Tata Power - Near Strong Support412-410 Temporary support
402-400 Strong support
Expecting stock to come near 400 levels before turning around and turning bullish
Stock may pause a little before turning
Any close below 398 will negate the view
Expect at least 450+ as 1st target and 490 second if plays around well
Trade cautiously
TATAPOWER
TATAPOWER 1D TFNSE:TATAPOWER broke a trend line and is moving around a demand zone. The market need strength to break this demand zone hence waiting for the entry is good. If the market breaks the demand zone with a good candle or if a retracement occurs the entry could be taken.
We have discussed this more on our previous post. You can view the previous post by clicking the attachment below this post.
Disclaimer:- This analysis is only for educational purpose. Please always do your own analysis or consult with your financial advisor before taking any kind of trades
Adani Power for 70% gainsDate: 01 Nov’24
Symbol: ADANIPOWER
Timeframe: Daily
The Big Question is - if Wave IV in Adani Power is now over? A higher high after a close above 675 will make it official. Is 570 a strong enough support? Looks like it. As seen in the chart, a circle has been marked as an accumulation zone. Wave V is likely to head to 1050 levels (70% from current price of 600); more clarity on target will emerge as it moves above 750.
Sept quarter results at operational levels were descent but because of lower other income and higher tax; Sept quarter of last FY looks stronger.
This is not a trade recommendation. Please do your own analysis.
HINGLISH VERSION
Bada savaal yah hai ki kya Adani Power mein Wave IV ab khatm ho gaya hai? 675 se upar band hone ke baad ek uchchatar oonchaee ise aadhikaarik bana degi. Kya 570 paryaapt majaboot support level hai? Aisa lagta hai. Jaisa ki chart mein dekha gaya hai, ek sarkal ko accumulation zone ke roop mein chihnit kiya gaya hai. Wave V ke 1050 ke star (600 kee maujooda keemat se 70%) tak pahunchane kee sambhaavana hai, jaise hi yah 750 se upar jaega, target par adhik spashtata saamane aaegee.
Operational star par September quarter ke nateeje achhe the. Lekin other income kam hone aur adhik tax ke kaaran; pichhale financial year ka September timaahee majaboot dikh raha hai.
Yah koi trade lene ki salah nahi hai. Kripya apana vishleshan svayan karein.
Tata Power for 20% gainsDate: 27 Sept’24
Stock: Tata Power
Timeframe: Daily chart
Tata Power seems to be in Wave V of 5 which is heading towards 580 levels (20% from current price of 485) as seen in the chart. It is then likely to go into a longer consolidation (a larger timeframe Wave 4) which I will analyse in due course. Likely to achieve this target by end of this year? (Yes, I would like to think so).
This is not a trade recommendation. Please do your own due diligence.
TATA POWERAll important points are marked.
𝐃𝐢𝐬𝐜𝐥𝐚𝐢𝐦𝐞𝐫: 𝐈𝐧𝐯𝐞𝐬𝐭𝐦𝐞𝐧𝐭 𝐢𝐧 𝐬𝐞𝐜𝐮𝐫𝐢𝐭𝐢𝐞𝐬 𝐦𝐚𝐫𝐤𝐞𝐭 𝐚𝐫𝐞 𝐬𝐮𝐛𝐣𝐞𝐜𝐭 𝐭𝐨 𝐦𝐚𝐫𝐤𝐞𝐭 𝐫𝐢𝐬𝐤𝐬, 𝐫𝐞𝐚𝐝 𝐚𝐥𝐥 𝐭𝐡𝐞 𝐫𝐞𝐥𝐚𝐭𝐞𝐝 𝐝𝐨𝐜𝐮𝐦𝐞𝐧𝐭𝐬 𝐜𝐚𝐫𝐞𝐟𝐮𝐥𝐥𝐲 𝐛𝐞𝐟𝐨𝐫𝐞 𝐢𝐧𝐯𝐞𝐬𝐭𝐢𝐧𝐠. 𝐒𝐭𝐨𝐜𝐤𝐬 𝐬𝐮𝐠𝐠𝐞𝐬𝐭𝐞𝐝 𝐢𝐧 𝐭𝐡𝐢𝐬 𝐠𝐫𝐨𝐮𝐩 𝐚𝐫𝐞 𝐟𝐨𝐫 𝐞𝐝𝐮𝐜𝐚𝐭𝐢𝐨𝐧 𝐩𝐮𝐫𝐩𝐨𝐬𝐞. 𝐖𝐞 𝐝𝐨𝐧𝐭 𝐦𝐚𝐤𝐞 𝐚𝐧𝐲 𝐩𝐫𝐨𝐟𝐢𝐭𝐬 𝐟𝐫𝐨𝐦 𝐭𝐡𝐢𝐬 𝐫𝐞𝐜𝐨𝐦𝐦𝐞𝐧𝐝𝐚𝐭𝐢𝐨𝐧𝐬 𝐞𝐯𝐞𝐫𝐲𝐭𝐡𝐢𝐧𝐠 𝐬𝐡𝐚𝐫𝐞𝐝 𝐡𝐞𝐫𝐞 𝐚𝐫𝐞 𝐜𝐨𝐦𝐩𝐥𝐞𝐭𝐞𝐥𝐲 𝐨𝐟 𝐟𝐫𝐞𝐞 𝐨𝐟 𝐜𝐨𝐬𝐭.
@tatapower range breakout done Swing trading concept NSE:TATAPOWER Swing trading concept
Range breakout strategy
Daily time frame
Duration 15-20 days
Breakout done with rising volume 📈🚨✔️
Stoploss at your risk
Do as directed
Do your analysis before taking any step
This is not trading recommendation or advise
Tata Power & Tata Communications: Dynamic Duo Poised for UpswingTata Power
The stock has shown a significant upward trend, reached at the 460 level, where it encountered strong resistance.
