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Saturday, 5 December 2020

Technical breakout of Tata Power & Biocon Ltd.

 Tata Power(Cmp-71.65)

Tata power's  weekly technical chart have created Inverted Head & Shoulder pattern & above Rs 63 price breakout strongly with significant increase volume.Investors & traders may take position here & continue to buy on dips with stop loss Rs.62  with target Rs.100 in short to medium term.


 Biocon Ltd. (Cmp-Rs. 442.65)

Biocon Ltd. Formed a Cup & Handle Chart pattern from 20th Sept'20 above this price chart pattern will be comlpleted & may rise to Rs. 500 in short term with stop loss Rs. 417.





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