NSE:TATAPOWER I am posting this as one of the follower on twitter requested. Observations: 1) On 1day time frame, it is now back above 21DMA. Major support is at 220 level. And if it sustain above 21DMA then we can see upmove to continue. 21DMA is placed at 231.42 level range. Which will work as immediate support. Today's volume was slightly lower...
NSE:TATAPOWER Observations: 1) On 1day time frame, it is trading above 21DMA and 21DMA is immediate support. Breakdown of it will make it bearish. 21DMA is placed at 231.04 level. So we can say that 230-232 level range is immmediate support zone. Please refer below chart : 1 day Time Frame. 2) On 1day time frame, we can see it gave breakdown of the...
Tata Power is building support at current levels of 236-237. At point 1, we can see a STRONG SUPPORT LEVEL (Trendline support in parallel channel as well as Fibonacci Retracement 0.236 support level.) As we have already seen previously, TATA POWER has taken support and bounced back from these levels a few days back. If the stock sustains and respects this strong...
NSE:TATAPOWER #TATAPOWER Formed flag pattern !! All the level marked on chart !!
LEMON Tree started consolidation move, trapped in Ascending Triangle pattern since late 2020. This consolidation broke out in Late September. Coincidentally I also found out that the stock is also following a Parallel Channel Consolidation, as visible from chart. The stock is now consolidating near upper band of this Channel. A probable breakout from this point,...
NSE:TATAPOWER Observations: 1) On Daily time frame, it has been trading above 10DMA. 10DMA is placed at 231.89 level. Immediate critical support range is 230-235 level range. Breakout level is 250 level. Please refer below chart : 1 day Time Frame. ------------------------------------- Trade Setup for Date: 15-11-2021 1) Don't Jump in to trade at...
tata power strong structure on hourly box breakout after pull back has been succesfully retest out crossing above 248 with volume will give good momentum up move
I 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...
tested resistance multiple times in hourly time frame if breaks targets should be 245 and 261 remember there is positive news in the market about tata power too... trade according to your risk appetite I am not responsible for anything you gain or lose only for educational purposes and not a buy or sell call, buy or sell on your risk.
after giving close to 60% return and achieving our target , tata power is set to make another leap of the bull trend
After touching high of 267, the price retraced to 201. After a tight consolidation we now seen an upward movement. Initial target is 268, after which the price can touch 297. Around 297-300, I feel the momentum might slow down and extreme caution is to be exercised in case of new positions, since the stock has already given a substantial move. However, I am...
The stock is at crucial resistance levels Given the set up one may consider to sell 25 Nov expiry 260 Call option currently around 7 Strategy has max profit potential of Rs 47250- per lot and has in built loss protection for a rise up to 267 Take care & safe trading...!!! Disclaimer - The view expressed here is my personal view - Past performance is not...
Observing 15 min charts of 9/11/21 gives a solid breakout from 233-35 levels. With big volumes, the stock is now consolidating in 15 minute charts. The chart structure stands strong, and hence a further upmove is assured. SL at 235. *Not a SEBI Registered Advisor. Kindly take advices from your financial consultant before taking trade*
VCP in play Bullish breakout at 235 (with volume) Risk to Reward excellent View negated below 228 CLBS
Hi everyone this is pure sipmle analysis how many of you agree/disagree plz comment and like Thanks
Tata Power analysis - 1. Major Support - 200. Major Resistance - 265 zone. 2. Past trend - Up, strong selling from 267. 3. Current momentum - Every time since 21st October faced selling from 235 and made lower low but on 3rd November failed to continue lower. We may have change in structure if it sustains above 235. 4. Overall market - Correction going on, but...
Detailed analysis given on the chart NSE:TATAPOWER
tata power is looking good for swing trade in evry time frame ........... you can buy this share..... this may be ur diwali gift