TatapowerTata Power has broken important support of 227.
Now next support lies near 210.
Trading levels marked...
Happy Trading..
TATAPOWER
TATAPOWER - Simple AnalysisTata Power Technical Outlook:
5 Days - 236.10 SMA
10 Days - 239.31 SMA
20 Days - 237.99 SMA
Can Tata Power repeat what Adani Power has done? Probably Yes.
Should you invest aggressively at this point? No. Wait for the breakout.
Can it fall from these level? Yes, it can but that will only give buying opportunity and my opinion will be to buy near the support zone .
NOT A RECOMMENDATION. JUST FOR EDUCATION. Thanks
Tata Power Quick ProfitTATA power has given a chance again for missed traders by pulling back to the resistance zone on very Low Volume showing the stock was not under
heavy selfish pressure. It has also made a pullback to its trednline giving a superb entry price with a quick profit at
256.10
Tight Stop loss at 234.40
Keep It Simple
TATA POWERTATA POWER CO LTD. Looks Bullish for Short Term on Daily Charts. BUY TATA POWER @ Rs 237 Targets Expected are Rs. 280 - 290 in the next 10 - 15 Stoploss placed below 224
NSE:TATAPOWER
Tata Power: At crucial resistance levelsTata Power
The zone if 252-256 is crucial zone for Tata Power
267.90 is the gap down level on 18 April 2022
Given the set up one may consider to sell 265 Call option
The strategy has protection for rise up to 268.5
Take care & safe trading...!!!
Disclaimer
- The view expressed here is my personal view
- Past performance is not a guarantee for future predictions
- Use this for educational purpose
- Any decision you take, you need to take responsibility for the same
- It's your hard earned money. Treat it wisely
- Trade / Invest keeping in mind your trading style, goals and objectives, time horizon & risk tolerance
- if trading in F&O, understand that F&O trading involves risk
- Do take proper risk management measures
- Do your own analysis and consult your financial adviser if need be
Tata Power... Simple analysisFrom the highs of 298 to 190, and then an up-move to 237 where the stock finds immediate resistance.
Might see price consolidation between 240 and 226.
Above 240 we might see a move towards 255-260 levels.
Support at 220 and 217 levels.
Always define your stop-loss before every trade.
Note: Personal analysis. Not a buy/sell recommendation. Do consult your investment advisor.
Tata Power Daily Chart - Breakout TradeFirst target 260 and second target 280.
3 Parameter Strategy
1. Bollinger bands are squeezed and breakout of upper band
2. RSI is above 60
3. Macd is a bullish crossover
Trade Setup
Enter near the close of the signal candle.
First Target 260
Second Target 280
TATA POWER DAILY BREAKOUT #TATAPOWER (D)
- VCP Breakout Candidate
- Trading in HH-HL Structure
- Massive Volume Sprut
- Strong Bullish Momentum
- Buy above 248
- Stoploss 236 (dcb)
- Targets 260/273/290+
- TF ≈ 2-3 months
#Investing
I Hope You All Like My Analysis.
Please Do Share Your Thoughts Into Comment Section.
Please Give A Like, It Motivates Me To Do Analysis. Disclaimer: This is for educational purposes only, not any recommendations to buy or sell. As I am not SEBI registered, please consult your financial advisor before taking any action.
My view on TatapowerTatapower giving breakout on 4H time frame chart.It may hit 245-247-250++ in very short term.
We are keeping on radar Tatapower 245 CE.
TATA CONSUMER PRODUCT Wait And Watch ??
Look for Low risk, High reward, and High Probability setups-
Things to Remember while Trading with the Trend
1. Know what the trend is.
2. The best trades are made in the direction of the trend.
3. Assume that the main trendline or moving average will hold.
4. The longer the moving average is, the better it defines the trend.
5. Wait for the pullback.
6. Don’t chase the market.
7. Don’t fight the market.
8. Even in the strongest trends there should be some retracement.
9. The closer the market is to the trendline, the better the risk/reward ratio is.
10. Use ADX to determine the strength of the trend.
11. Higher the level of ADX , the stronger the trend, below 20 consider the market to be choppy
12. Hold trades longer in a strong trend.
13. Wait for confirmation of a trendline breaking before reversing position.
14. Know where the Support levels are.
15. Place stops outside the Support levels.
Thank You..
TATA power monthly flag and poleA very nice bull flag on MONTHLY, the breakout of this would bring at least 600+ in tata power.
TATA power long term target of 670Above the breakout of this consoldiation range TATA power has a long term target of 660+
TATA POWER - SELL ?NSE:TATAPOWER
Channel pattern downside breakout
Sell with stoploss 238
Target - 226, 221, 216
Time frame (2 weeks)
Tata Power -- Very good RR Long trade Good breakout of symmetrical triangle above 230 for targets 300 and on..
Sl would be 228 in this case.
TATA POWER - DAILY CHART - 17.08.2022 - BAHAVAN CAPITALTATA POWER as per Daily chart Analysis.
Today ADANI POWER, IEX and TATA POWER has shown good momentum and among these ADANI POWER had no seller after 1.30pm.
There should be a Good momentum for these power sectors for tomorrow.
TATA Power Above 238 and Target 245 / 250 / 258 / 268
Happy Profitable Trading to All...
TATAPOWER Chandresh_TInverse head and shoulders pattern indicates the end of bearish phase and onset of an uptrend. Traders enter a long position when the up breaks through the resistance line. They would look for a rise in volume to confirm the trend change.
Stop loss 223
Target 260 - 290
POWER MODE ONTata power looks good on daily charts gives close on 50 and 100 day moving averages on daily chart after so many sessions one more positive thing is there is relative strength indicator breakout seen that was facing a big resistance too today crossed and closed above on that too.
CAUSE OF LONG-:
1- Closing above on 50 and 100 day moving averages
2- Breakout on Relative strength indicator
TATAPOWER TGT 250TATApower taken support inside the channel. SL 215 TGT ST is 250 and lonf term is 440 is breakouts the channel in weekly time frame.
EMA 21 Buy abe 226
EMA 50 Buy abv 209
Tata Power Long TradeHi guys we will buy Tata Power because it has fallen quite a lot after the crash and has stabilised a little bit and if we look at the Us and
the India markets they are looking bullish so trident will also show signs of bullishness and it would be pretty good trade.
That's all make sure to follow and like
Bye
TATASTEEL Ascending triangle !!NSE:TATASTEEL
#NSE:TATASTEEL Formed beautiful ascending triangle.
I have ignored the gap up retracement part in chart, if you know the reason comment below......
Happy LEarning !!
Tata Power: Chart setup and trading strategy Tata Power
Observations
- the stock is close to Line of resistance
- 38.2% retracement comes at 231
Given the set up, one may consider to sell 230 Call option (sold at 3.7)
The strategy has approximately 7% yield potential on Margin required and covers risk for a rise in stock price up to 233.70
Please follow risk management measures
Take care & safe trading...!!!
Disclaimer
- The view expressed here is my personal view
- Past performance is not a guarantee for future predictions
- Use this for educational purpose
- Any decision you take, you need to take responsibility for the same
- It's your hard earned money. Treat it wisely
- Trade / Invest keeping in mind your trading style, goals and objectives, time horizon & risk tolerance
- if trading in F&O, understand that F&O trading involves risk
- Do take proper risk management measures
- Do your own analysis and consult your financial adviser if need be
TATAMOTORS Ascending triangle !!NSE:TATAMOTORS
#NSE:TATAMOTORS formed beautiful ascending triangle, chances for small pull back and bounce.
Short to medium term.
Happy LEarning !!
