RSI Divergence in Tata power indicates the upcoming fall. we have a resistance at 172 so investors Book partial profits at 172 and full profits after it falls below 170then reenter positions at 155-140 levels. Traders can Short Tata power futures after it touches resistance and close below 170.option traders can buy put option after it starts to fall below 170
Tata power on multi timeframe analysis is above 50 week EMA and also on daily frame it is about 50 DEMA. Stock has given a break out with a good volume post 9th August this has been a second time where it is trying to breach the price. There is higher highs and higher lows and should cross 1.25 fibonacci level. Sector is slowly gaining strength and stock also is...
Consolidation almost over, Breakout coming soon RSI broken our, at levels of 52 Stop loss of 117 Hold for targets of 126,132,137,140
Perfect trend resistance... if does not pullback from 140 levels on closing basis... then watch put for your longs... Levels marked... Happy Investing and Trading....
Nifty Energy to outperform Nifty in coming days. Both Long term and short term trend became bullish. Very positive changes are happening in this sector and Charts are looking bullish .... : :) Few stocks to track in this segment are Power grid Tata power Ntpc Coal India PFC,REC,PTC...
Looking at the breakout Tata Power is showing on charts and the EV story in India, Tata power shows a promising growth story. Accumulate on retests. Good till 115-120 levels too (if it comes.)
tata 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...
TATA POWER at mid of the pattern let see where it breakout
today 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...
tatapower chart analysis for intraday and swing trading
May be we can Short SELL Tata Power in Tomorrow's Market if it crosses the level of Rs.138.75 if it crosses Level of Rs.138.75 then the 1st Target Price :- 137.30 2nd Target Price:- 136.40 this is not a trading call i am beginner trader just sharing my thoughts if i am wrong in this Technical Analysis then please tell me whats wrong in this....... Thank You in Advance
Tatapower rising contracting wedge pattern fromation on 240 mins time frame,, dark cloud cover formation on daily and 240 mins time frame,,, bearish divergence on rsi and macd,,, good to fo short at cmp down side counter can give 15-20% fall,,, Good short candidate
tata power is having a 2 month long consolidation and its the absolute precise moment to enter after price bounced of the 20 and 50 EMA from a crucial support of 118. If bought at CMP, 132 can be kept as short term target with a stoploss of 116
Tata Power Broke Resistance one can go long with small stoploss
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Buy for the target of (964-966) near term. expecting 10-13% upside momentum
best for both long and swing because of the chart pattern. hope you like it all.
1. 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...