Search in ideas for "TATA POWER"
[TATA Power] 6.3% Profit achieved in 3 trading days, what next? In my post date 06-May-2020, I have suggested to go for SHORT on NSE:TATAPOWER (for short term gain). On 06-May, it was closed on Rs. 29 and I have suggested TARGET of near Rs. 27 , which it almost achieved today (11-May-2020).
Now it touched the support line of monthly parallel channel as marked in chart. So what next?
Will it take take trend reversal or continue to fall !? . What could be Target price in both case?? If you want to know, please comment, will analyse further and post an update.
consolidation breakout TATA POWERTata Power Company Ltd is primarily involved in the business of the generation, transmission and distribution of electricity. It aims to produce electricity completely through renewable sources. It also manufactures solar roofs and plans to build 1 lakh ev charging stations by 202
Turning Bullish: Tata PowerTata power recovered well from the support level of 402.
Bullish Momentum seen Above Short, Medium and Long Term Moving Averages
However, 20 EMA has to decisively cross 50 EMA to confirm the bullishness in weekly closing.
Key levels to watch: 442, 464, 472
Long term target: 490
TATA POWERBUY @ CMP
Tata Power is looking for buyers to make the profits, get ready for the following levels as targets
stoploss - 251.20
Targets - 262, 272, 279, 289
follow the levels to trade better
folllow my ideas for better updates
will update the next movement
all the ideas are for education purpose only