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Kundan Motwani

30th Aug ยท SEBI Registration INH000019354

TD Power Systems (TDPOWERSYS) โ€” Monday view ๐Ÿ“ˆ

TDPOWERSYS
TD Power Systems (TDPOWERSYS) โ€” Monday view ๐Ÿ“ˆ 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 โ‚น752โ€“โ‚น757, with immediate resistance near โ‚น760โ€“โ‚น761 and the 52-week high around โ‚น799. Moneycontrol +1 Trading setup: ๐ŸŸข Buy above: โ‚น762 with strong volume ๐ŸŽฏ Target 1: โ‚น780 ๐ŸŽฏ Target 2: โ‚น795โ€“800 ๐Ÿ›‘ Stop-loss: โ‚น740 โš ๏ธ If it fails to hold โ‚น740โ€“745, 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: ๐ŸŸข Strong breakout candidate, but confirmation above โ‚น760 is important. Educational technical viewโ€”not personalized financial advice.

#EquityResearch#SectorBreakouts#Pre-OpeningCommentary#TechnicalViews
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