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ReviveTraders
Jan 5, 2021 4:17 AM

Tatapower | Descending Triangle Break | Volume surge 🎯 Long

TATA POWER CO LTDNSE

Description

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β­• Investment Trading opportunity ! Monthly Chart Alert !!!β­•

--Buy Above =78.35 or CMP
--Target = 96.60 | 116.80
--Stop-loss = 65.70
--Lot Size = 13,500
--R:R = 3.04
--Expected Profit = 5 lakh + β‚Ή per lot ( 49% )
--Expected Holding = around 1 year only
#ThankU For Checking Out Our Content , We Hope U Liked IT πŸ“Œ

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β­•Technical Reasons to trade or Strategy applied :- β­•

1) tatapower is the 2nd leading company after powergrid & has given a breakout with volume
2) Descending Triangle Breakout ,50 ema breakout , resistance breakout , Long term trendline breakout
3) fundamental is too good , checked everything correctly
4) Do your research as well & support & resistance is mentioned on the chart


Guys check out the related ideas as well, it will work really well GUARANTEED !

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πŸ‘LIKE if think is useful !
✍COMMENT Below your view !

Comment

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πŸ‘‡πŸ‘‡------Weekly CUP & HANDLE pattern --------πŸ‘‡πŸ‘‡

Comment

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πŸ‘‡πŸ‘‡-----Inverted head & Shoulder Pattern -----πŸ‘‡πŸ‘‡

Trade closed: target reached

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1st Target reached
24% GAIN

Trade closed: target reached

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2nd Target Reached 50 % GAIN
Comments
champvimal
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Great analysis . I am awaiting it to retrace a bit to 78 and buy.
ReviveTraders
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@champvimal, great decision made...thank you for commenting
Gotledu
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Bravo! Took back my investment and profits running to make more :) This was the best of your analysis. Thank you Mr S
ReviveTraders
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@Gotledu, thanks a lot ...yeah Tata power just showed such a bullish move already 24% Gain
Gotledu
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@TradeTheTip, Yup. the whole energy sector is on the BO this week. Reliance was on red bull :)
ReviveTraders
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@Gotledu, yeah ...we got the money tree, lets pick some of them
Gotledu
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@TradeTheTip, Bring it on mr S. You rock!
WX2113
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plz suggest btst call
srsidrana
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Brilliant analysis. I already bought Tata power at 75
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