BuyBuy in every dip towards 92 with stop loss below 89 on daily closing basis for target 100.70
RS is getting stronge in correction which says about its strength as compare to Nifty50
Disc : it's not an investment advice to buy or sell
TATAPOWER
Tata Power Fibo + Demand Zone + Multi time FrameIn 15 mins stock is nearby its lower trendline, Currently closed to be undervalued as shown by the valuation band in 1st chart. Also standing on Demand zone .
In 2Hrs timeframe it has completed 78.60% retracement and also nearby 50 ema .
The Indicator Used:
PANEL 1:
1) Daily Lines Plots Daily 20 (BLACK) & 50 EMA (GREY), BLUE (200 DAILY EMA ) On Lower Time Frame Charts.
2) Valuation band
KEYS: Red Faded Cloud: Over Valuation.
Grey Faded Cloud: Proper Valuation.
Green Faded Cloud: Under Valuation.
PANEL 2:
1) TE-REKAB - Proprietary Indicator
KEYS:
PB: Pullback
Blue Candle: Selling Divergence
Yellow Candle: Buying Divergence
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The analysis is my POV, hope you got bucks in your pocket to consult a financial advisor before investing :P :)
HAPPY TRADING!!!
Target 2 (40%) achieved. Target 3 is ON...This is follow-up on Tata Power. Can check link to related ideas.
Target 2 achieved. More than 40%. Target 3 is ON.
Chart is self explanatory. Entry, Targets and Trailing Stop Loss are mentioned on the chart.
Disclaimer: This is for demonstration and educational purpose only.
BuyBuy in dip at 92.50-91.50 sl 89.80 target 97.
Disc : it's not an investment advice to buy or sell
Tata PowerA long term downtrend broken by Tata Power. Retest of trendline also successful with support from 50EMA.
A possible long entry for a positional trade.
Targets 92 and 101
TATA POWER will be a good buy soonPlease follow the levels marked in the chart which is based on following observations :
1. Triangle pattern in a 2H chart.
2. RSI declining divergence on a Daily chart
3. Declining volume or buyers.
Initiate sell position only on down break-down with a good 7% move. Check for a retest on a 30Min or 1 Hour chart as well!
Aggressive traders can short now as I have with strict stop-loss. Risky trade !! opposite to trend.
~Can contact me at +91-9789598340 (whats-app only)
BuyKeep buying in every dip . Support is at 89. Stop loss 86.4 target 97
Disc : it's not an investment advice to buy or sell
Tata Power Chart Analysis Trend - growth predictionTrend looks like It touches its 108 target in Jul21. Comment if I am wrong & I am happy to hear from experts. Me too put my money
TATA POWER BREAKOUT AFTER 12 YEARSTata Power has given a breakout from a channel patter after 12 long years. The stock is currently trading at fair valuation and with Electric vehicle push, the stock can be seen to scale new highs in this 2020-2030 decade.
#TATAPOWER Huge BO on Weekly charts#TATAPOWER Huge BO on Weekly charts
CUP&HANDLE + Inverted H&S
Details in chart.
TATAPOWERThe stock has closed above multiyear downward sloping trendline.
The stock is also trading above important moving averages.
Volume build up has been seen in recent weeks.
CMP: 89
Target: 101, 130
BuyBuy 50% at 84 and rest at 82 with sl below 77 for target 93 and 97
Disc : it's not an investment advise to buy or sell
TATA POWER NEAR 13 YEAR BREAKOUT LEVELTATA POWER has formed a good channel pattern from 13 Years and near breakout level
If it crosses 87 level we can see a good breakout upto 100 and then to 150 and probably a lifetime high level!
but for now focus on mid term target!
-Rv The Trader
tata power to start jumptata power is in a dip and showing the recovery very well keep an eye on this stock for perfect swing trade..
(safe traders look after union budget 2021)
●company is in perfect condition
●company is likely to announce some new project
●insider information is good
TATA Power Thursday StrategyRSI bullish divergence forming and also RSI at oversold level and price at Monthly Breakout Level which is 75. Expecting Bullish Turn tomorrow.
TATA Power Bullish move will be start from 23.60 Level.Tata Power made a correction and took support in 23.60 retracement level, high possibilty of making a bullish move from here.
TATA POWER, Important support at 55MAThe stock is in a downtrend for a long time, from match it is taking the support of 200MA and moving up in the daily timeframe, and is about to break out in the Monthly charts as well expecting a bullish move soon
