Short Tata Power Near 104-104.50 area Stoploss 106 Closing
Tata power is trading in downtrend. After a good double bottom pattern, TATA POWER did try to move upward but if we look at the retracement levels using Fibonacci, we can observe that stock has not yet broken the golden level of 61.8%. There also a possible HEAD & SHOULDER reversal pattern but we believe that can be a fake pattern formation because as stock is...
NTPC CONTRACTION PATTERN A GOOD VOLUME BREAKOUT CAN TAKE IT TO HIGHER LEVELS CAN SHOW LEVELS OF 112-116, IF SUSTAINS ABOVE 108, MAJOR RESISTANCE AT 123-126
TATAMOTORS has given a small breakout and can head to next RESISTANCE level around 327, ONE CAN BUY AROUND 310-305 WITH SL OF 303 FOR TARGET OF 314-319-325
Note: 1. Views are personal and for educational purposes only. Recheck and take the trade as per your RR. 2. Always remember SL is your lifeline, not the big target... 3.Follow us for more patterns and like, share so that we feel it is helpful to many and share more patterns... 3. Views given here is not a tip rather it is for educational purpose... Aftermarket...
Keeping Stoploss to 100 closing basis
TATAPOWER EQUITY Levels...26/03/2021 (D Candle)
Might be a big jump and should wait for further confirmations. If it can not cross then it may fall heavily ever seen
Ever since Tata motor's EV segment started shining, the supportive leg which is TATA POWER setting up charging stations across nation and Govt of India pushing for green vehicle parade by 2030 this stock looks like an excellent investment pick. Friday it saw a huge volume activity because of the news that Tesla is in talks with TATA POWER to set up charging stations.
This is follow-up on Tata Power. Can check link to related ideas. Target 3 achieved. More than 54%. Target 4 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.
This is follow-up on Tata Power. Can check link to related ideas. Target 4 achieved. More than 74%. Target 5 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.
expecting pull-back in price up to 39 above is easy after already taken support as 31.45 . This stock is also good for the investor's portfolio and I have uploaded levels for it in the last post.
If the price breaks 792.10, then it will form a new buy zone and enter on the pullback. If it breaks 722, then it will go till 487 after retracing back to nearby 770, this will be a swing short. And when if it reaches to 487, it will shoot up to take out 792.
Stop loss shifted to 110 represented by pink line and we will be bullish until market is bullish or (NIFTY is green). watch for bearish red candle engulfing