Hold up with tata power till results..Waiting for 6th April.. Tata power have got various deals with govt.
TATAPOWER trade ideas
TATA POWER | REVERSAL | TECHNICAL ANALYSIS | SWING TRADETata Power showing a reversal in a downtrend in 1 H timeframe. Nice BUY opportunity!!
Buy around 123.5 to 124
Stop Loss around 122 to 122.5
Target 1 at 125.5
Target 2 at 127
Indicators used are Fibonacci Extension and Fib Time along with reversal signs in RSI in different timeframes.
Tata Power ShortAfter 5th impulse wave, this stock is going for ABC correction wave. Probable tgt: 108
This is my personal view, not a recommendation to trade.
Trade at your own risk.
TATAPOWER Symmetrical Triangle Formation
The Symmetrical Triangle Chart Pattern indicates an ongoing period of price consolidation before the prices breakout.
A bullish symmetrical triangle is a bullish continuation chart pattern, the movement preceding the triangle’s formation must be bullish.
On the other hand, A bearish symmetrical triangle is a bearish continuation chart pattern, the movement preceding the triangle’s formation must be bearish.
The symmetrical triangle pattern is different from a descending or ascending triangle pattern as both triangles’ lower and upper trend lines slope towards the center point.
A horizontal upper trendline is formed in ascending triangles that predict a higher breakout.
With a descending triangle, a horizontal lower trendline is formed that predicts a lower breakout.
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Perfect time to enter Beautifull rally waiting to be captured
short term target of 10% and then pullback
Tata Power Possible Breakout on Hourly Time frame!Tata Power has been consolidating in a tight range on the 60 min chart as well as the daily chart. It has been consolidating in a symmetrical triangle range . Buyers are seeming to be strong , so it may show a good up move in the coming days. Track this stock closely!
Tata Power Tata power have consolidated for a whole month inside a triangle pattern. Looks like it can give a gud move above and also has a gud support on the trendline. Feel free to comment what you think.
TATAPOWER | TARGET AND LEVELS | Intraday/Positional Any Trade NSE:TATAPOWER
TARGET and LEVELS for TATAPOWER. This will work in both Intraday or positional trade.
Advise Trade with Stoploss.
Buy Tata PowerGo for Long position in Tata Power..
Showing good consolidation and a confluence of trend line and a triangle pattern.might be a wealth creator.
