Tatapowerview
Simple Trade Setup | TATAPOWER | 15-11-2021 [ INTRADAY]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 the beginning of the market. Let it get settle for 15-20min first and judge the price action.
2) Everything is mentioned on the chart. I hope it is easy to understand.
3) All the levels will work as support, resistance, entry and exit w.r.t price action near that level.
4) Avoid gap up or gap down chase. Wait and trade between levels.
Please refer below chart for levels.
Hope I made it easy to understand it.
Do comment your doubt or suggestion.
Note: Trade with Strict SL. It may or may not hit all the levels. So one can book profit / loss at respective level considering how price action works near that level.
Tatapower Buy short termI 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 the methods, techniques, or indicators presented in these chart will be profitable or that they will not result in losses. There is no assurance that the strategies and methods presented will be successful for you. Past results are not necessarily indicative of future results. You should not trade with money that you cannot afford to lose. Examples presented in these charts are for educational purposes only and it should not be assumed that these are indicative of ordinary trades. These setups are not solicitations of any order to buy or sell. The publisher assume no responsibility for your trading results. There is a high degree of risk in trading.
TATA POWER: Powering on...After touching high of 267, the price retraced to 201. After a tight consolidation we now seen an upward movement. Initial target is 268, after which the price can touch 297.
Around 297-300, I feel the momentum might slow down and extreme caution is to be exercised in case of new positions, since the stock has already given a substantial move. However, I am bullish on this stock over long term and I personally hold them with a long term view.
Simple Trade Setup | TATAPOWER | 01-11-2021 [ INTRADAY]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 refer below chart : 15 min Time Frame.
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Trade Setup for Date 01-11-2021:
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) Everything is mentioned on the chart. I hope it is easy to understand.
3) All the levels will work as support, resistance, entry and exit w.r.t price action near that level.
4) Avoid gap up or gap down chase. Wait and trade between levels.
Please refer below chart for levels.
Hope I made it easy to understand it.
Do comment your doubt or suggestion.
Note: Trade with Strict SL. It may or may not hit all the levels. So one can book profit / loss at respective level considering how price action works near that level.
TATA POWER
Market was showing upside breakout, and did not sustain on that price level, and again came back to the trading channel, So that was false breakout. And you can see the red candle on resistance line, so obvious when we see bearish candle near resistance area, then we obviously view that stock now has bearish sentiment.
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...
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
Tata PowerTata power, daily macd indicator has given positive crossover and that also above zero line, it looks like the stock has started wave (5) of 3. as of wave (5) unfolds, the stock can possibly rise higher to 140, 146, 151, 160, and 171 levels. one can go long at these levels or in dips (if any opportunity) price can dip towards green box buying zones mentioned on chart with stoploss of 121.
wave structure could be like this
key levels are mentioned on chart
macd in daily pco above zero line and uptick
rsi in daily is uptick and above 60
price above med.bollinger
dmi and adx positive
Disclaimer
I am not sebi registered analyst
My studies are for educational purpose only
Consult your financial advisor before trading or investing
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.
TataPower ShortI 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 .
Thank You
Disclaimer: It should not be assumed that the methods, techniques, or indicators presented in these chart will be profitable or that they will not result in losses. There is no assurance that the strategies and methods presented will be successful for you. Past results are not necessarily indicative of future results. You should not trade with money that you cannot afford to lose. Examples presented in these products are for educational purposes only and it should not be assumed that these are indicative of ordinary trades. These setups are not solicitations of any order to buy or sell. The publisher assume no responsibility for your trading results. There is a high degree of risk in trading.
Tatapower Bullish Trend with changing channelTatapower having a bullish approach through a changing channel.
ABCD harmonic pattern created with multichannel setup where BC has done a perfect Fibonacci retrenchment of 0.786 i.e. at Rs.50.35.
Now expected move is CD which could be Rs.67 to Rs.77. as per channel and Fibonacci Extension level.
[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.