Just starting, let me know for discrepancies. #mcx #power
GEECEE VENTURES CMP 192.35 cup and handle pattern seen on charts can initiate longs above 195 for target of 345
ADANI POWER pick as positional due to bullish technical indicators, stock recently get trend line breakout after consolidation around 95 to 100 level and give good upmove ..last 3-4 trading session nifty sharply corrected 700-800 points ..effect of which stock get corrected bit .. now around same level golden crossover as well as trend line breakout seen. this...
A massive breakout rally should begin in Jindal Steel and Power soon. It is a triangle pattern breakout and even horizontal trendlines are broken. Keep a strict stop loss at Rs.420 for targets of Rs.500-545-605 in the short to medium term. A decisive and strict stop loss is necessary in metal stocks as they tend to reverse sharply and are very cyclical in nature....
Reliance Power seems to take the brakeout the first breakout is at 24.40 second breakout is at 27.40 and third breakout is at 36.65
ADANI POWER as intraday pick as on 28/01/2022 due to BULLISH technical signals on 15 min, hourly, daily chart. stock had strong breakout after consolidation around 100 level and seen bullish indicators at current cmp .. stock trading exactly at 200 SMA support on daily chart, on 15 min chart stock trading above 20,50 SMA . bullish w Pattern seen on chart trend...
No Buy / No sale :::: ONLY VIEW :::: Its pure knowledge sharing Idea based on my study of Indicators which i follows... Tata Power : Daily : Near 50 DMA Weekly : 193 good support on weekly closing basis Monthly : Inverted Hammer Currently Stock have strong support of 213 on daily @ which it take support twice last week n reversed To me Stock is in Range...
TATA POWER if it breaks the support line then it might fall upto 200 level which was the previous consolidation zone support level. However one can see a fresh buying opportunity only after full correction completed.
IEX has a good support at 750 level and a strong resistance at 820 level. once 820 is broken then the target is 835 level.
tata power is looking good for swing trade in evry time frame ........... you can buy this share..... this may be ur diwali gift
Tata Power Fake breakout. keep an eye on it.............................
Market Cap ₹ 29,432 Cr. Current Price ₹ 29.3 High / Low ₹ 31.1 / 19.7 Stock P/E 8.68 Book Value ₹ 32.9 Dividend Yield 5.46 % ROCE 9.21 % ROE 10.0 % Face Value ₹ 10.0
We can observe an ascending triangle pattern Buying Price around 174-175 Target of 200 Stoploss of 165 or as per your risk tolerance Timeframe: 15-30 days Please do your own analysis before making any decisions and also let me know if I missed something. Let's learn together.
Consolidation almost over, Breakout coming soon RSI broken our, at levels of 52 Stop loss of 117 Hold for targets of 126,132,137,140
tata power can be a multibagger in coming years with the help of the recent electricity amendment bill and privatization of power units the stock fundamental can grow exponentially and so will the share prices. The current central government is trying to pass this bill soon and whereas another reason for the share price to grow is the EV vehicles . In India EV...
Inverted head and shoulder pattern spotted on hourly chart
Power sector requires coal, untill the renewables take the charge
triangle pattern breakout as well as price coming out of ichimoku cloud. closing below the horizontal line can be the stoploss and targets are marked on the screen.