TATAPOWER (Trend)-Can scale new ATH
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Please do NOT consider these as trade recommendations.
I' am an amateur and posting these charts helps me understand the market better.
I' am open for suggestions/advice.
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TATAPOWER trade ideas
TATA POWER 🚀🚀 Upcoming Days Tata Power after breakout 🚀 🚀
Target 1 - 155
Target 2 - 175
Stop Loss - 130
Uptrend tata power and tata moter simultaneously . 🚀 🚀
TATA POWER BREAKOUTTATA POWER is trending since May and it was making a good ascending triangle structure and now it breaks the supply zone. so we can expect a good upside move very soon. if you have a position then could add more tomorrow if the PDH broke in 5 min tf.
#Tatapower cash : Looks good above 142.50#Tatapower cash -Positional call
15.09.2021
Looks good above 142.50
stoploss 134
Target 154-155/168
cmp 140.05
BUY TATA POWER Market Cap
₹ 42,498 Cr.
High / Low
₹ 138 / 50.0
Stock P/E
29.9
Book Value
₹ 65.2
Dividend Yield
1.17 %
ROCE
7.36 %
ROE
3.41 %
Face Value
₹ 1.00
Tatapower | Flag Pattern BO | 4H Swing tradeTechnical Reasons -
1. Flag pattern BO.
2. Huge Volume spurt this time to support BO.
3. Fib support of 50 can be seen.
Good opportunity for BO traders, trend confirmation if give closing above 130 and 136 will be first target.
This is only for educational purpose and not any recommendation.
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Thank-you !
TATA Power - Consolidating near ATHAll trade ideas provided are the opinions of the publisher and should not in any way be considered as financial advice. Please do your own research and consult your advisor before investing in stock markets.
tata power swing plus long term best for both long and swing because of the chart pattern. hope you like it all.
Tata Power, for Targets of 1501. After accumulating for almost 20 days, the stock is forming it’s base at ₹130 (Decade old highs).
2. With the ongoing policies of the government pertaining to power sector to streamline DISCOMS, and push towards electric cars, will impact the performance of the stock positively.
3. Increased infrastructure in states like Jharkhand and Odisha will also give it a natural lead.
4. It’s pact with Japanese company for lithium ion batteries has strengthened its core.
* it is also in race for the tender of providing electricity to the state of UP
Chart pattern Tata Power TG 135 SL 120Tata Power for Short tearm
TG 135 , 142 , 149
SL 120
Duration 1-3M
ANALYSIS TATA POWER Market Cap
₹ 42,578 Cr.
Current Price
₹ 133
High / Low
₹ 138 / 50.0
Stock P/E
30.0
Book Value
₹ 65.2
Dividend Yield
1.16 %
ROCE
7.36 %
ROE
3.41 %
Face Value
₹ 1.00
tatapower higher hightatapower higher high higher high formation ..............................................................................................................................................................
TataPower , 1 Hour Demand , Coiniciding Daily DemandA good 60 min Demand which is coinciding Daily and 4hour demand.
We can Expect 6 RR , 1:6 RR
TATAPOWERTrading in channel since a long time now taking reversal from lower trend line. Buy above 134 tgt 150 it also can be kept for long term.. For educational purpose only. Kindly contact your financial advisor before entering any trade.
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
TATA POWER LOOKS GOOD buy 135-135.50 tagret 142 sl 132 it break the resistance of 135 and its previous high is 137 when it break the previous ghigh we can easily achieve our targe you can also buy 150CE
