Tatapower bounced from SMA21Detailed analysis given on the chart.
Disclaimer: Holding in our portfolio
NSE:TATAPOWER
TATAPOWER trade ideas
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
TATA POWER at Important Support Tata Power is currently trading at important Support level (fibonacci leval and 20 moving average support). If it moves up we se all time high again.
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.Tata Power looking good for buying at this level. 1st Target would be the resistance zone if it breaks you can hold it for long.
Tata Power: Is there a Power shortage?Tata Power
Red Line resistance levels
Yellow line is neutral line and
Green line is support line
High made yesterday was 267.85. From there we saw a huge selling pressure which indicates Bulls were happy to book their profits at those levels.
Given the set up trading strategy that may be considered
Sell Tata Power 28 Oct expiry 270 Call Option
currently around 7.3
The strategy has max profit potential of Rs 49275/- (yield potential of 12.5% on margin requirement till 28 Oct)
The strategy covers risk for a rise in stock price up to 277.3 till expiry (which is 10 points higher than the high made so far)
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
Tata Power - Resuming of TrendLooks like resuming of Trend is on the cards
Strong rejection from lower levels in Hourly charts
Risk to reward is favorable
Small resistance area ahead ( Buy above the if poss)
Or add some at lower levels to manage Risk
TATA POWER Triangle patter breakout Tata power Shows good upmove after correction today and at closing triangle breakout pattern seen 15 min chart, at same time breakout line at good support line so both this indication are showing upmove continue to next target 235-250 in 2-3 trading session whereas today sgx nifty also sign positive opening tomorrow, long position build up from here till 18500-18600 for nifty.
this analysis purely on technical basis, advice to take your own call after study at own risk.
#TATAPOWER - Bullish MomentumTata Power Company Ltd. sharp negativity was there around 210-200. Crossed 231-240 resistance here. More Upside move is very much expected above 241 level. Strong Stock.
On Daily Chart, both Relative Strength and RSI (>67) are positive. Looks Bullish above 241.
Note: The idea shared is for educational purposes only.
Not a trade idea. Please consult your
Financial Advisor before taking any trade.
'TATAPOWER' INTRADAY STOCKBuy/Sell only on given levels. The above chart is only for educational purpose. Make sure you don't trade blindly, reanalyze and trade.
We can notice rally today….Tata Power is always my fav in terms of breakout.. we can notice up move today
TATAPOWER SHORTING OPPORTUNITYTATAPOWER looks bearish on hourly time frame as well as on weekly & monthly time frame. Below 220 level we can go short on 15min time frame
Weekly timeframe = It had formed bearish shooting star candle
Monthly timeframe = It had formed long upper wick candles indicating bearishness
Tata Power Stock Price AnalysisTata Power Fake breakout.
keep an eye on it.............................
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 BreakoutTata Power has seen a multiyear Price Breakout, supported by huge volumes. The stock has witnessed a tremendous increase in interest from the market, mostly supported by the renewable energy boost. Its a must buy for all the portfolio. Also, fundamentally very strong, one can buy and hold for the long term portfolio, and Buy in every dip of 10-15%.
CMP 163.75
Target 1000
Duration 5 years
Tata Power Gap will FillA perfect breakout is coming. After the breakout go and fill the gap and it will return to all time high . Its my view in tata power. I hope it will happen.
TATAPOWER 100% Gain in 57 Days, Booked partial profit.On 2021.08.23 Shared buy TATAPOWER Between 127 to 129
And in 57 Days it has given 100% Return.
I am still holding the stock. and booked partial profit.
