TATA POWER - BreakoutTATA Power :
Good breakout in progress
Sustaining 250 is crucial for further possible strong upmove
Search in ideas for "TATA POWER"
Tata PowerTATA power looks good , has formed bullish wedge . place stoploss around 240. expected target 256, 294.
TATA POWERTATA POWER was in a rising wedge that, after falsely breaking out to the upside, has now broken to the downside is currently retesting the rising wedge's bottom trendline. With that a possible head and shoulder pattern is in formation and if broken could see another drop of 30-45% from the neckline.
Tata Power Cmp 224.15 dated 22-8-2022Tata Power Cmp 224.15 dated 22-8-2022
1. Ascending Triangle break down below 222.
2. RSI already had trendline breakdown
Sell below 222 for a tgt of 215-210-205-200-190
SL 238.
It is just a view, pls trade at your own risk.
TATA Power - CMP 236 buy for Target 270-290- 330-360-390-450-500TATA Power - CMP 236 buy for Target 270-290- 330-360-390-450-500+
Can buy 240 ce for 15 days holding purpose CMP 5 rs
2-3 years holding purpose
SL 212 below candle closing basis
tata powerTATA POWER ....
1 - forming inverted h&s
2 - good volume
3 - price trading at 200 ma
4 - near 2 month consolidation Bo
5 - bullish rsi 60
Tata power - inverted H&S pattern Tata power formed like a typical inverted H&S pattern
Keep this stock in your radar!
TATA POWER - Short-term Swing callTATA POWER - Short-term Swing call
1. Double bottom formation.
2. If it moves upwards and opens and closes above 215 then the target will be 235.
3. It's a short-term trend, not for the long term.
Note:
1. I’m not a SEBI Registered advisor, my research is personal and for educational purposes only.
2. Always check with your financial advisor and take the trade as per your risk/reward ratio.
3. Follow me for more patterns and like, and share so that we feel it is helpful to many and share more patterns...
Tata Power - Possible distribution scenarioTata Power is printing almost a textbook example of Wyckoff distribution. I have attached the distribution schematic for reference. The range low would act as the last point of supply and the price should get rejected from it.
Over the next few months, it may head towards the 150 level.
Disclaimer : This is NOT investment advice. This post is meant for learning purposes only. Invest your capital at your own risk.
Happy learning. Cheers!
Rajat Kumar Singh (@johntradingwick)
Community Manager (India), TradingView
Tata Power Weekly analysis Tata Power made a high of 298 Rs. in April but does not sustained above level and break the strong support of 200 level after a long period of consolidation. i.e 250 days. The first support will be 150 and next is 130.
Tata powertata power in previous sessions its is bullish now its hold and breaks down an imp support zone with strong bearish cand;e
Tata power showing bullish divergence in Daily chart.Tata power started showing bullish divergence in Daily chart. But price should break resistance at 240-245 to make it bullish.
Tata Power is primarily involved in distribution of electricityTata 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 roofsamd plans to build 1 lakh ev charging stations by 2025
Tata Power BreakoutTata Power Breakout with good volumes after 5 months of consolidation. Might do 320 soon.
SL - 249
views are educational.
Tata PowerTata Power is at support line followed by morning star before 2 days still wait for confirmation
FOR EDUCATION PURPOSE ONLY
Tata power @ 259 target 270++Tata power has good open interest setup for longs hence target of 270 ++ is possible shortly
Tata Power creating a Darvas BoxTata power has been consolidating from Oct 11 creating a Darvas box and the box has been breached creating a new high with volume making it an opportunity to go long
The company is expected to give a good quarter
The company has been maintaining a healthy dividend payout of 33.36%
Stock is trading at 4.18 times its book value
The company has a low-interest coverage ratio.
The company has delivered a poor sales growth of 1.94% over the past five years.
The company has had a low return on equity of 2.14% for the last 3 years.
Earnings include another income of Rs.3044.45 Cr.
Trade only on YOUR DUE DILIGENCE
Tata Power BreakoutTata Power 1D
260 - 240
Value Buying
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Tata Power Cmp 290 dated 6-4-2022 Positional Tata Power Cmp 290 dated 6-4-2022
1. Flag Pattern on chart BO 271
2. Rectangle BO @ 271
3. Volume Surge
4. RSI BO
Buy for a tgt of 340-365-425 SL 255
Disclaimer :
I am not a Sebi registered Analyst so please do your own Analysis before taking any action, The above view is shared just for educational purpose. By no means shall be responsible for any losses amounting out of it incase if any trades on it.
It is just a view, pls trade at your own risk.
