Tata Power - Channel Trade Setup

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It is been observed on the daily chart that the price action is trending up in an uptrend channel. Now, the price action has touched and reached to the support level or line of the channel, forming a channel trade setup. It is usually a risk trade setup but most rewarding.

Target 1: 84

Target 2: 85

Stoploss: 81
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Parallel ChannelTATAPOWERtradesetupuptrend

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