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TATAPOWER

Simple Trade Setup | TATAPOWER | 01-11-2021 [ INTRADAY]NSE:TATAPOWER Observations: 1) On daily time frame, we can see it took support from 21DMA. Please refer below chart : 1day Time Frame. 2) On 15min time frame, we can see that it is facing resistance from one trendline and keep on taking support from 200 level. Major support level is 200 Level. Breakdown of 200 level will make it bearish. Please refer below chart : 15 min Time Frame. ------------------------------------- Trade Setup for Date 01-11-2021: 1) Don't Jump in to trade at the beginning of the market. Let it get settle for 15-20min first and judge the price action. 2) Everything is mentioned on the chart. I hope it is easy to understand. 3) All the levels will work as support, resistance, entry and exit w.r.t price action near that level. 4) Avoid gap up or gap down chase. Wait and trade between levels. Please refer below chart for levels. Hope I made it easy to understand it. Do comment your doubt or suggestion. Note: Trade with Strict SL. It may or may not hit all the levels. So one can book profit / loss at respective level considering how price action works near that level.
NSE:TATAPOWER
by Trading_hawk
3
Tata Power: Is there a Power shortage?Tata Power Red Line resistance levels Yellow line is neutral line and Green line is support line High made yesterday was 267.85. From there we saw a huge selling pressure which indicates Bulls were happy to book their profits at those levels. Given the set up trading strategy that may be considered Sell Tata Power 28 Oct expiry 270 Call Option currently around 7.3 The strategy has max profit potential of Rs 49275/- (yield potential of 12.5% on margin requirement till 28 Oct) The strategy covers risk for a rise in stock price up to 277.3 till expiry (which is 10 points higher than the high made so far) 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
NSE:TATAPOWERShort
by indiamarketoutlook
2
TATA POWER Triangle patter breakout Tata power Shows good upmove after correction today and at closing triangle breakout pattern seen 15 min chart, at same time breakout line at good support line so both this indication are showing upmove continue to next target 235-250 in 2-3 trading session whereas today sgx nifty also sign positive opening tomorrow, long position build up from here till 18500-18600 for nifty. this analysis purely on technical basis, advice to take your own call after study at own risk.
NSE:TATAPOWERLong
by champtrade111
2
MULTI YEAR BREAKOUTTATA Power is trading at its all time high, Same as the Energy sector which is stronger than other indices. this stocks has given a breakout from a very old resistance of year 2008. During the uptrend, volume has been building up since april 2020. In the weekly chart, breakout candle is very strong so for the entry trade can be taken at current levels with a SL of 135 (130 for a safer side)and expecting a target of 250, if price gives any retracement near 145 to 150 more quantity can be added. Since we are analyzing this stock on the weekly chart min time span for the target is 3 to 6 months.
NSE:TATAPOWERLong
by anuragsahu614
Elliott Wave analysis in TATA POWER !! we can see the chart off TATA POWER currently obeying three Wave of Elliott Theory - Wave (2) retraces Wave (1) about 21% (we can call it as flat correction) - Whereas Wave (3) retraces Wave (1) about 163% (which is exact % of Elliott Wave Theory) - by the way we can expect Wave will retraces about 100% Wave (1) n , that will be short term Target of 210 - expected Wave (4) will retraces about 50 % n, here is our ENTRY in between 172 to 184 - with the STOPLOSS of 167 just below the crucial short term support level - Volume also obeying with Elliott Wave Theory - i hope that it will help a lot , do like n follow for more have a nice day ...
NSE:TATAPOWERLong
by agasthya_d
7
Tata Power : The making of a possible multibaggerAn interesting behavioral pattern is in continuous formation on monthly charts of #tatapower 1. Since its listing (available chart data) it remains in a consolidation box for about 1852 days 2.Ending this consolidation phase, it enters a parallel rising channel that spans all along 1248 days 3.After this parallel rising channel it again enters in a massive consolidation box that lives a length of 4566 days 4.Breaking this consolidation phase with a landmark of lowest price in five years it enters in an uptrend where it begins to form yet another parallel rising channel, this parallel rising channel as of today has reached 548 days 5. Since last seven months it has been forming an upward move with a higher low pattern,no low of previous months is broken in any of these seven months 6. Currently it is trading well above all the moving averages (specifically 9, 13, 21, 25, 50, 100, 200, 365 EMA) 7. As of today, the Stochastic RSI is 100.00 8. MACD is in a bullish crossover since Sep '20 and the all green histograms are onto a new peak formation frenzy 9. Since Mar '20 the trading volumes are registering life time high numbers How often do we find such awesome chart patterns ?? Views and opinions solicited !
NSE:TATAPOWER
by harshad_009