Tatapoweranalysis
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.
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 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
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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...
Tata Power : Play for a 20% upsideTat Power:
On Weekly Chart:
1. Pin Bar at crucial 65EMA (Bullish Set-up)
2. Breaking in horizontal Channel having targets towards upper band of the channel
On Daily Chart:
1. Spent 5 days at around 233EMA (We can consider it as a base)
2. Wolfe Wave establishes if trades and closes above 214. It has a TGT of 255 (Around 20% upside). Please refer Pink Line
3.
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.
Tatapower power ⚡on 1hr TF.Hello, 🤗🤗Friend's This stock is mainly for 20-06-2022 intraday player's. As we can see 👀 tatapower gives very pleasurable moment. But I am ready for both side. we will buy it when price cross 215 &substain above with the accurate target🎯 of 220,224.But in case of selling we will sell it when price cross 206 ❌ with the accurate target🎯 of 203,200.we are ready for big moment. Guys ready for jackpot trade🤷♂️. Don't forget to add it on your watchlist & see others .
This is my first🥇 pick. Have a profitable tomorrow👍👍👍
Tatapower in Rectangle on DT FrameFriends, As we can see that tatapower is trading in a rectangle from many days. It is trying to give Breakout again and again. Friends, we Can add this on our watchlist. This is good opportunity for intraday players. We Can buy this in intraday When stock Cross 238 with the Accurate target of 243 , 245. Our view is only For buy side that's because of Energy demand in Summer🌞🏖️.
Simple Trade Setup | TATAPOWER | 02-05-2022 [INTRADAY]NSE:TATAPOWER
Observations:
1) On 1hr time frame, we can see triangle pattern. And it closed below 244-245 crucial level.
Immediate support is at 240 level.
Please refer below chart : 1hr time frame.
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Trade Setup for 02-05-2022
1) Don't Jump in to trade at the beginning of the market. Let it get settle for 15-20min first and judge the price action.
2) Everything is mentioned on the chart. I hope it is easy to understand.
3) All the levels will work as support, resistance, entry and exit w.r.t price action near that level.
4) Avoid gap up or gap down chase. Wait and trade between levels.
Please refer below chart for levels.
Hope I made it easy to understand it.
Do comment your doubt or suggestion.
Note: Trade with Strict SL. It may or may not hit all the levels. So one can book profit / loss at respective level considering how price action works near that level.
Simple Trade Setup | TATAPOWER | 25-02-2022 [INTRADAY]NSE:TATAPOWER
Observations:
1) On 15min time frame, we can see it is now trading below the support channel.
Please refer below chart : 15min time frame.
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Trade Setup for 25-04-2022
1) Don't Jump in to trade at the beginning of the market. Let it get settle for 15-20min first and judge the price action.
2) Everything is mentioned on the chart. I hope it is easy to understand.
3) All the levels will work as support, resistance, entry and exit w.r.t price action near that level.
4) Avoid gap up or gap down chase. Wait and trade between levels.
Please refer below chart for levels.
Hope I made it easy to understand it.
Do comment your doubt or suggestion.
Note: Trade with Strict SL. It may or may not hit all the levels. So one can book profit / loss at respective level considering how price action works near that level.
TATAPOWER - Simple AnalysisNSE:TATAPOWER
Tata Power technical outlook: If it continues the momentum then 260 is possible in next 10 days. It is very bullish above 270.
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: Bullish cup and handle Tata Power is trying to move away from its 16 weeks of price consolidation.
There's a visible formation of a cup and handle chart pattern.
Can see a probable bullish price movement above the all time high level of 267.
Strong RSI and MACD lend support to bullish bias.
However, always keep a strict stop loss of 5-8%.
Note: Analysis only, Not a buy or sell recommendation. Please do due diligence and consult your advisor.