2% stop loss 8% target quick buck example ideaGolden Cross over confirmed in SMA44+RSI
Tested resistance broken
Fibonacci retracement shows immediate target of 500
TATAPOWER trade ideas
Tata Power- Green energy play - Buy Above 470. SL- 440Tata Powe r seeks over 3 GW of wind turbines for its hybrid energy facilities, with potential orders exceeding Rs 21,000 crore. Company aims for 20 GW capacity by 2030, as Tata Power shifts towards 100% clean energy by FY45.
If you observe the stock consolidated for 6/8 months and gave a darvax box breakout. The stock is now retesting from the same levels.
One can enter above 470 for targets of 530/600/650 with stop loss of 440
Disclaimer : Please do not treat this as Buy/Sell Recommendation
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Short term trading opportunity in Tata Power for > 6% upsideHi,
NSE:TATAPOWER has given a Bullish On Neck Breakout on Daily charts with very good volume.
MACD is also on the bullish side on Weekly time frames. RSI is also on the bullish side on daily, weekly and monthly time frames.
In the current market scenario, I am expecting that the bullish momentum will continue.
Complete price projection like entry, stop loss and targets mentioned on the charts for educational purpose.
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TATA POWERAll important points are marked.
𝐃𝐢𝐬𝐜𝐥𝐚𝐢𝐦𝐞𝐫: 𝐈𝐧𝐯𝐞𝐬𝐭𝐦𝐞𝐧𝐭 𝐢𝐧 𝐬𝐞𝐜𝐮𝐫𝐢𝐭𝐢𝐞𝐬 𝐦𝐚𝐫𝐤𝐞𝐭 𝐚𝐫𝐞 𝐬𝐮𝐛𝐣𝐞𝐜𝐭 𝐭𝐨 𝐦𝐚𝐫𝐤𝐞𝐭 𝐫𝐢𝐬𝐤𝐬, 𝐫𝐞𝐚𝐝 𝐚𝐥𝐥 𝐭𝐡𝐞 𝐫𝐞𝐥𝐚𝐭𝐞𝐝 𝐝𝐨𝐜𝐮𝐦𝐞𝐧𝐭𝐬 𝐜𝐚𝐫𝐞𝐟𝐮𝐥𝐥𝐲 𝐛𝐞𝐟𝐨𝐫𝐞 𝐢𝐧𝐯𝐞𝐬𝐭𝐢𝐧𝐠. 𝐒𝐭𝐨𝐜𝐤𝐬 𝐬𝐮𝐠𝐠𝐞𝐬𝐭𝐞𝐝 𝐢𝐧 𝐭𝐡𝐢𝐬 𝐠𝐫𝐨𝐮𝐩 𝐚𝐫𝐞 𝐟𝐨𝐫 𝐞𝐝𝐮𝐜𝐚𝐭𝐢𝐨𝐧 𝐩𝐮𝐫𝐩𝐨𝐬𝐞. 𝐖𝐞 𝐝𝐨𝐧𝐭 𝐦𝐚𝐤𝐞 𝐚𝐧𝐲 𝐩𝐫𝐨𝐟𝐢𝐭𝐬 𝐟𝐫𝐨𝐦 𝐭𝐡𝐢𝐬 𝐫𝐞𝐜𝐨𝐦𝐦𝐞𝐧𝐝𝐚𝐭𝐢𝐨𝐧𝐬 𝐞𝐯𝐞𝐫𝐲𝐭𝐡𝐢𝐧𝐠 𝐬𝐡𝐚𝐫𝐞𝐝 𝐡𝐞𝐫𝐞 𝐚𝐫𝐞 𝐜𝐨𝐦𝐩𝐥𝐞𝐭𝐞𝐥𝐲 𝐨𝐟 𝐟𝐫𝐞𝐞 𝐨𝐟 𝐜𝐨𝐬𝐭.
Tata Power : A consolidation Breakout 1)The stock is in series of higher high and higher low since October 23
2)It is consolidating in a range of 390 to 460 from last six months. In last few days it breakout from the consolidation zone with uptick in the volume. This could lead to a potential up move in coming month.
3) Relatively is also started outperforming the nifty move recently.
