Get started

TATAPOWER

2nd Post -Predicted In Afternoon but Didnt posted TATA POWER 216Tata power broke out the rising channel then falling down and will take support on the channel and will rise again till 215-216 which will be our first target. It looks like a medium level of risistence if it is broken we will see our next target at 222. startegy is to sell 40-50% stocks near 215-216, take stopless to 213-214 then sell 40-50% (might hold for more profit)at 222. NOTE - ITS NOT A FINANCIAL ADVICE ITS MY STARTGY , AM NEW SO SUGGESTIONS , CORRECTION ARE APPRICIATED
NSE:TATAPOWERLong
by ramanku990
1
TATAPOWER Ready to Takeoff on Weekly Charts.TATA Power is following 76 Weeks Cycle & It has completed 76 weeks of correction. Earlier 76 weeks stock jumped from 29 to 300 --> 10x in 90 weeks. Corrected to level of only 181 in 76 weeks ... Also a Flag pattern getting Built on the Weekly charts. Any breakout on script above 225 can see the Momentum coming back to the Script with big Players to start accumulation again on the stock for the Targets of 1000+ in 2-3 Years. LTP - 207 SL - 175 Targets - 1000+ Timeframe - 2-3 Years. Logical Reason behind the targets given - Power Sector in INDIA is in-demand sector with EV vehicles becoming future of INDIA. Once the Stocks crosses 225-250 Big Players will again start accumulating the stocks for 2x-3x ROI which will drive the stock to 400+ with buyers still lined up for weeks to go. Big Players don't do investment for 20-30% ROI they do invest for multi year & multifold returns. So 1000+ Targets very much Possible / Logical & Achievable on the stock in coming months. Happy Investing to be Friends & Followers.
NSE:TATAPOWERLong
by JITU_210
Tata Power on Bearish trendlineCurrently, Tata Power is experiencing a bearish trend in the stock market, as seen by its recent struggles to push the market higher and its potential for further decline as indicated by the chart. However, despite this short-term volatility, Tata Power remains an attractive long-term investment option for those interested in the energy sector. Its ability to break through some resistance levels and its overall financial strength, diversified portfolio, and strategic investments in renewable energy make it a promising opportunity for investors seeking to invest in the stock market for the long run.
NSE:TATAPOWERShort
by CyborgTradingHub
TATA POWER BREAKOUT AGAINT TOWARD 300NSE:TATAPOWER Has amazingly given a breakout from descending triangle pattern from the level of 210 after being in the zone of 200 from long time. Tata power can break new levels in coming future as it is one of the leading power companies in competition with Adani power. You can create a fresh position in Tata power with SL of 200 for the target of 240-250-300. Only enter with good quantity if it will break the 215 with good volume and a Re-test from 210 level.
NSE:TATAPOWERLong
by akshaybatra020
2
SHORT between range 250-260. Target and Reasons belowTechnically @tatapower is showing many bearish signals at a higher timeframe. There are significant confluences in the range of 250-260. Reasons I would look for a short: 1- Looks like a class book pattern -Wycoff Distribution pattern(Currently in phase B later half end, so we maybe we see 250-260 first) 2- It is in the 5th wave according to Elliot wave theory when the complete chart is observed. (Usually followed by elongated periods of sideways or a good correction.) 3-Also looks like a classic head and shoulder pattern wherein the right shoulder could be forming here, so a move to the 250-260 region. My target for the short is 130-160 . Also, a move to 80 could be seen, depending on price action and market demand at those regions. A good stop loss would be above 301 , but also 281 could serve the same depending on price action at 250-260. Will follow up with updates on this.
NSE:TATAPOWERShort
by Sns7
2
CNXEnergy Nifty EnergyCNXEnergy will be an absolute avoid from a long perspective. One can see that the RSI is losing a lot of strength and the index is unable to make higher highs. We have witnessed this kind of pattern during 2018,2019 and we all know what happened in 2020. It can dupe by a small movement but one need to observe if the index is unable to make a higher high then it will become problematic for the index. The index contains Reliance Industries Ltd. 33.82 Adani Transmission Ltd. 12.35 NTPC Ltd. 10.88 Power Grid Corporation of India Ltd. 10.31 Adani Green Energy Ltd. 10.13 Oil & Natural Gas Corporation Ltd. 6.91 Tata Power Co. Ltd. 5.06 Bharat Petroleum Corporation Ltd. 3.83 Indian Oil Corporation Ltd. 3.44 GAIL (India) Ltd. 3.25 I would absolutely avoid the above stocks as I am not seeing any great gains from long point of view. Disclaimer - Please DYOR, Don't take any market positions based on my analysis.
NSE:CNXENERGYShort
by Cryptified_Soul
1
NIFTY : 19TH OCT#NIFTYINDEX, #NIFTY50 * NIFTY INDEX : RESISTANCE AT 17550 - STRONG SUPPORT AT 17000. > After two day rally, Nifty may go for consolidation mode. Banking Sector rally may continue, that will make nifty to break 17600. > Global Market seems to be in consolidation Mode or Profit Booking after huge rally for past 2 days. * NIFTY TECHNICAL : NEUTRAL , HUGE GAP UP WILL BE DIFFICULT TO SUSTAIN UNTILL ANY POSITIVE NEWS. AT 17500 OI : CALL - 85 L PUT - 52 L. * SECTOR TO WATCH : BANKING, AUTO DAILY CHART : RESISTANCE AT 17550 . STOCKS TO WATCH : #TATAPOWER, #CANBK, #SBIN #AUBANK, #FEDERALBANK. Canara bank and Sbi both made huge rally, with expecting positive report from q2 result. After result, profit booking may happen.
NSE:NIFTY
by uzumakisensi