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champtrade111
Mar 25, 2022 5:02 PM

TATA POWER -- Bullish W Pattern  Long

TATA POWER CO LTDNSE

Description

TATA POWER DAILY CHART BULLISH W PATTERN

1. Stock trendline support at 200 level
2. Double bottom Formation seen at 200 level
3. Formation of Bullish w pattern on daily chart
4. Resistance breakout seen last daily closing candle
5. short term target 260+


BUY TATA POWER @ 241.35

TARGET 260+ short term ( 1 Month )

stop loss 220

** THIS IDEA IS FOR EDUCATIONAL PURPOSE ..Trade at own risk !

HAPPY TRADING . !!

Comment

TATA POWER --1st TARGET 260 HIT -- 05/04/2022

Comment

Above 265 today !!
Comments
bmakhesana
NTPC, Bharti Airtel, petronet LNG ka bhi technical analysis kijiye sir
champtrade111
@bmakhesana, Bharti Airtel on daily chart seen trading range few months between 650 downside and 750 upside .
good support around 690-700 . from cmp 709 stop loss can be bellow 680 for target 730-750 IN short term . unless closing
above 760 ..trade in same range so profit booking can seen above 740-750 .
champtrade111
@bmakhesana, NTPC form BULLISH cup and handle pattern on daily chart urge of breakout above 136 current cmp 134.75, closing above 136 Can seen 145-150 in short term .
champtrade111
@bmakhesana, Petronet LNG form doji candle on daily chart at support level near 190-200 Upside 230-250 with stop loss bellow 180, CMP 195.55.
psyank281
Great analysis Champ
champtrade111
@psyank281, thank you bro.!
psyank281
@champtrade111, Sirji JPpower me fasa pada hua hun...kuch bata sakte ho?
champtrade111
@psyank281, daily chart at 6.30 level trendline support seen on JPPOWER so its on level to bounce from 6.30-6.50 keep stop bellow 5.75 .. IF TREND REVERSE FROM 6.50 .. then 8-10 can be target.
psyank281
@champtrade111 acha Sir🙏 Thank you for analysis
champtrade111
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