Date : 14-May-2024
Rating : Buy - Positional Trade
LTP : Rs. 430.35
Targets: (1) Rs. 464 --> (2) Rs. 506
SL : Rs. 385 on daily close basis
Technical View:
• NSE:TATAPOWER is in its primary uptrend and was recently going through it's secondary downtrend.
• After touching the high of 464.20 on 3-Mar-2024, it has retraced 15% to 396.55 level.
• On...
Date : 18-Mar-2024
Rating : Buy - Positional Trade
LTP : Rs. 392.75
Targets: Rs. 475
SL : Rs. 365
Technical View:
• NSE:TATAPOWER is in its primary uptrend since Oct-2023.
• After touching a life time high of 433 on 7-Mar-2024, it has retraced up to 16% to 365 level.
• NSE:TATAPOWER has broke out from its secondary down trend on 18-Mar-2024.
• RSI is...
Tata Power Prediction for Swing/ Posional Trading
Breakout at entry 1 (250) level. You can enter into trade at CMP or after 260.
Sls- according to you RRR.
Targets- 260,275,285,292,308,325,335,360,385,415,440,465,490,515,545,570,595,… (more will be updated later if need )
According to your “STOMACH” book your profit. Always maintain your risk...
Date : 15-Feb-2024
Rating : Buy (Mid Term as well as Long Term Opportunity)
LTP : Rs. 378.85
Targets: (1) Rs. 412 --> (2) Rs. 448 ++
SL : Rs. 354
NSE:TATAPOWER - With due focus on renewable energy sector makes it a good prospect for investment.
Disclaimer : I am not a SEBI registered analyst/consultant and not recommending anyone to take any BUY or SELL...
Tata Power got rejection and formed a resistance zone @ 330 - 340. Until it sustains above 350, the stock will remain weak and we are looking forward to see downward targets.
Take sell trade between 340 - 330 with the SL of 365, Targets for downside will be 285 and 260.
To motivate us, Please like the idea If you agree with the analysis.
Happy Trading!
TATAPOWER - The chart is in Weekly Time Frame.
Based on today's close - 298.6 is close to the top during Apr 2022.
We can see two patterns.
One - Double Top
Two - Raising wedge.
However stock has been on a strong uptrend from the past couple of weeks.
Its above all indicators and Moving averages on Daily, Weekly and Monthly time frames.
Add to watch list -...
Tatapower bullish on monthly time frame bright future for power sector in coming days
for more details ping me for by entry exit and stop.
motivate us by giving likes so we can bring more profitable setup
Disclaimer: Only for educational and learning purposes.
Technically @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...
Tat 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.
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.
-------------------------------------
Trade Setup for 02-05-2022
1) Don't Jump in to trade at the beginning of the market. Let it get settle for...
NSE:TATAPOWER
Observations:
1) On 1day time frame, it has formed kind of double bottom / W pattern.
Major breakout level is 235.
Please refer below chart : 1day Time Frame.
-------------------------------------
Trade Setup for 24-03-2022
1) Don't Jump in to trade at the beginning of the market. Let it get settle for 15-20min first and judge the...
Tata Power Company Ltd - 08.03.2022
The stock is trading @ 226 levels
The prices are above EMA
There is a SUPPORT Zone @ 202 levels
RSI is 58 in Weekly Chart
Let the prices go above 228
watch out for the price actions
NOTE: The stock is trading @ 226 in real-time
Tata Power Company Ltd is India`s largest private sector power utility with an installed generation capacity of over 2785 MW. The company has emerged as a pioneer in the Indian power sector, with a track record of performance, customer care and sustained growth. Tata Power has a presence in all the segments of the power sector viz generation (thermal, hydro,...
Hi guys, I hope you all are doing well.
Tatapower has given a breakout of the upper resistive trendline and all together a breakout of the symmetrical triangle pattern which also looks to be a part of a bigger flag & pennant pattern.
Buy above - 230
Targets are mentioned in the chart above
The best part is that cnxenergy has recently given a breakout after a...
NSE:TATAPOWER
I am posting this as one of the follower on twitter requested.
Observations:
1) On 1day time frame, it is now back above 21DMA.
Major support is at 220 level.
And if it sustain above 21DMA then we can see upmove to continue.
21DMA is placed at 231.42 level range. Which will work as immediate support.
Today's volume was slightly lower...
![TATAPOWER: Simple Trade Setup | TATAPOWER | 02-05-2022 [INTRADAY]](https://s3.tradingview.com/h/HfiG5ap4_mid.png "Simple Trade Setup | TATAPOWER | 02-05-2022 [INTRADAY]")
![TATAPOWER: Simple Trade Setup | TATAPOWER | 24-03-2022 [INTRADAY]](https://s3.tradingview.com/m/mV0E31pf_mid.png "Simple Trade Setup | TATAPOWER | 24-03-2022 [INTRADAY]")
![TATAPOWER: Simple Trade Setup | TATAPOWER | 24-11-2021 [ INTRADAY]](https://s3.tradingview.com/j/jBCFU3jg_mid.png "Simple Trade Setup | TATAPOWER | 24-11-2021 [ INTRADAY]")