TATA POWER Trend Analysistoday 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 tomorrow we will see a new higher high pont ani a fresh new high low point. i hope tomorrow this share will follow thw same trend but in case of breakouts i arked the targated high and low point with green and red lines resp.
please let me know if i am wrong somewhere in analysis....
Thanks in Advance...
Tatapoweridea
May be We can Short sell Tata Power if 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
Simple Trade Setup | 02-08-2021 | TATAPOWERNSE: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.
Tata Power Possible Breakout on Hourly Time frame!Tata Power has been consolidating in a tight range on the 60 min chart as well as the daily chart. It has been consolidating in a symmetrical triangle range . Buyers are seeming to be strong , so it may show a good up move in the coming days. Track this stock closely!
⚡TATA POWER⚡ Ready for Blast 🔌 ?Take trade as per the values given in Fibonacci. always trail the stop loss. do your own analysis before taking trade
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TATA POWER is a perfect buy || Double Confirmation || Buy EntryTata Power has given a good retest from the key support zone along with the uptrend levels.
The risk: reward is greater than 2.5 in case of a push move.
Keep accumulating !!
Aggressive and Safe traders can take an entry for the next 1 month at least.
"Let me know in the comments section if you have any doubts."
[TATA Power] Gold Mine for Long Term. Opportunity for SHORT alsoHere 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 Rs.27. But if BREAK the channel then NEXT support level is expected at Rs 25 and Rs. 20 (VERY VERY STRONG SUPPORT).
So based on personal horizon & time-based profit opportunity, one CAN TAKE CALL FOR SHORT or LONG.
Thanks
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[TATA Power] 6.3% Profit achieved in 3 trading days, what next? 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 reversal or continue to fall !? . What could be Target price in both case?? If you want to know, please comment, will analyse further and post an update.