Panchalk

Monthly time frame - Channel BO

Long
Panchalk Updated   
NSE:TATAPOWER   TATA POWER CO LTD
Tata power has potential to reach 135 if broader markets are steady for some time...it broke out many months ago...but the VOLUMES HAVE BEEN BIG ...since 2006 it has not traded with such big volumes...
Volumes market with blue arrow
targets - 135,145....This is an idea, NOT ADVICE TO TRADE. for longer term..
Comment:
last sentence - "for longer term" means think longer term..
Comment:
114-115 is a resistance area..only if it breaches that area it is good to make a big move.
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