TATAPOWER
Tata PowerTata power, daily macd indicator has given positive crossover and that also above zero line, it looks like the stock has started wave (5) of 3. as of wave (5) unfolds, the stock can possibly rise higher to 140, 146, 151, 160, and 171 levels. one can go long at these levels or in dips (if any opportunity) price can dip towards green box buying zones mentioned on chart with stoploss of 121.
wave structure could be like this
key levels are mentioned on chart
macd in daily pco above zero line and uptick
rsi in daily is uptick and above 60
price above med.bollinger
dmi and adx positive
Disclaimer
I am not sebi registered analyst
My studies are for educational purpose only
Consult your financial advisor before trading or investing
Tata Power in uptrendTata power in uptrend rising channel.
BO above 137 may proceed for target of 154. SL 121.
Only for educational purpose. Not a recommendation.
Tata Power Multiyear trend line breakoutNSE:TATAPOWER has broken multi year trend line with good volume
Long above 92
First Target 100
Second Target 115
SL 70
First attempt ⚠ NOT AN INVESTMENT ADVICE ⚠
Learning chart patterns, please let me know if I made any mistakes. A double bottom pattern + triangle pattern break with good volumes.
Entry - 133
Target - 148
Stop-loss - 126
TATA POWER head and shoulderTATA POWER is making a good inverse head and shoulder pattern. It also has given a good closing in 15 min timeframe. So if it continues can give a good intraday target.
Comment down your thoughts.
Tata power Good short candidateTata power spot cmp 135
Bearish butterfly pattern formation
bearish divergence in RSI and MACD,,
Trend reversal possible
Good short candidate
Simple Trade Setup | 02-08-2021 | TATAPOWERNSE:TATAPOWER
Simple Trade Setup for TATAPOWER.
If it breaks the orange trendline then up movement is expected. A strong buying could come if it breaks 128 level.
All the levels are mentioned on the chart.
My personal view is bullish on TATAPOWER.
Do comment if you have any doubt or suggestion.
TATAPOWER: perfect breakout. 7% up in 4 daysTATAPOWER today gave perfect breakout as expected. buying price was between 120-124.
TATA POWER: Nearing Triangle breakout with good technical.NSE:TATAPOWER
The stock trend is bullish with little pullback due to global sell off on 19-20th July, 2021.
Technicals looking good with symmetrical triangles forming with low volumes- Good sign for breakout.
RSI is moving into a demand zone.
Targets: 132, 142
SL: 116
Maybe considered for short plays.
Disclaimer: This is NOT an investment advice. This chart is meant for learning purposes only. Invest your capital at your own risk.
TATAPOWER - Watchout for intraday and swingOn 1d timeframe the triangle is formed. Both side movement can be expected.. Trade only if it breakouts or breakdowns the trend line.
Disclaimer: Trade at your own analysis and risk. This is my own view, not a suggestion/recommendation.
TATA POWER - BUYAccumulating for long
can be bought near 120 levels or 118 levels
stock remains bullish till it holds 117 levels
clear big move can be seen above 128
Tata Got Power! Here's Tata Power for Rs150 targetNSE:TATAPOWER is in final impulsive move, it can be extended looking at the buzz of Tata Power but at least it is going beyond Rs150 now now.
TATA POWER | REVERSAL | TECHNICAL ANALYSIS | SWING TRADETata Power showing a reversal in a downtrend in 1 H timeframe. Nice BUY opportunity!!
Buy around 123.5 to 124
Stop Loss around 122 to 122.5
Target 1 at 125.5
Target 2 at 127
Indicators used are Fibonacci Extension and Fib Time along with reversal signs in RSI in different timeframes.
Tata Power ShortAfter 5th impulse wave, this stock is going for ABC correction wave. Probable tgt: 108
This is my personal view, not a recommendation to trade.
Trade at your own risk.
TATAPOWER Symmetrical Triangle Formation
The Symmetrical Triangle Chart Pattern indicates an ongoing period of price consolidation before the prices breakout.
A bullish symmetrical triangle is a bullish continuation chart pattern, the movement preceding the triangle’s formation must be bullish.
On the other hand, A bearish symmetrical triangle is a bearish continuation chart pattern, the movement preceding the triangle’s formation must be bearish.
The symmetrical triangle pattern is different from a descending or ascending triangle pattern as both triangles’ lower and upper trend lines slope towards the center point.
A horizontal upper trendline is formed in ascending triangles that predict a higher breakout.
With a descending triangle, a horizontal lower trendline is formed that predicts a lower breakout.
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TATA POWER Retesting Breakout towards new 52 week highDetails on Chart.
Note: This is for educational purpose only
