Box Break out at tata powerTATA POWER has recently given break out after six months consolidation at resistance. All power stocks are on the rocks....
TATAPOWER trade ideas
TATAPOWER - Simple AnalysisNSE:TATAPOWER
Tata Power technical outlook: If it continues the momentum then 260 is possible in next 10 days. It is very bullish above 270.
Can Tata Power repeat what Adani Power has done? Probably Yes.
Should you invest aggressively at this point? No. Wait for the breakout.
Can it fall from these level? Yes, it can but that will only give buying opportunity and my opinion will be to buy near the support zone.
NOT A RECOMMENDATION. JUST FOR EDUCATION. Thanks.
Tata Power at crucial resistance zone1 Crucial resistance zone
2 overall power sector is booming
2 consolidation pattern
3 stock is in a strong up trend in daily time frame
note small sl can be taken.
Tata Power gain some PowerAfter kong Consolidation Tata Power gives Brakout on DCLBS.
Everything looking on Chart
Caution- I am not Sebi registers post only for Educational Purpose
TATAPOWER TARGET 327TATA POWER crossed the double bottom neckline and was under bullish mode. Target 327
Tata Power Company Ltd.Tata Power Company Ltd.
Tata Power Company Limited is an Indian electric utility company based in Mumbai, Maharashtra, India, and is part of the Tata Group. The core business of the company is to generate, transmit and distribute electricity. With an installed electricity generation capacity of 10,577 MW, it is India's largest integrated power company. Tata Power has been ranked 3rd in the 2017 Responsible Business Rankings developed by IIM Udaipur. In February 2017, Tata Power became the first Indian company to ship over 1 GW solar modules.
TECHNICAL ANALYSIS. (Date 04/04/2022)
Time Frame - 1D
1. Stock breaks the previous swing high as well as the previous all-time high.
2. Stock makes new all-time high.
3. High traded quantity and 20.3% delivered quantity.
4. Supertrend is positive.
5. Alligators are in uptrend.
6. Stock trading above 20/50/100/200 DMA.
FUNDAMENTAL ANALYSIS.
SECTOR: Power Generation/Distribution.
1. MARKET CAP - ₹ 87,424.49 Cr.
2. P/E - 36.92
3. P/B - 4.68
4. ROE - 6.01%
5. ROCE - 6.65%
6. EPS - ₹ 7.41
7. CASH - ₹ 142.67 Cr.
8. DEBT - ₹ 20,551.76 Cr.
DISCLAIMER - All analyses are for educational purposes. it is not trading or investment advice.
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TATAPOWER--> POLE & FLAG BREAKOUTNSE:TATAPOWER
TECHNICAL ANALYSIS
--> TATAPOWER had made a impulsive upmove earlier and was consolidating in Flag Pattern since 6 months.
--> TATAPOWER has given a breakout from a POLE & FLAG Pattern.
ENTRY
--> Take a postion when stock gives 1 HR closing above 280.
STOPLOSS
--> SL can be placed below the Breakout Candle which is 249.
TARGET
--> Target will be the height of the Pole.
Breakout but it will remain in rangeAs per my analysis..it's clear tata power will remain in the range of 250 to 300
BOX PATTERN BREAKOUTWhen price break any well defined boundary above 200 Day Moving average then high probability price continue the trend .
Price provides additional benefit if we enter near a well defined boundary above 200 DMA , after any reversal candle .
Near well defined support our work is only Manage the risk and qty .
TATA POWER BREAKOUT - Green Signal BUY>It took nearly 6 months for a massive breakout... Cheers for all those who remained patience during 6 months of consolidation phase..next target is 320
Breakout in the trend line, based on your risk management go for buy.
>Safe traders wait for Retracement buy @275 ,
>Aggressive traders buy @276.
TATAPOWER BLAST !! Further levelsNSE:TATAPOWER
#NSE:TATAPOWER shared @ 247 on 4th and it trading @ 274 (11%) 🚀🚀🚀🚀🚀🚀
TATAPOWER APR 235 CE
RS: 1,62,000/LOT 💥💥💥💥
further levels marked for practice.
Happy LEarning !!!
Attached previous chart !!
Tata Power powers up...Breakout above 267 after a 25 week consolidation.
If the momentum continues, expect target of 326 in the medium term.
Always define a stop loss.
Check my previous view on Tata Power here:
Tata Power: Bullish cup and handle Tata Power is trying to move away from its 16 weeks of price consolidation.
There's a visible formation of a cup and handle chart pattern.
Can see a probable bullish price movement above the all time high level of 267.
Strong RSI and MACD lend support to bullish bias.
However, always keep a strict stop loss of 5-8%.
Note: Analysis only, Not a buy or sell recommendation. Please do due diligence and consult your advisor.
TATA POWER -- Bullish W Pattern TATA POWER DAILY CHART BULLISH W PATTERN
1. Stock trendline support at 200 level
2. Double bottom Formation seen at 200 level
3. Formation of Bullish w pattern on daily chart
4. Resistance breakout seen last daily closing candle
5. short term target 260+
BUY TATA POWER @ 241.35
TARGET 260+ short term ( 1 Month )
stop loss 220
** THIS IDEA IS FOR EDUCATIONAL PURPOSE ..Trade at own risk !
HAPPY TRADING . !!
TATAPOWER shared yesterday, Blasted with 37k/Lot profit Live !!NSE:TATAPOWER
#NSE:TATAPOWER shared yesterday with levels and it blasted !!
Live profit 37k/lot delivered !!! Further potential level marked.
Wish everyone enjoyed this trade.
Happy LEarning.
Like if you love the analysis.
TATA POWER.........longThe stock is coming out of consolidation. RSI is almost 60. So new targets of the stock as shown on chart
TATA Power - Looks good for BreakoutTata Power :
Above 247, Looks good for an upmove
Small resistance at 450
SL 243
TATAPOWER Resistance BONSE:TATAPOWER
#TATAPOWER trading in a range and BO may give good momentum.
Good above 247.
Happy LEarning.
Bullish Engulfing in Tata powerAt the brink of breakout. Can be a great buying opportunity. Also watchout for any breakdowns as it is forming an ascending triangle also.
will tata power turns toward floor ?on the assumption , tata power can be fall downwards because it is forming asn ascending traingle pattern with breakdown support
Tata Power (Long)Tata Power (Weekly):
1. Formation of Penant on bigger time frame
2. Consolidating at 38.2 levels
3. Taking Support at 5 Weeks Exponential Moving Average
4. Inside Candle Breakout
Tata Power (Daily):
1. Positive Crossover of 5,13 Days EMA
2. Pennant Formation
Addl Points:
1. FII/FPI have decreased holdings from 11.06% to 10.84% in Dec 2021 qtr
2. Mutual Funds have decreased holdings from 8.30% to 4.48% in Dec 2021 qtr
Note:
The above analysis is for educational purpose.
TATA POWER TATA POWER cmp233 moving towards TP=244++ sl@226 accmulate till 227 only. It's Harmonic pattern. #Robinhood Investment #Prediction analysis. (I am just a BOT trader 😄)
