chart analysischart for swing trade wait for a day and then execute according to tomorrow do ur own analysis happy trading
TATAPOWER trade ideas
TATAPOWERHello Traders,
I see a short opportunity here! Wait for the levels !!!
SELL Oppurtunity ***TATAPOWER*** at 105 for Targets 103/101/ with SL Placed at 109
Keep watch this space for more such ideas !!
Happy trading !
Regards,
Mind-Muscle
TATA POWER LOOKS BULLISHALL SIGNS OF BUY
Price on major support and also has trendline on bottom,
Has Clear Hidden Divergence, as shown on MACD & Regular Divergence, as shown on RSI
Use green lines as TP's,
Fundamentals also Look Bullish ,
economictimes.indiatimes.com
www.business-standard.com
www.indiainfoline.com
swing trades buy abv 103 , trg 106-108-110.
buy it at your own risk , i am not liable for any loses or gains .
only for education purpose.
Watchlist !!!Post reaching a max of 159 levels in 2008, the stock has been in a downtrend.
First time in ~ 11 years, stock breached the resistance.
Volume expansion can be seen.
Can be bought post-closing of 115 (bullish candle + volume) for the target of 131.
Note: Educational purpose.
TATA POWER: ON THE VERGE OF A GOLDEN CROSSTata Power is on the verge of forming a golden cross. A Golden Cross is a basic technical indicator that occurs in the market when a short term moving average (50-day) of an asset rises above a long-term moving average (200-day). When i see a Golden Cross occur, i view the chart pattern as indicative of a strong bull run.
Stock is near 52W high with significant volumes and RSI is also indicating price strength.
Target: 150
Horizon: 12W
Tata Power Chart AnalysisTata Power
cmp 108
Buy above 100
SL 89
Target 114 -130
Down trend channel breakout
MACD in +ve
RSI 65 ( rising)
Tata power elliot waveElliot wave theory has been followed in tata power if tata power goes above the previous ATH then we can expect a new wave formation.
TATA POWER - 9YR BREAKOUTMoving along with sector.
SL: Sell below Breakout Candle.
TGT: Breakdown of 20MA on Hourly chart (on a daily close basis)
BUY RULES:
Never ever buy before 3PM. I have been burnt many many times.Try to buy between 3:15 - 3:30PM, later the better.
SELL RULES:
Selling in Profit:
Sell earlier in the session when the prices are higher, around 11AM.
Selling at SL:
Give your stock a chance to recover by end of session. If it doesn't recover, sell anywhere between 3:00 - 3:30PM.
TATAPOWER 10-05-2021 ....next target !!Beautiful breakout with huge volumes in TATAPOWER , ofcourse after TATASTEEL which is stealing the show on NSE.....
hopefully to see TATAPOWER crossing .618 FIB Level.
SHORT TERM TARGET 130!!!
