tata power longtata power strong structure on hourly
box breakout after pull back has been succesfully retest out
crossing above 248 with volume will give good momentum up move
TATAPOWER trade ideas
Tata Power Fibonacci Retracement SupportOn the 1H chart, we draw Fibonacci taking swing highs and swing lows. It's clearly visible that TaPo takes support at 0.236 retracements. If it sustains and respects these support levels, a further upmove to the levels where it faced resistance (i.e. the recent high tested yesterday 10/11/21).
Bullish on Power Tata Power at the confluence zone . Sustaining above 220 can reverse the trend with the target of 232-250-260+ .
Strong reversal seen with high volume @201 level . Hold for November month . Stopp Loss 215 on closing basis .
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.
tatapowertested resistance multiple times in hourly time frame if breaks targets should be 245 and 261
remember there is positive news in the market about tata power too...
trade according to your risk appetite I am not responsible for anything you gain or lose
only for educational purposes and not a buy or sell call, buy or sell on your risk.
tata power bullish new target publishedafter giving close to 60% return and achieving our target , tata power is set to make another leap of the bull trend
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.
Tata Power: At crucial resistance levels
The stock is at crucial resistance levels
Given the set up one may consider to sell 25 Nov expiry 260 Call option currently around 7
Strategy has max profit potential of Rs 47250- per lot and has in built loss protection for a rise up to 267
Take care & safe trading...!!!
Disclaimer
- The view expressed here is my personal view
- Past performance is not a guarantee for future predictions
- Use this for educational purpose
- Any decision you take, you need to take responsibility for the same
- It's your hard earned money. Treat it wisely
- Trade / Invest keeping in mind your trading style, goals and objectives, time horizon & risk tolerance
- if trading in F&O, understand that F&O trading involves risk
- Do take proper risk management measures
- Do your own analysis and consult your financial adviser if need be
Intraday Idea for Tata Power ;15 min; Consolidation after upmoveObserving 15 min charts of 9/11/21 gives a solid breakout from 233-35 levels. With big volumes, the stock is now consolidating in 15 minute charts. The chart structure stands strong, and hence a further upmove is assured. SL at 235.
*Not a SEBI Registered Advisor. Kindly take advices from your financial consultant before taking trade*
BREAKOUT IN TATAPOWER -- SWING TRADE Refer the chart for entry, sl and target. Breakout with a big green candle and high volume. Chart is self explanatory. Trade with proper risk management. Thanks. Cheers.
Tata Power - VCPVCP in play
Bullish breakout at 235 (with volume)
Risk to Reward excellent
View negated below 228 CLBS
TATAPOWER BUYING OPPORTUNITYTATAPOWER is trading near its Important resistance zone on hourly chart. Above 237 level good opportunity to go long.
Historic (6yrs) Breakout in TATA POWEROn the weekly chart..there is a breakout.
Buy above 89 and HOLD....Wait for a longer return...for Short term target is 100.
TATAPOWER Trend AnalysisTATAPOWER looks to have settled down after a long rally, forming a Support line at 200 levels and a Resistance Line at 230 levels
I see two options from here on,
A) TATAPOWER cannot break its resistance and corrects to 220 levels and retries after a period of time
B) TATAPOWER breaks the resistance and touched 240 levels after which it corrects slightly
Please consult your financial advisor before making any decisions.
Swing in TATA POWER Swing activates after 235 and stoploss will be 228. I’m expecting a significant upmove.. Grab this swing
TATA POWER may blast above 240 to 260.Tata Power analysis -
1. Major Support - 200.
Major Resistance - 265 zone.
2. Past trend - Up, strong selling from 267.
3. Current momentum - Every time since 21st
October faced selling from 235 and made lower low but on 3rd November failed to continue lower. We may have change in structure if it sustains above 235.
4. Overall market - Correction going on, but on up move day is all what is needed for Tatapower to test 260.
Conclusion -
Usual path should be going down to 200 but no high probability trade in that.
High probability setup will form if TATAPOWER sustains above 237, we can have a big trending day to test 260.
Look for below setup in 3 minute timeframe to buy - weak pullback after breakout of 237/240.
TataPowe is now Sideways trendIf the price exceeds 232.5 and then it will reach 248. Buy it in Rs 232.5 to 234.5
TataPowe is now Sideways trendIf the price exceeds Rs. 232.5 and then it will reach Rs. 247.5 to 248.5 Puy Price is 232.5 to 23.5
Tatapower bounced from SMA21Detailed analysis given on the chart.
Disclaimer: Holding in our portfolio
NSE:TATAPOWER
TATAPOWER Trend AnalysisTATAPOWER Noticed a correction from 267 levels after a strong rally and created a base at 199.
From 199, TATAPOWER has noticed a good pullback and there remains a chance before it breaches its 52 week-high
If it breaches the base, it might be a good time to accumulate.
Please consult your financial advisor before making any decisions.
tata power for swing tradetata power is looking good for swing trade in evry time frame ........... you can buy this share..... this may be ur diwali gift
