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TDPOWERSYS
TD Power Systems (TDPOWERSYS) โ Monday view ๐
TD Power looks bullish, but it is already near its 52-week high, so I would not chase a gap-up. On Aug 28 it closed around โน752โโน757, with immediate resistance near โน760โโน761 and the 52-week high around โน799.
Moneycontrol
+1
Trading setup:
๐ข Buy above: โน762 with strong volume
๐ฏ Target 1: โน780
๐ฏ Target 2: โน795โ800
๐ Stop-loss: โน740
โ ๏ธ If it fails to hold โน740โ745, avoid the breakout trade.
Technical indicators remain positive: RSI is around 62 and the 5/20, 20/50 and 50/200-day moving-average signals are bullish.
Moneycontrol
Verdict: ๐ข Strong breakout candidate, but confirmation above โน760 is important.
Educational technical viewโnot personalized financial advice.#EquityResearch#SectorBreakouts#Pre-OpeningCommentary#TechnicalViews
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