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.
Weak Below 237.40
More weakness below 227 till 220-215
More levels latter...
Over all weak below 237.40
Two consecutive close above 237.40 only trend will change...
TIll then sell on rise near 237
Investment SIP 1 : if u get near 194-196
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 15min time frame, we can see it is now trading below the support channel.
Please refer below chart : 15min time frame.
-------------------------------------
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.
-------------------------------------
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
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...
TATA POWER formed triangle pattern and preparing for breakout. Also formed bullish engulfing candle. Can go long if it sustains above 231. Also you can hold for the mentioned targets keeping stop loss below 214.
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.
-------------------------------------
Trade Setup for Date: 15-11-2021
1) Don't Jump in to trade at...
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 .
Disclaimer: It should not be assumed that...
![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]")
