TATAPOWER trade ideas
Tata Power in uptrendTata power in uptrend rising channel.
BO above 137 may proceed for target of 154. SL 121.
Only for educational purpose. Not a recommendation.
Tata Power Multiyear trend line breakoutNSE:TATAPOWER has broken multi year trend line with good volume
Long above 92
First Target 100
Second Target 115
SL 70
Flag Pattern Retest in TATA PowerHi guys, as you can see TATA Power has made a bullish flag pattern and had already given a breakout. Now it has come to retest the trend line. I think it's a good time to enter the trade.
Disclaimer: Please don't get into the trade , do your own due diligence, it's just an idea that i am trying to give.
TATA Group ! 28 companies Overview** ALL MONTHLY CHARTS ** to get a birds eye view of their life
-1----TCS---->
2-----TaTa Metaliks=--->
3-----TaTa power--->
4-----TaTa Elxsi--->
5-----TaTa Motor DVR-->
6-----Tit@n--->
7-----TaTa Steel-->
8-----Nelco-->
9-----TaTa Motors--->
10-----Tinplate-->
11-----TaTaSteel Long product-->
12-----TaTa Investments-->
13-----TaTa Consumer-->
14-----Indian Hotels-->
15-----Voltas-->
16-----TaTa Comm-->
17-----Trent-->
18-----TaTa Coffee-->
19-----TaTa Chem-->
20-----Tata Teleservices--->
21----Rallis india-------->
22-----Tayo Rolls-------->
23-----TRF--------------->
24-----TataSteel BSL----->
25----Benaras Hotels---->
26-----Automobile Corp. of Goa---->
27----Arteson Engineering---->
28-----Automotive Stamping & Assembly--->
TATA Power 4h chart TATata being a fundamentally strong company with the upcoming and new projects, the fundamental analysis side looks pretty good for this stock. The technical analysis also seems to be decent as we see the price coming up to the lower trendline of the uptrend it is in currently, If we get any good news regarding tata power projects and collaborations we can definitely see the price break the previous high of the uptrend, the RSI being stable around at 44, looking at other indicators, I don't see a MACD crossover yet.
Target prices would be:
1)137
2)145
Stop Loss:
119.5
Consolidation in channel. Go for position at every dip of consolidation. Tata power holds huge potential..
TATAPOWER 1Mtatapower one month swing, positional long
tatapower one month swing, positional long
tatapower one month swing, positional long
okThe plotting functions are great, and the ability to make custom indicators is really useful for both manual traders and automated systems.
First attempt ⚠ NOT AN INVESTMENT ADVICE ⚠
Learning chart patterns, please let me know if I made any mistakes. A double bottom pattern + triangle pattern break with good volumes.
Entry - 133
Target - 148
Stop-loss - 126
TATA POWER head and shoulderTATA POWER is making a good inverse head and shoulder pattern. It also has given a good closing in 15 min timeframe. So if it continues can give a good intraday target.
Comment down your thoughts.
Tata Power - Breakout patternTata power has shown a breakout pattern in the above chart. Retracing back to breakout level at 127/128. Long position can be initiated at that level.
The above chart is for information purpose only. Consult with your advisor before taking and position.
Tata power Good short candidateTata power spot cmp 135
Bearish butterfly pattern formation
bearish divergence in RSI and MACD,,
Trend reversal possible
Good short candidate
Multi Year Breakout - Retesting DoneTata Power Co. is involved in the business activities of Electric power generation, transmission and distribution.
It has already broke out of Multi Year Resistance with Lifetime High Volume. The Stock made high of 115 after breakout and retraced back to retest its breakout. It is now comfortably placed above its resistance levels and ready for new highs.
Accumulate with SL at 90 for Targets of 115-140-160 respectively.
Tata Power for long termStock is in uptrend forming HH & HL & prices took support along trendline and broken long term resistance (111 to 118) which now acting as Support Zone.
This Stock has all the potential to give multifold returns if held with patience.
Tata Power - Aug 140 CEOptions trading strategy for Tata Power 26th Aug Expiry at Strike price 140 CE.
