Now let's take a look at what does technicals have to say about #Tatapower ( Thread 🧵)
Made ATH of 160 back in 2008, since then has been in a downtrend which ended in march 2020.
Since then has risen almost vertically with out any correction or consolidation.
(Continued)
Made ATH of 160 back in 2008, since then has been in a downtrend which ended in march 2020.
Since then has risen almost vertically with out any correction or consolidation.
(Continued)
https://twitter.com/icanseeyourpix2/status/1439544496216150016
140-160 is a very strong supply zone and will take a break before crossing this level. ( According to me)
If we apply Fibonacci from 2008 high to march 2020 low.
Target comes around at 240 level. But for that need to cross 160.
Will take a look again once it crosses 160.
If we apply Fibonacci from 2008 high to march 2020 low.
Target comes around at 240 level. But for that need to cross 160.
Will take a look again once it crosses 160.
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