction)
Reason 3: stock is trading above 200 exponential moving average of 78.
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