@tatapower range breakout done Swing trading concept NSE:TATAPOWER Swing trading concept
Range breakout strategy
Daily time frame
Duration 15-20 days
Breakout done with rising volume 📈🚨✔️
Stoploss at your risk
Do as directed
Do your analysis before taking any step
This is not trading recommendation or advise
Tata power 535 25/09🎯 Quant Pick 🎯 Clear breakout from horizontal resistance line
ICICI
Tata Power Company Ltd (#TATAPOWER)
🔸Initiation Range: ₹ 452 - ₹ 456
⏳Duration: 3 Months
🟢Target ₹ 525
🔴Stop loss: ₹ 415
TATAPOWER RECTANGLE BREAKOUT Tatapower breaking rectangle pattern
on weekly basis with good volume
macd is on verge to crossover
trading above 20 ema
#target 520+ soon
EDUCATIONAL IDEA
Tata Power & Tata Communications: Dynamic Duo Poised for UpswingTata Power
The stock has shown a significant upward trend, reached at the 460 level, where it encountered strong resistance.
As a result, the price pulled back and found support around the 405 level, entered a consolidation phase.
During this phase, a Pole & Flag pattern developed on the chart, and with a recent breakout supported by robust trading volume, the stock is primed for further upward movement.
Tata Communications
Overall, the price is on an upward trajectory, consistently making higher highs and lows.
After hitting an all-time high close to the 2070 level, the price faced a notable rejection, resulted in a sharp decline followed by a consolidation phase.
During this period, an Ascending Triangle pattern developed, and the stock has recently achieved a successful breakout.
The current price action indicates that the stock is poised for another significant rally.
#TATAPOWER Breakout from the consolidation
#TATAPOWER
Breakout from the consolidation
Good volume buildup
Target 468/470
Stop loss 445
I am just representing my views
For educational purposes only.
Thats a breakoutTata Power- 468.75
Elliott- 5 waves completes a wave. But in my view the third wave is still not done.
Fib - the next resistance will come at 575/580.
consolidation breakout TATA POWERTata Power Company Ltd is primarily involved in the business of the generation, transmission and distribution of electricity. It aims to produce electricity completely through renewable sources. It also manufactures solar roofs and plans to build 1 lakh ev charging stations by 202
Tata Power - BullishTata Power is near consolidation breakout.
Looks good to buy at cmp and buy on deep.
Target is 500-520.
Box breakout soon.
Let's watch upcoming trendLet' watch tata power where it will go
It is moving between 410 to 465 from last 4-5 months
TATA POWER TATA POWER shows W pattern breakout .
It is a bullish chart pattern.
trade set up:
Buy @ 437
Stop loss @ 432
Target @ 470
Note- These levels are according to my analysis.
If someone want to take any trade position, please do your own analysis.
VIEW ON TATA POWERBreakout from the consolidation
Good volume buildup
Target 460/469
Stop loss 445
I am just representing my views
For educational purpose only.
TATA Power in buy zone at 444TATA Power can be bought at levels of 444 maintaining strict sl of around 425-430 levels for target of 457++ 462+++ 480++ and 1-2 years of target of around 600+++
TATAPOWER on a 4-hour timeframeTATAPOWER on a 4-hour timeframe
Support Levels:
₹440,₹435,₹430
Resistance Levels:
₹450,₹455,₹460
These levels are subject to change as market conditions evolve.
These levels are based on historical data and may not be a guarantee of future price action.
These levels are not the only levels that can be used; traders can use other indicators, such as moving averages or trend lines, to identify potential support and resistance levels.
Current Market Conditions
TATAPOWER on a 4-hour timeframeSupport Levels: Look for previous low points on the stock chart where Tata Power's price has historically bounced back.
Resistance Levels: Identify previous high points where the price has reversed or faced selling pressure.
TATAPOWER on a 4-hour timeframe
Support Levels:
₹440,₹435,₹430
Resistance Levels:
₹450,₹455,₹460
TATAPOWER // Levels // 1 hour "Welcome to SkyTradingZone "
Hello Everyone 👋
TATAPOWER on a 1-hour timeframe
Support Levels: Look for recent lows where the stock price has bounced upward. For example, if Tata Power recently found support around ₹230, this would be a significant support level.
Resistance Levels: Determine recent highs where the stock price has struggled to break through. For instance, if the stock has faced resistance around ₹250, this level is crucial.
2. Trend Analysis
Determine Trend Direction: Analyze the general direction of the price movement over the past hour or several hours. Identify whether the stock is in an uptrend, downtrend, or moving sideways.
Support Levels:
₹440
₹435
₹430
Resistance Levels:
₹450
₹455
₹460
Turning Bullish: Tata PowerTata power recovered well from the support level of 402.
Bullish Momentum seen Above Short, Medium and Long Term Moving Averages
However, 20 EMA has to decisively cross 50 EMA to confirm the bullishness in weekly closing.
Key levels to watch: 442, 464, 472
Long term target: 490
