Tata Power Daily Chart - Breakout Trade

First target 260 and second target 280.

3 Parameter Strategy
1. Bollinger bands are squeezed and breakout of upper band
2. RSI is above 60
3. Macd is a bullish crossover

Trade Setup
Enter near the close of the signal candle.
First Target 260
Second Target 280
3parameterstrategyBeyond Technical AnalysisbollingersbandbreakoutTechnical IndicatorsRelative Strength Index (RSI)strategyTATAPOWERTechnical AnalysistradeTrend Analysis

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