TATAPOWER
Tata Power: At crucial resistance levels & trading strategyTata Power
- The stock is at crucial trendline resistance
- 216 is an important support level which if broken would lead to further fall
On the upside 230-236 odd levels has the potential to act as resistance
Given the set up, one may consider a Bear Call spread strategy.
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
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Tata Power company LimitedTata Power is in Upward Trend. Formed a hammer over 20 EMA. Taking probable support. RSI also crossed Sweet 60.
Time to enter a long trade.
Please note idea is for Educational Purposes only.
Any losses you make are entirely your own.
The author is not responsible for any such losses.
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 .
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 charts 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.
TATA POWER "BUY CALL" POSSIBLE 15% ROI
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Tata Power Analysis, a strong bearish trendI just started doing analysis, do comment if it lacks some learnings.
Tata Power has been In a bearish trend for the past couple of weeks. As the markets are also bearish, hold Tata Power for the long term as it gonna blast if it closes above the trend line breaking its bearish trend. Adopt buy on dip strategy and hold for the long term.
TATA POWER under Symmetrical TriangleCHART -> TATA POWER DAILY SETUP
As seen per charts, a beautiful symmetrical triangle under formation on daily chart of TATA POWER.
Disclaimer: This is for educational purpose only. This is not any recommendations. I am not SEBI registered. Please consult your financial advisor before taking any action.
Tata Power : DWM Analysis.......No Buy / No sale :::: ONLY VIEW ::::
Its pure knowledge sharing Idea based on my study of Indicators which i follows...
Tata Power :
Daily : Near 50 DMA
Weekly : 193 good support on weekly closing basis
Monthly : Inverted Hammer
Currently Stock have strong support of 213 on daily @ which it take support twice last week n reversed
To me Stock is in Range of 213-253........
Needs to break either side....... to get momentum.......
TATA POWER is ready for a powerful RallyTata Power is now testing the Flag & pole pattern and if it manages to breach the triangle , we can enter at 240 levels with 225 as SL for a positional target of almost 150 points.
As currently Bears are pushing the market on downside, its better to enter once we get clear breakout signal at 240.
Kindly share your valuable feedback.
Disclaimer: Please do your own research or consult your advisor before taking any trade. This view is for educational purposes only.
TATA POWER IS GOING TO GIVE A BREAKOUT IN NEXT WEEKTata power is making a flag pattern and if it breaks the level of 252.20 the, it will give a big breakout in upcoming days.
This is the best time to enter into this stock wait for the green candle for the next week and buy TATAPOWER .
FYI: THIS IS JUST MY ANALYSIS, do your own research before investing in it.
TATA MOTORS BUY at Current LevelsTATAMOTORS has shown a great retracement from its recent highs of 530+. In fibonacci levels, we can clearly see how the stock took support at78.6% levels. Its currently hovering around and has not broken down this level. A long call can be taken here, for targets up to 510. ALSO THIS LONG VIEW IS SUPPORTED BY THE PARALLEL CHANNEL THAT THE STOCK HAS FORMED ON DAILY CHARTS. I AM BULLISH AT CURRENT PRICES WITH SL BELOW 470.
** I am not Sebi registered. Kindly consult advisor before taking trade.**