NSE:TATAPOWER TataPower getting back from retracement level of 23.60 and near S&R level. Breakout might give a Good target.
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 . Thank You Disclaimer: It should not be...
BUY GIVEN @ 68 FOR TARGET 80 + SO FAR 76.5 IS THE HIGH MADE FOR NOW 80+ TO HIT 2 HURDLE LEVELS TO TOUCH N CROSS 1> 77.2 2> 79.3 LETS WAIT N WATCH THESE 2 LEVELS disclaimer - for study purpose only below attached old idea post for reference
Tatapower having a bullish approach through a changing channel. ABCD harmonic pattern created with multichannel setup where BC has done a perfect Fibonacci retrenchment of 0.786 i.e. at Rs.50.35. Now expected move is CD which could be Rs.67 to Rs.77. as per channel and Fibonacci Extension level.
REASONS > CROSSED 52 WEEK HIGH > NECKLINE BREAK OF HEAD & SHOULDER PATTERN > NECKLINE BREAK OF ROUNDING PATTER > RSI SHOWING BULLISH MOMENTUM SAYING ONGOING BULLISH TREND BUY - TARGET - STOP LEVELS GIVEN IN IDEA POST disclaimer - join your own study for taking entry
Have an eye on TATA POWER in coming days, Any close above 63.5 on daily basis will create huge buying in this counter. Will update sl & target when it will get executed.
If this breakout takes place it can go around 64 immediate, 68 later . Keep eyes on this stock
Tata power after flag breakout now trading at its swing high. breaking this level May bring target of 58 and above in coming sessions.
TataPower looking bullish for mid term can expect target 50/- coming days once it able to give break out zone 45 above !
Here is multi-time frame analysis of TATA POWER: Monthly: One can clearly observe the price movement within the channel. Weekly: Breakdown of weekly channel due to prevailing economic slump, but expected to take support of monthly channel lower trend. So, we can expect the REVERSAL of price from lower trend line (of monthly channel), which is nearly...
In my post date 06-May-2020, I have suggested to go for SHORT on NSE:TATAPOWER (for short term gain). On 06-May, it was closed on Rs. 29 and I have suggested TARGET of near Rs. 27 , which it almost achieved today (11-May-2020). Now it touched the support line of monthly parallel channel as marked in chart. So what next? Will it take take trend...
TATAPOWER (Tata Power Company Limited) BUY ABOVE 74 Above the Trendline Stock may have a breakout.
TATA Power is in a strong bull run with increasing buy volume from the last 7 trading sessions. Buy for a target of Rs. 86 i.e. 24% return in 1 month.