Tata Power Analysis by Richman ChestTata Power looking good for tomorrow. can take tgt of 267. If break the level of 267. we can see a fresh breakout.
TATAPOWER
TATAPOWER - ON VERGE OF BREAKOUT The stock is at a very good resistance level, breakout, and if close above 250 - good opportunity to enter.
Educational purpose only
Trade on your own risk with proper money management
Tata Power: Sector: Power - Generation & DistributionTata Power Company Ltd is India`s largest private sector power utility with an installed generation capacity of over 2785 MW. The company has emerged as a pioneer in the Indian power sector, with a track record of performance, customer care and sustained growth. Tata Power has a presence in all the segments of the power sector viz generation (thermal, hydro, solar, wind and liquid fuel), transmission and distribution.
CMP: 233.10
Target : 266
Breakout Trend line. and also has support on 200. complete Elite wave theory. Company plan to complete renewable source within 2024 itself to chances to profit more.
Important Note: The content Provided in our ideas only educational purposes. Please do not consider this as a financial Advise. You must consult with your financial advisor before Investing.
TATA POWER READY TO FLYVery nice inverted head and shoulder on the hourly, preceded by small candles representing consolidation. I would go LONG ON TATA POWER!!
TATA POWER BREAKING OUT!!Looks like Tata power after brief consolidation near its ATH is ready to fly. I would keep a tight sl near its support and GO LONG!!
( Swing )-----#TorrentPower---- Rising Wedge pattern BOMulti timeframe Bo + parallel channel pattern BO + good volume + trading above all MA
Buy Point = 586
Target = 672
Stop-loss = 539
Tatapower breakout buy @230Hi guys, I hope you all are doing well.
Tatapower has given a breakout of the upper resistive trendline and all together a breakout of the symmetrical triangle pattern which also looks to be a part of a bigger flag & pennant pattern.
Buy above - 230
Targets are mentioned in the chart above
The best part is that cnxenergy has recently given a breakout after a long period of consolidation from it's flag and pole pattern.
CNXENERGY BREAKOUT-energy stock bullishThe energy sector of our market seems to have given a breakout, it has been in a consolidation for a while now and has shown a healthy correction of 50% according to fib retracement.
The pattern it formed was an ideal flag and pole pattern which is a pattern that gives a good momentum when its broken and gives a rally of equal to it's last rally.
The RSI stands at 58 and is indicating bullishness.
MACD is above the signal line.
I believe it's a good opportunity to go long on energy stocks
Below I have posted some charts of the energy sector stocks, do have a look at them, these charts are not provided to take trades on them but just to get a better understanding of cnxenergy.
Tatapower:
Jswenergy:
Powergrid:
Adanigreen:
Tata PowerEverything self explanatory on chart
Close above trendline as well above 50 Dma
Clean setup
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial adviser before taking any trade.
tata power...on the uptrend !!The stock has came out of consolidation phase and is expected to reach the targets shown on chart. The budget is expected to give a boost to the power sector too....so be hopeful!!
Tata Power AnalysisTata Power is just another Tata Company which gave stellar returns in 2021.
Again the chart setup looks pretty tempting.
As shown in the chart, the stock is facing resistance at 236-237 area, above which it can rally upwards.
Keep an eye on this stock.
TATA POWER Descending Traingle pattern - Breakout 1DAs i've already posted an analysis on TATA POWER creating it's Descending Triangle Pattern, Now it has broken this pattern and creating a new upward rally. I am hoping for TATA Power's new lifetime High Soon. There is more positivity in Tata Group due to IPL Sponsorship. Tata Power is also good opportunity for Investment Purpose .
Chart Analysis of Tata Power (8 Jan 2022)Descending triangle breakout done on weekly basis.
Energy sector looking strong for upcoming weeks.
Target 1 : 268
Target 2 : 308
SL : 210 WCB
Only for educational purpose. Not a recommendation.
Triangle Pattern breakout is expected in TATA POWERTATA POWER formed triangle pattern and preparing for breakout. Also formed bullish engulfing candle. Can go long if it sustains above 231. Also you can hold for the mentioned targets keeping stop loss below 214.
tata power longif tata power breaks the resitance level of 230_232 and sustains on a daily time frame over it
then its a proper breakout t1-260 target 2 - 300
for educational purpose only
im not a sebi registered person please ask your financial advisor before entering
Tata Power: At crucial resistance levels & trading strategyTata Power
- The stock is at crucial trendline resistance
- 216 is an important support level which if broken would lead to further fall
On the upside 230-236 odd levels has the potential to act as resistance
Given the set up, one may consider a Bear Call spread strategy.
Take care & safe trading...!!!
Disclaimer
- The view expressed here is my personal view
- Past performance is not a guarantee for future predictions
- Use this for educational purpose
- Any decision you take, you need to take responsibility for the same
- It's your hard earned money. Treat it wisely
- Trade / Invest keeping in mind your trading style, goals and objectives, time horizon & risk tolerance
- if trading in F&O, understand that F&O trading involves risk
- Do take proper risk management measures
- Do your own analysis and consult your financial adviser if need be
Swing Trade Idea for Tata PowerForming a symmetrical triangle in daily timeframe, once it breaks out we will see targets as per below. Always keep a stop loss. If targets are hit keep booking profits since with the importance of entry, exit is also important.
Entry: 226
t1: 252
t2: 268
SL: 213
TATAPOWER Trade Setup For Tommorrow
Intraday pick for Tomorrow - 27-12-2021
stock name : TATAPOWER
Time frame : 15 minutes
Wait for proper breakout and retest for entry.
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Tata Power company LimitedTata Power is in Upward Trend. Formed a hammer over 20 EMA. Taking probable support. RSI also crossed Sweet 60.
Time to enter a long trade.
Please note idea is for Educational Purposes only.
Any losses you make are entirely your own.
The author is not responsible for any such losses.
TATAPOWER SHORTI hope you can now see how TATAPOWER represents an excellent low risk profit entry setup allowing you to trade in the market.Take positions so that the risk/reward is in your favor.
Knowing why, where & when a strong reversal signal is being generated will be the only way to capitalize on your technical analysis .
Disclaimer: It should not be assumed that the methods, techniques, or indicators presented in these chart will be profitable or that they will not result in losses. There is no assurance that the strategies and methods presented will be successful for you. Past results are not necessarily indicative of future results. You should not trade with money that you cannot afford to lose. Examples presented in these charts are for educational purposes only and it should not be assumed that these are indicative of ordinary trades. These setups are not solicitations of any order to buy or sell. The publisher assume no responsibility for your trading results. There is a high degree of risk in trading.