As a result, the price pulled back and found support around the 405 level, entered a consolidation phase.
During this phase, a Pole & Flag pattern developed on the chart, and with a recent breakout supported by robust trading volume, the stock is primed for further upward movement.
Tata Communications
Overall, the price is on an upward trajectory, consistently making higher highs and lows.
After hitting an all-time high close to the 2070 level, the price faced a notable rejection, resulted in a sharp decline followed by a consolidation phase.
During this period, an Ascending Triangle pattern developed, and the stock has recently achieved a successful breakout.
The current price action indicates that the stock is poised for another significant rally.
TATA POWER 470 CE - RiskyJust getting a hunch that this could do well in days to follow.
Exercise caution and stay true to the stoploss after crossing 2.35
TATAPOWER // Levels // 1 hour "Welcome to SkyTradingZone "
Hello Everyone 👋
TATAPOWER on a 1-hour timeframe
Support Levels: Look for recent lows where the stock price has bounced upward. For example, if Tata Power recently found support around ₹230, this would be a significant support level.
Resistance Levels: Determine recent highs where the stock price has struggled to break through. For instance, if the stock has faced resistance around ₹250, this level is crucial.
2. Trend Analysis
Determine Trend Direction: Analyze the general direction of the price movement over the past hour or several hours. Identify whether the stock is in an uptrend, downtrend, or moving sideways.
Support Levels:
₹440
₹435
₹430
Resistance Levels:
₹450
₹455
₹460
SPX Levels // 45 MinHello Everyone 👋
Support Levels:
First Support: 4,500
Second Support: 4,480
Third Support: 4,460
Resistance Levels:
First Resistance: 4,520
Second Resistance: 4,540
Third Resistance: 4,560
These levels are derived from technical analysis and can help identify potential entry and exit points for trading
Tata Power Company Ltd - Breakout OpportunityDate : 31-Jul-2024
LTP : Rs. 453.60
Next Resistances: (1) Rs. 464 --> (2) Rs. 521 --> (3) Rs. 613
SL : Rs. 412 on daily close basis
Technical View:
• NSE:TATAPOWER is in it's primary uptrend and was recently going through it's secondary downtrend.
• After touching the high of 464.20 on 3-May-2024, it has retraced 20% to 371.65 level.
• On 31-Jul-2024, NSE:TATAPOWER has broke out from its secondary down trend with higher than average volume.
• NSE:TATAPOWER is trading above 21 DEMA, 20 DMA and 50 DMA.
• RSI is trading in buy zone at 60.81.
• MACD is trading at 1.24.
• Looking good to start a new swing from here.
Disclaimer: I am not a SEBI registered analyst/consultant and not recommending anyone to take any BUY or SELL position in stock market. Investing in stock market is risky and one should do a self analysis and validation before investing in stock market. My ideas are published for learning purpose only and are available to everyone at no cost/charge.
TATA POWER FOR 465+Tata Power Company Limited is an Indian electric utility and electricity generation company based in Mumbai, India. It proudly stands as part of the illustrious Tata Group. Tata Power boasts an impressive installed electricity generation capacity of 14,707 megawatts (MW).
In past few weeks stock has consolidated and now I m expecting a bullish rally in this stock. NSE:TATAPOWER
CMP : 446
SL : 424
T1: 464
T2 : 480 :
T3 : 495
Note : This is not stock recommendation this is only for educational purpose.
Tata Power Company Ltd - Breakout OpportunityDate : 14-May-2024
Rating : Buy - Positional Trade
LTP : Rs. 430.35
Targets: (1) Rs. 464 --> (2) Rs. 506
SL : Rs. 385 on daily close basis
Technical View:
• NSE:TATAPOWER is in its primary uptrend and was recently going through it's secondary downtrend.
• After touching the high of 464.20 on 3-Mar-2024, it has retraced 15% to 396.55 level.
• On 14-May-2024, NSE:TATAPOWER has broke out from its secondary down trend with high volume.
• RSI has corssed 50 and is trading at 52.70.
• MACD is trading at 3.14.
• Looking good to start a new swing from here.
Disclaimer : I am not a SEBI registered analyst/consultant and not recommending anyone to take any BUY or SELL position in stock market. Investing in stock market is risky and one should do a self analysis and validation before investing in stock market. Ideas are published for learning purpose only.
Tata Power Company Ltd. - Positional TradeDate : 18-Mar-2024
Rating : Buy - Positional Trade
LTP : Rs. 392.75
Targets: Rs. 475
SL : Rs. 365
Technical View:
• NSE:TATAPOWER is in its primary uptrend since Oct-2023.
• After touching a life time high of 433 on 7-Mar-2024, it has retraced up to 16% to 365 level.
• NSE:TATAPOWER has broke out from its secondary down trend on 18-Mar-2024.
• RSI is at 53.83 and MACD is at 4.85. Both are indicating good momentum and strength to move the price up.
Disclaimer : I am not a SEBI registered analyst/consultant and not recommending anyone to take any BUY or SELL position in stock market. Investing in stock market is risky and one should do a self analysis and validation before investing in stock market.
TataPowerTata power on large timeframe is showing sign of heavy consolidation, some early signals are suggesting that it is rather a accumulation then distribution. Stocks is making Lower highs with slightly higher lows base formation on weekly timeframe.
Weekly RSI is giving a signal that it may soon give a crossover to its avg and pattern is suggesting that a breakout may be soon coming here as price has compressed heavily.
Keep this in radar.
TATA POWER 410 CE OptionsConsolidation after a downtrend.
Trend change contender.
Waiting for upward trajectory to begin.