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TATAPOWER

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
bullish on tata powertata power can be a multibagger in coming years with the help of the recent electricity amendment bill and privatization of power units the stock fundamental can grow exponentially and so will the share prices. The current central government is trying to pass this bill soon and whereas another reason for the share price to grow is the EV vehicles . In India EV vehicle usage is goona go tremendously through which all the charging units in the country will be managed by TATAPOWER. lookout at the fundamental potential and buy it!
NSE:TATAPOWERLong
by pransurm
2
TATA POWER Trend Analysistoday we have seen a little bullish trend in tata power as tata power made a higher high and high low pattern chart in todays market. many people booked heavy profits in todays market by this stock. but if you have this stock in your portfolio then you need to wait until end of this current trend because it will give you good profits without any tension. i hopw tomorrow we will see a new higher high pont ani a fresh new high low point. i hope tomorrow this share will follow thw same trend but in case of breakouts i arked the targated high and low point with green and red lines resp. please let me know if i am wrong somewhere in analysis.... Thanks in Advance...
NSE:TATAPOWERLong
by cutter2711
FY21-22 Swing Trade Idea #181: Long on TATAPOWERThis is a public swing trade idea (other private ideas accessible through website) and is only for Learning and observational purpose. Please understand your risk and take full responsibility of your actions. We would comment on any further updates on our entry, targets and stop-loss on this idea, so make sure to follow if you want to get further updates. Our objective to help anyone who wants to learn technical analysis using charts. You can post your queries in comment section here and we will try to answer asap.
NSE:TATAPOWERLong
by onerighttrade
Tata Power, for Targets of 1501. After accumulating for almost 20 days, the stock is forming it’s base at ₹130 (Decade old highs). 2. With the ongoing policies of the government pertaining to power sector to streamline DISCOMS, and push towards electric cars, will impact the performance of the stock positively. 3. Increased infrastructure in states like Jharkhand and Odisha will also give it a natural lead. 4. It’s pact with Japanese company for lithium ion batteries has strengthened its core. * it is also in race for the tender of providing electricity to the state of UP
NSE:TATAPOWERLong
by ashu1111111111