TATA POWER | REVERSAL | TECHNICAL ANALYSIS | SWING TRADETata Power showing a reversal in a downtrend in 1 H timeframe. Nice BUY opportunity!!
Buy around 123.5 to 124
Stop Loss around 122 to 122.5
Target 1 at 125.5
Target 2 at 127
Indicators used are Fibonacci Extension and Fib Time along with reversal signs in RSI in different timeframes.
Search in ideas for "TATA"
TATA POWER IS CONSOLIDATING CAN EXPECT A BREAKOUT TATA POWER HAS BEEN CONSOLIDATING AFTER A GOOD RALLY LST MONTH, SINCE THE COMPANY IS FUNDAMENTALLY REALLY STRONG AND THE COMPANY IS RECIEVING A LOT OF SALES AND NEXT GEN DEVELOPMENTS FOR ELECTRIC CARS. CAN KEEP THIS FOR LONG TERM AS WELL AS FOR SWING CAN EXPECT A GOOD RALLY TO 150-180 RANGE IN SOME MONTHS.
TATA STEEL LOOKING BULLISHTATA STEEL(D): Bullish penant breakout candidate, trading above 20 & 50 day EMA (shot-term)Bullish, RSI indicating price strength, macd is above center, ADX & MFI are very bullish. Chart is self-explanatory. I am not an expert, i am still learning. In the fast few months i have been analyzing/ practising charts in my leisure time, as we know practice makes a man perfect. If there's any mistake in this chart, do let me know, i am ready to learn from my mistakes, if you love it, do like it, as it will boost my confidence.
Tata Steel Bsl Intraday Trade Setup For Monday (5th July)Tata Steel Bsl made Flag Patter in the 15 Minute Time Frame.
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So it can give the move you can buy at 90 for the levels of 92.65 For Intraday purpose.
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What your views on this, Comment Below
Tata Power - Vibrant BreakoutTata power in 1hr time frame had a good breakout and taking a retracement in the trendline, so give an entry with appropriate Stop loss
Aggressive traders enter at the breakout and conservative traders may give entry after retracement
After reaching our targets, trail your stop loss to get maximum profit from the stock in a single trade
🔴DISCLAIMER
***** It's just for an educational purpose and so you must also follow your own technical analysis before taking up the trade ******
Tata Steel - 1hr breakoutTata steel Ltd had taken a clear breakout in 1hr time frame, so give an entry with appropriate Stop loss
Aggressive traders enter at the breakout and conservative traders may give entry after retracement
After reaching our targets, trail your stop loss to get maximum profit from the stock in a single trade
🔴DISCLAIMER
***** It's just for an educational purpose and so you must also follow your own technical analysis before taking up the trade ******
TATA STEEL BSL flag and pole patternTATA STEEL BSL flag and pole pattern can go long after trendline breakout.
good volumes appeared in last trading session.
Tata power go Long On Breakout of Elliot Wave 5Tata Power has already started minor elliot wave 5 , which will take it to 136, by July2-5 and 142+ by July 12-13.The strong trendline zone is acting as very strong support.
Bullishness in Nifty can even lead to an extended wave 5, leading to targets upto 150+ in July itself.
TATAMOTORS #cuphandle #cupandhandleTata motors has made cup and handle pattern in weekly time frame and it is about to give breakout . Good opportunity for swing trade .
Keep an eye on this .
Also in daily time frame it has broken a level . in daily tf also traingle pattern has been formed .
If good volumn comes in next coming days . Good return is on the way .
just it is my opinion consult your expert before taking any trade .
TATA STEEL Correction Done?Tatasteel took support from levels 1103...and then we saw good recovery
it is strong recovery from level of 1103 to 1155 which is 5% upside rally ....Not Bad
this shows that byuers are getting aggressive on metal stocks ...
Wait for levels of 1165 then go long with SL of 1130
On daily chart we can see pullback candle with good volumn...
TATA POWER: ON THE VERGE OF A GOLDEN CROSSTata Power is on the verge of forming a golden cross. A Golden Cross is a basic technical indicator that occurs in the market when a short term moving average (50-day) of an asset rises above a long-term moving average (200-day). When i see a Golden Cross occur, i view the chart pattern as indicative of a strong bull run.
Stock is near 52W high with significant volumes and RSI is also indicating price strength.
Target: 150
Horizon: 12W