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 as per Daily chart Analysis.
Today ADANI POWER, IEX and TATA POWER has shown good momentum and among these ADANI POWER had no seller after 1.30pm.
There should be a Good momentum for these power sectors for tomorrow.
TATA Power Above 238 and Target 245 / 250 / 258 / 268
Happy Profitable Trading to All...
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.
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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 15min time frame, we can see it is now trading below the support channel.
Please refer below chart : 15min time frame.
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Trade Setup for 25-04-2022
1) Don't Jump in to trade at the beginning of the market. Let it get settle for 15-20min first and judge the price action.
2)...
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.
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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
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...
NSE:TATAPOWER
Observations:
1) On 1day time frame, it is trading above 21DMA and 21DMA is immediate support.
Breakdown of it will make it bearish.
21DMA is placed at 231.04 level.
So we can say that 230-232 level range is immmediate support zone.
Please refer below chart : 1 day Time Frame.
2) On 1day time frame, we can see it gave breakdown of the...
NSE:TATAPOWER
Observations:
1) On Daily time frame, it has been trading above 10DMA. 10DMA is placed at 231.89 level.
Immediate critical support range is 230-235 level range. Breakout level is 250 level.
Please refer below chart : 1 day Time Frame.
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Trade Setup for Date: 15-11-2021
1) Don't Jump in to trade at...
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...
![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 | 25-02-2022 [INTRADAY]](https://s3.tradingview.com/t/tAAV0aRh_mid.png "Simple Trade Setup | TATAPOWER | 25-02-2022 [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]")
![TATAPOWER: Simple Trade Setup | TATAPOWER | 22-11-2021 [ INTRADAY]](https://s3.tradingview.com/x/x3gFf0wG_mid.png "Simple Trade Setup | TATAPOWER | 22-11-2021 [ INTRADAY]")
![TATAPOWER: Simple Trade Setup | TATAPOWER | 15-11-2021 [ INTRADAY]](https://s3.tradingview.com/j/JajPaZbi_mid.png "Simple Trade Setup | TATAPOWER | 15-11-2021 [ INTRADAY]")
![TATAPOWER: Simple Trade Setup | TATAPOWER | 01-11-2021 [ INTRADAY]](https://s3.tradingview.com/j/j9ZH7e5E_mid.png "Simple Trade Setup | TATAPOWER | 01-11-2021 [ INTRADAY]")