TATAPOWER
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
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
How to play potential level breakout (From my latest trade)Steps
1) Identify potential breakout zones , crucial supports , resistances ,trend line , Patters like (triangle , rectangle , consolidation )
TATA POWER
other examples
UJJIVAN
ADANIENT
BTCUSD
BANKNIFTY
2) Wait for breakout "do not enter just seeing the breakout " ,watch carefully the volumes , then wait for a price to retest the level.
Many times when the prices make a crucial level , big players tend to exhaust this opportunity and fools us by fake breakout you can see my UJJIVAN idea in the links below.
3) when in price retest and start moving up then enter above just high of recent up swing and keep sl at the low of latest down swing.
This three steps are most effective approach for playing out the breakouts.
TATA POWER - Short-term Swing callTATA POWER - Short-term Swing call
1. Double bottom formation.
2. If it moves upwards and opens and closes above 215 then the target will be 235.
3. It's a short-term trend, not for the long term.
Note:
1. I’m not a SEBI Registered advisor, my research is personal and for educational purposes only.
2. Always check with your financial advisor and take the trade as per your risk/reward ratio.
3. Follow me for more patterns and like, and share so that we feel it is helpful to many and share more patterns...
Tata Power - Possible distribution scenarioTata Power is printing almost a textbook example of Wyckoff distribution. I have attached the distribution schematic for reference. The range low would act as the last point of supply and the price should get rejected from it.
Over the next few months, it may head towards the 150 level.
Disclaimer : This is NOT investment advice. This post is meant for learning purposes only. Invest your capital at your own risk.
Happy learning. Cheers!
Rajat Kumar Singh (@johntradingwick)
Community Manager (India), TradingView
TATA POWER: Larger correction aheadStock has broken the important support area of 200 and is vulnerable to get more sell off in the coming months. Any rise should be taken as exit/selling opportunity as the stock is heading towards its previous support zone of 160/140 area. On the upside 230-245 will act as a strong resistance in the coming months.
TATA POWER#TATAPOWER
Time to short this one now great levels to gain huge profits.
Energy sector showing weakness after a great really.
TATA power at crucial Support levels.
Short below 204.
Stop loss 208
Targets
1st - 185
2nd - 170
3rd - 140.
Strong conviction.
#short #sell @Equities
@tradingview_ @vivek_mashrani @Shorting @forextidings @Tredingview






















