TATA POWER ( LONG TERM)Tata power
Buy level- 105-110 Rs
Target price- 120-125
Period - 1 month to 3 months
Search in ideas for "TATA POWER"
Tata power longTata power in the point of break out of a bull flag pls buy after 109 can be considered for a sing trade or for tomorrow intraday aslo very high probability trade
Tata Power Chart AnalysisTata Power
cmp 108
Buy above 100
SL 89
Target 114 -130
Down trend channel breakout
MACD in +ve
RSI 65 ( rising)
TATA POWER - POSITIONALTata Power is the most hyped stock right now. it was getting rejected from the trendline from the past couple of years as you can see in this monthly chart. Finally it has broke the trendline and moved forward after retesting the trendline. You can add it anytime now and hold for the target of its all time high.
Tata Power – Conditional Trade (Long 124/Short 86)Tata Power is currently trading under its 50 DMA after a sell off in Indian Markets this week. The fact that they have dropped their solar power deal with Petronas did not help the situation.
Scenario #1:
Short IF:
Price breaks the overall bottom trendline (bold blue) with above average volumes.
Target price can be set at ~86.40, with a stop loss at 94.
Scenario #2:
Long IF:
1)Price breaks above 96.35 with above average volumes
2)AND continues to break the 50 DMA
3)AND finally continues to break out of the parallel channel
4)One can add more after price breaks through 103, 108 & 115.
Target Price can be set at ~124, with an initial Stop loss at 94 (can be adjust to trailing as necessary)
Note –
We should see the initial break outs within the next 20 days -
Based on overall trend, we can assume Scenario #2 will prevail.
Tata Power at 5 years breakout levelTata Power is at its 5years high level.Very probablity of breakout.Go long with 25% of capital now & above price 115 deploy remaining.
Tata Power 30%+ Profit Possibility for Long Term (Fibonacci)Tata Power correction has ended at 38.2 retracement level. As per the Fibonacci rule, it should touch 1.382 extn which is at 100 rs .
Fundamental of this company is strong and the promoters are increasing their stake.
This is only for educational purpose.
Tata Power Monthly BreakoutTata Power after a resistance on first breakout taking support on trendline made a Bullish Candle with High Volume.
Tata power will complete 3drive pattern have to wait and watchTata power can be bought at cmp with SL of 88 for target of 98.Look into the pattern
Tata power can be bought for target of 98Tata power can be bought for target of 98 with stop loss is highlighted in chart.
TATA PowerTATA Power has broken a multi year Wage Pattern, It will likely see a upward rally.
Based target is to get a 50% upside from here. One can Invest & sit tight.
#This is just for education purpose, Consult your financial advisor before investing NSE:TATAPOWER
TATA POWER VOLATALITY CONTRACTIONTATA POWER FORMING A PENNAT PATTERN. BREAKOUT ON EITHER SIDES CAN BE EXPECTED
LEVELS GIVEN ON CHART
TATA POWER BREAKOUT AFTER 12 YEARSTata Power has given a breakout from a channel patter after 12 long years. The stock is currently trading at fair valuation and with Electric vehicle push, the stock can be seen to scale new highs in this 2020-2030 decade.
Tata Power - CMP 77.1. Tata Power- CMP 77.1. It has gone up to 88 and corrected from there. It took support at 74.2 which is 50EMA and also has multiple support points at this price on daily chart. Can be taken with a stop loss of 72 for a target of 82, 88 very soon. It is also in the business of execution of solar power projects and government may give some sops in upcoming budget. Then it may go up. This purely for educational purpose and any investment shall be done based on the advice of financial experts.
