Keeping Stoploss to 100 closing basis
Might be a big jump and should wait for further confirmations. If it can not cross then it may fall heavily ever seen
the stock has nearly same structure as DLF of about 10 year consolidation although it did went above 90 2 times after 2010 unlike dlf. if it sustains above 90 with good volumes it can do wonders
. . . DM for any Enquires
Please follow the levels marked in the chart which is based on following observations : 1. Triangle pattern in a 2H chart. 2. RSI declining divergence on a Daily chart 3. Declining volume or buyers. Initiate sell position only on down break-down with a good 7% move. Check for a retest on a 30Min or 1 Hour chart as well! Aggressive traders can short now as I...
thats how i traded TATA POWER. . . DM for your Enquiries
Tata Power made a correction and took support in 23.60 retracement level, high possibilty of making a bullish move from here.
NSE:TATAPOWER TataPower getting back from retracement level of 23.60 and near S&R level. Breakout might give a Good target.
TATA POWER IS MAKING TRIANGKE PATTERN IN CHART . IT IS NOT ADVISE IT IS MY VIEW ON MARKET .
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.
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.