Break Out after 12 years WOW!! Multi Year Breakout.It's a multi-year breakout!! Price may give a pullback up to the channel's upper edge.
It's an investment opportunity for 2 to 3 years.
Volumes have been increased drastically for over 6 months.
Disclaimer: Don't just blindly Trade or Invest, learn and then trade. Manage your risks properly.
This analysis is purely for EDUCATIONAL purpose, just to give an idea on the price movements!!
DO NOT FORGET to put your own STOPLOSS!! KEEP STRICT STOPLOSS!
If you earn from my ideas, kindly consider donating a small part of your profits to those in need.
Always trade what you see, never trade what you feel.
ThankYou!
TATAPOWER
Tata Power Long TermRevenue up in Mar 31, 2020 291,363.70 from Mar 31, 2019 298,810.60
Net Change in Cash 17,728.70 from Mar 31, 2019 -8,830
Total Assets 897,481.50
Total Liabilities 701,821.30
After corona effect power consumption at record high this year so hopeful this stock
Investing for 2 Year
in Pyramiding Style
Entry at 85 CPM on DCB
Stop Loss at 75 for Current Trade
after successfully enter in this trade will shift the Stop loss on Weekly Close Basis
This is for Educational Purpose only not for investing
#Invest on your own risk
Tatapower | Descending Triangle Break | Volume surge 🎯⭕ Investment Trading opportunity ! Monthly Chart Alert !!! ⭕
--Buy Above =78.35 or CMP
--Target = 96.60 | 116.80
--Stop-loss = 65.70
--Lot Size = 13,500
--R:R = 3.04
--Expected Profit = 5 lakh + ₹ per lot ( 49% )
--Expected Holding = around 1 year only
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⭕ Technical Reasons to trade or Strategy applied :- ⭕
1) tatapower is the 2nd leading company after powergrid & has given a breakout with volume
2) Descending Triangle Breakout ,50 ema breakout , resistance breakout , Long term trendline breakout
3) fundamental is too good , checked everything correctly
4) Do your research as well & support & resistance is mentioned on the chart
Guys check out the related ideas as well, it will work really well GUARANTEED !
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TataPower ShortI hope you can now see how Tatapower represents an excellent low risk profit entry setup allowing you to trade in the market. Take positions so that the risk/reward is in your favor.
Knowing why, where & when a strong reversal signal is being generated will be the only way to capitalize on your technical analysis .
Thank You
Disclaimer: It should not be assumed that the methods, techniques, or indicators presented in these chart will be profitable or that they will not result in losses. There is no assurance that the strategies and methods presented will be successful for you. Past results are not necessarily indicative of future results. You should not trade with money that you cannot afford to lose. Examples presented in these products are for educational purposes only and it should not be assumed that these are indicative of ordinary trades. These setups are not solicitations of any order to buy or sell. The publisher assume no responsibility for your trading results. There is a high degree of risk in trading.
Tatapower Bullish Trend with changing channelTatapower having a bullish approach through a changing channel.
ABCD harmonic pattern created with multichannel setup where BC has done a perfect Fibonacci retrenchment of 0.786 i.e. at Rs.50.35.
Now expected move is CD which could be Rs.67 to Rs.77. as per channel and Fibonacci Extension level.
Long term view on Tata PowerTata Power had gave a 1st big breakout at levels of 53 and gave a 2nd breakout at levels of 64 after forming head and shoulders pattern.
Company is establishing EV charging stations. It recently gained letter of intent from 2 Odisha discoms and it's arm CGPL cleared a debt of 1550 crores. These points make the company fundamentally attractive too.
Levels of 110-120 can be seen in the long term.






















