TATAPOWER
♔ Nice Day pattern after Monthly Breakout | TATA POWERSeems extremely bullish after the monthly breakout took place :)
U can now have a position either on the green supporting trendline SL is must and strict with proper risk ( the money u r willing to lose happily )
Or wait for the pattern to fold itself into something better = a breakout from the weak resistance trendline :)
Have a good day and happy trading :)
TATA POWER TARGETS, SUPPORTS AND RESISTANCE - 25TH MAYHi
From follwing Tata Power for more than 3 months now, I have come to the conclusion that this share gracefuly respects the Support and Resistance levels.
If Tata Power is not able to break the 108 level tomorrow, it might get range bound between 106 and 108 levels for a few days.
If it breaks the 108 level, we have next target at 110.
Anyhow, this wonderful share is still bound to cross 110/114 levels very very soon.
Please dont take this as a call and do your own analysis before inversting/trading.
Welcome to FEEDBACK! I am new to all this :D
TATA Power 24 May 2021, Intraday setup with symmetrical triangleThis setup can be used for taking an intraday position, long or short, as the price shows its action. The setup is just my idea, please your own analysis and risk management for taking the position. Avoid taking a blind trade. Open to healthy criticism and feedback :)
TORNTPOWER - BREAKOUT AND RETESTA STRONG STOCK TO HOLD
Note:
Avoid the stock if a big gap up or gap down is seen
Enter after the breakout happens and not before it
Do not chase the market, i.e., do not get involved in late entries
Only enter with strict stop-loss and target
This is not a recommendation and is for educational purposes only.
always follow risk-reward and quantity management for the 100% of the times
The above mentioned idea may not work, so beware of the risk you are taking
Follow me to Learn and Earn with me.
Happy Trading!!
TATA POWER: ON THE VERGE OF A GOLDEN CROSSTata Power is on the verge of forming a golden cross. A Golden Cross is a basic technical indicator that occurs in the market when a short term moving average (50-day) of an asset rises above a long-term moving average (200-day). When i see a Golden Cross occur, i view the chart pattern as indicative of a strong bull run.
Stock is near 52W high with significant volumes and RSI is also indicating price strength.
Target: 150
Horizon: 12W
TATA POWER - POSITIONALTata Power is the most hyped stock right now. it was getting rejected from the trendline from the past couple of years as you can see in this monthly chart. Finally it has broke the trendline and moved forward after retesting the trendline. You can add it anytime now and hold for the target of its all time high.
TATA POWER - No Target Enjoy AnalysisI can interpret an upcoming breakout in this chart is so many ways. This is why technical Analysis isn't difficult. One just needs to have an eye and correlate.
I'm not giving any Stop loss or Targets here. This is for you guys to interpret it the way you like and take your decisions. If it fails, this chart would tell you why it failed as well.
Those who want to learn can learn many things from this chart.
Tata Power Can Go All time HighDaily Chart Pattern
Pattern Inside Pattern
Ascending Triangle Pattern
Zig Zag Pattern
Best Buy Above 105 After mini resistance
can go all time high or Near Resistance of all time high
I am not a SEBI registered adviser. All the information provided by me are for educational/informational purposes only. Never invest more then 2 % Capital In Single trade. Trade on your own Risk and analysis
Tata power Bullish setupJust like Metals and commodity stocks have turned bullish on the back of falling dollar and additional infrastructure spending by the givernment, power and energy stocks too follow the same persuit.
Coming to the levels, Tata power is currently holding 20 week average and the stock has turned bullish again from the same levels before. The previous week it closed positive and hints at the end of the corrective wave. The channel breakdown could be false as it is pretty common for 4th waves. The entire structure is actually extending what we'll have another set of iii iv before which aligns with Nifty 50 as well.
Go long for a target of 110 with a stop loss of 89.
Do you own due diligence or consult your financial advisor before acting on the information present.






















