Tata Power - Bullish Cypher Pattern

It is been observed on the daily chart that the price action forms a bullish harmonic pattern called cypher pattern where the Leg D is reaching 78.6% retracement levels. Now it shall retrace back to 38.2% of CD leg. The pattern shall be validated unless it breaks below the stoploss placed at previous support levels.

Target: 78
Stoploss: 72.50

Dagangan ditutup: hentian tercapai