I 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...
After touching high of 267, the price retraced to 201. After a tight consolidation we now seen an upward movement. Initial target is 268, after which the price can touch 297. Around 297-300, I feel the momentum might slow down and extreme caution is to be exercised in case of new positions, since the stock has already given a substantial move. However, I am...
Observing 15 min charts of 9/11/21 gives a solid breakout from 233-35 levels. With big volumes, the stock is now consolidating in 15 minute charts. The chart structure stands strong, and hence a further upmove is assured. SL at 235. *Not a SEBI Registered Advisor. Kindly take advices from your financial consultant before taking trade*
NSE:TATAPOWER Observations: 1) On daily time frame, we can see it took support from 21DMA. Please refer below chart : 1day Time Frame. 2) On 15min time frame, we can see that it is facing resistance from one trendline and keep on taking support from 200 level. Major support level is 200 Level. Breakdown of 200 level will make it bearish. Please...
NSE:DEEPAKNTR #DEEPAKNTR reached ATH and retraced, now reaching to resistance level @ 2500 levels. Sustaining above the level may give positive momentum. Post confirmation, may try 2500 CE with SL of 2300. Happy Trading !! Check the Other levels shared and resulted today !! #TATAPOWER - 42K #MANAPPURAM - 17K #DIXON - 21K #IDFCFIRSTB - 15K #IRCTC -...
Market was showing upside breakout, and did not sustain on that price level, and again came back to the trading channel, So that was false breakout. And you can see the red candle on resistance line, so obvious when we see bearish candle near resistance area, then we obviously view that stock now has bearish sentiment.
we can see the chart off TATA POWER currently obeying three Wave of Elliott Theory - Wave (2) retraces Wave (1) about 21% (we can call it as flat correction) - Whereas Wave (3) retraces Wave (1) about 163% (which is exact % of Elliott Wave Theory) - by the way we can expect Wave will retraces about 100% Wave (1) n , that will be short term Target of 210 -...
An interesting behavioral pattern is in continuous formation on monthly charts of #tatapower 1. Since its listing (available chart data) it remains in a consolidation box for about 1852 days 2.Ending this consolidation phase, it enters a parallel rising channel that spans all along 1248 days 3.After this parallel rising channel it again enters in a massive...
TATA POWER has broken ALL TIME HIGH that has been made 13 years back. Volume is good. Which indicates a strong buying opportunity. ENTRY : Buy above 165 SL : 150 CBSL TARGET : 180/200/220 NOTE :This post is just for educational purpose. Do consult with your financial advisor before taking any trade. Thank you.
Perfect trend resistance... if does not pullback from 140 levels on closing basis... then watch put for your longs... Levels marked... Happy Investing and Trading....
today we have seen a little bullish trend in tata power as tata power made a higher high and high low pattern chart in todays market. many people booked heavy profits in todays market by this stock. but if you have this stock in your portfolio then you need to wait until end of this current trend because it will give you good profits without any tension. i hopw...
May be we can Short SELL Tata Power in Tomorrow's Market if it crosses the level of Rs.138.75 if it crosses Level of Rs.138.75 then the 1st Target Price :- 137.30 2nd Target Price:- 136.40 this is not a trading call i am beginner trader just sharing my thoughts if i am wrong in this Technical Analysis then please tell me whats wrong in this....... Thank You in Advance
Tata power, daily macd indicator has given positive crossover and that also above zero line, it looks like the stock has started wave (5) of 3. as of wave (5) unfolds, the stock can possibly rise higher to 140, 146, 151, 160, and 171 levels. one can go long at these levels or in dips (if any opportunity) price can dip towards green box buying zones mentioned on...
TATA POWER is making a good inverse head and shoulder pattern. It also has given a good closing in 15 min timeframe. So if it continues can give a good intraday target. Comment down your thoughts.
Tata power spot cmp 135 Bearish butterfly pattern formation bearish divergence in RSI and MACD,, Trend reversal possible Good short candidate
NSE:TATAPOWER Simple Trade Setup for TATAPOWER. If it breaks the orange trendline then up movement is expected. A strong buying could come if it breaks 128 level. All the levels are mentioned on the chart. My personal view is bullish on TATAPOWER. Do comment if you have any doubt or suggestion.
TATAPOWER today gave perfect breakout as expected. buying price was between 120-124.