TATAPOWER trade ideas
Tata power chart analysisBuy when the price take a support at the 10 EMA line and starts moving up again.
Tatapower with SL @135Entered Tatapower sl 135. One can enter even now. Seems to be a set for a strong move. Targets open.
FY21-22 Swing Trade Idea #181: Long on TATAPOWERThis is a public swing trade idea (other private ideas accessible through website) and is only for Learning and observational purpose. Please understand your risk and take full responsibility of your actions. We would comment on any further updates on our entry, targets and stop-loss on this idea, so make sure to follow if you want to get further updates. Our objective to help anyone who wants to learn technical analysis using charts. You can post your queries in comment section here and we will try to answer asap.
Deep Crab Harmonic pattern forming in TATAPOWERStudy purpose only.
Short at PRZ area or can exit any long position at PRZ area.
Analysis can be wrong so maintain proper stoploss or so your own analysis
Proof to go long on Tata PowerAfter reversal of trend from 89.70 on 12 April 2021, Tata power has shown a consistent rise in its stock price. Applying Fibonacci retracement on this trend, strong support is formed at 120.70 (0.786 mark on fibonacci retracement). As per the current trend line, the stock prices should continue to follow this trend at least till 15th Nov 2021, which is the day of earnings being released, until a target of 145.35. Even after that, the stock prices could continue to rise till 162.65 by the early months of 2022, before we experience any trend reversals.
TATAPOWER (Trend)-Can scale new ATH
/*
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.
*/
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.
Please don't forget to hit like button if you liked the idea and please comment your views. It will motivate me to post more.
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
