Tata power seems to get towards new targetsTata Power appears to be moving towards a new target of 4%, with a possible second target of 7-8%.
TATAPOWER trade ideas
breakout stocks tata power is trading near BO and once increase volume it can fly , as per current volume it will consolidate for a week
Tata Power on the Verge of Another RallyThe stock price pulled back slightly after reaching an all-time high (ATH) of Rs. 444.
The decline in trading volume during the pullback suggests a potential reversal in price.
The stock appears to be forming a descending triangle pattern
The formation of a doji candlestick near the support level, combined with the 11-day EMA and the 0.236 Fibonacci retracement level, suggests the pullback may be nearing its end.
TATAPOWER bullish; above 440? - Thursday 18th Apr.The above information does not constitute investment/trading recommendation and it is purely for educational purpose. Please check the Strategy below...
SWING Trading Strategy:
Position is created, only upon stock closing above the entry price on day closing basis and is held on for 5-10 trading sessions for larger gains (5-10%)
INTRADAY Trading Strategy:
1) Impulse upmove stage: The strong upmove (nearly upto 2% from breakoutprice) happens within five to 15 minutes. "High Risk Traders" buy in hope of another 2% upmove intraday.
"High Risk Traders" patiently wait through the Pullback-Consolidation stage to realize profits. High risk/High reward set up as breakouts may fakeout (reversal)also
2) Pullback-Consolidation stage: After the above "Impulse upmove stage"; the price may then pull back and move sideways (between "Open" price and "High" of the above "Impulse upmove stage").
Safe traders with minimum risk profile wait for a breakout from the consolidation to enter at this stage to relize high profits in the final intraday final "Breakout continuation" stage
3) Breakout continuation: Stocks often in the third stage breaks up above the "High" of the first "Impulse upmove stage" and continue to go higher again.
Both Safe Traders/High Risk Traders book profits at this stage
This do not constitute, financial, investment, trading, or other types of advice or recommendation.
Tata Power - Upward TrendTata Power is in Upward Trend since 18jan, making HH and HL.
Made Bullish Engulfing Pattern at 4hr time frame on 14mar, following 9EMA rule too.
Chances of going up in next week.
For my learning and digital records purpose only!
TATA POWER abcd pattern active on long sideTata power has good fundaments
good to buy in higher highs structure
target on monthly TIMEFRAME 441
stoploss is previous swing low
entry should be on pullback
best entry possible if stock gives correction till in 289 to 300 zone
tatapowerstock : tatapower
trade : long (cash segment)
buy @ 438 above
sl @ 434
target 1 @ 444
target 2 @ 460
note :
this information for education only
Tata PowerTata Power after good uptrend stock went into Acuumulation & Distribution after that it gave good breakeout any retest level for this stock can be good opportunity to trade this stock
TATAPOWER TATAPOWER IS Always Golden Stocks for investers,As per flag pattern this stock Target is 425 in recent swing break 265 to small correction after boom 🔥🔥🔥
TataPower projection for coming weeks 11-04-2024I have analyzed the Tata power in daily and weekly and found these green line will be target. I have used trend, Candles stick & waves. Trend is quite strong now.
Tata Power Long : 7-8 monthsSuggesting Tata Motors as All time high has been broken after retesting once, Fundamentally the stock has been performing well and The whole Tata Group is gonna take a boost.
Tata Power Breakout Potential BreakoutTrendline Support
Crossed Support Levels
Above 200 EMA Hourly Basis
Powerful breakout Possible
Tata power vcp breakoutStrong RS on daily and weekly charts
Price and volume compression on right side
SL 387.5 buy near 407
TATA LONG RUN NSE:TATAPOWER
Long to go
Nice support and touching 50 moving average
Nice buy signal !!!
Tata Power For Swing/Positional Tata Power Prediction for Swing/ Posional Trading
Breakout at entry 1 (250) level. You can enter into trade at CMP or after 260.
Sls- according to you RRR.
Targets- 260,275,285,292,308,325,335,360,385,415,440,465,490,515,545,570,595,… (more will be updated later if need )
According to your “STOMACH” book your profit. Always maintain your risk management.
Watch Carefully – The Chart Explains For Itself.
Disclaimer:
I am not a SEBI Registered Analyst. Anything posted here is my own analysis and views. This is created for educational purposes only. Always consult your Financial Advisor before taking any decision or trade.
Happy trading.
About Tata Power –
Tata Power Co., Ltd. engages in the provision of power supply and transmission charges. It operates through the following segments: Generation, Renewables, Transmission and Distribution, and Others. The Generation segment consists of generation of power from hydroelectric sources and thermal sources from plants owned and operated under lease arrangement and related ancillary services. The Renewables segment includes generation of power from renewable energy sources. The Transmission and Distribution segment involves in the transmission and distribution network, sale of power to retail customers through distribution network and related ancillary services. The Others segment refers to project management contracts/infrastructure management services, property development and lease rent of oil tanks. The company was founded on September 18, 1919 and is headquartered in Mumbai, India.
TATAPOWER breaks the monthly resistance 🔥TATAPOWER breaks the monthly resistance wth massive volume. Expecting more than 20% upside move within a span 1.5 months.
TATA POWER CO LTD.Good Buy in TATA POWER
Best buy : In the range of 205-210.
For the Targets of : 215/230/250/280 +++++
Stop Loss : 195
Reason to Buy :
1: Good Support form the Demand Zone of 200-205
2: Break out of Falling wedge pattern.
3: Good Risk to Reward Ratio.
Thanks
Note:
This idea is only for the Educational purpose. Tarde at your own Risk.
If you like the idea plz do like & support.
Tata Power Company Ltd - Mid & Long Term OpportunityDate : 15-Feb-2024
Rating : Buy (Mid Term as well as Long Term Opportunity)
LTP : Rs. 378.85
Targets: (1) Rs. 412 --> (2) Rs. 448 ++
SL : Rs. 354
NSE:TATAPOWER - With due focus on renewable energy sector makes it a good prospect for investment.
Disclaimer : I am not a SEBI registered analyst/consultant and not recommending anyone to take any BUY or SELL position in stock market. Investing in stock market is risky and one should do a self analysis and validation before investing in stock market.
Range breakout in TATA POWER Darvas box range breakout
RSI above 70 and rising
Trading above EMA50
Volume spurt
Disc: not a recommendation, for study
TataPowerFlag pattern preceding the parallel channel BO.
In the past as well it has flag pattern or pole like movement.
Please keep into consideration, Tatapower Always follow how TataMotor moves. I have already posted similar structure in tatamotor.
