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...
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...
Looks like resuming of Trend is on the cards Strong rejection from lower levels in Hourly charts Risk to reward is favorable Small resistance area ahead ( Buy above the if poss) Or add some at lower levels to manage Risk
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...
Tata Power Fake breakout. keep an eye on it.............................
Market was showing upside breakout, and did not sustain on that price level, and again came back to the trading channel, So that was false breakout. And you can see the red candle on resistance line, so obvious when we see bearish candle near resistance area, then we obviously view that stock now has bearish sentiment.
188-194 levels to lookout for bounce back... retesting B/O... Happy Trading
TATA 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...
Nifty- 18,462 might be a long opportunity. Look for HH and HL. PS:- trading view is not allowing me to share 1 min and 5 minutes chart. You can take multiple trades on those timeframes
Lokk for these important levels in BPCL. Soon will reach level 500 in short term.
Tata Power saw a steep rise in price in last few sessions on the back of good volume Rally is expected to continue towards 260-270+ . Any correction towards 180-175 will be an opportunity to go long with stop below 137 on DCB . Disc : it's not an investment advice to buy or sell
Only for Education Purpose :: Target 1-132.70 Target 2- 142.00 Target 3 - 159.60 SL-117 Time Frame 3 Months For All Targets
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 -...
Tata power before going to fresh move profit booking comes that mentioned level below 164 and 158 levels.then to decide up or down.we will post chart later
NIFTY ENERGY SECTOR is forming and inverted head and shoulder pattern. The sector has broken out on weekly TF. The stocks in this space can move great over the next few weeks. Your SL in this sector would breaking of right shoulder low. Look for stocks like Tata Power, Adani Power, GAIL, BPCL expect a good run up in these stocks.
One more breakout due in Tata Power - Enter into the trend in Correction Break-out will be of 12 points
An 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...
TATA POWER has broken ALL TIME HIGH that has been made 13 years back. Volume is good. Which indicates a strong buying opportunity. ENTRY : Buy above 165 SL : 150 CBSL TARGET : 180/200/220 NOTE :This post is just for educational purpose. Do consult with your financial advisor before taking any trade. Thank you.