TATAPOWER trade ideas
TATAPOWER#TATAPOWER has developed a flag and pole structure on the daily chart. I expect the stock to break out from the flag range in the near future.
TATA POWER trading in a channel on hourly chartBreaking below 390 can give some good fall where as if it sustain above 390 then it can give move towards 400.
Tata Power - Bullish Scenario Tata Power has breached its previous resistance and is now headed for a target of 300. It’s trading above all the major EMA’s and RSI is also above 50.
TATA Power : Channel BreakoutTATA POWER :
Channel Breakout done
Long above 388, support at 380 and 375
TATAPOWER - Go LongFor Educational Purpose..
⚠️ I'm not a SEBI REGISTERED analyst & my view can be biased
⚠️ No Buy Sell recommendation, do your own Analysis.
#TATAPOWER IS READY TO BUY LONG
- Near 52W High
- Monthly Chart Flag n Pole
Waiting Time 3-6 Months
Long Above - 275
SL - 250
Target - 300, 325, 350 & More...
Thank you
Flag and Pole Pattern : Tata PowerThe flag and pole Pattern is a Bullish pattern indicating the continuation of the Trend. In 30 minutes, this indicates a strategic call for a breakout for Intraday trading.
Disclaimer: This is not a stock recommendation and I am not SEBI registered advisor. Take your investment decision wisely by consulting your financial advisor or doing your own research.
#flagandpole #tatapower #priceaction #stockmarket #intraday
TATAPOWER RANGE BREAKOUTTatapower breaking a range
with good volume and rsi
keep eyes on #earnings
EDUCATIONAL IDEA
Tata Power v wave pendingTata power may have made a short term bottom today at 313. now it can do 2 things:
First it can directly go high from here to 383-85 levels keeping stop loss at 302 below closing..
else it can waste some time here & consolidate in this range for sometime then go higher..
either way good to buy near 315-20 zone keeping 300 below closing as stop loss.
TATA power day chart Its moving on uptrend channel
if break 360 than Target 400.
Its moving on channel
TATAPOWER - Weekly Chart Analysis, CMP-357.75After the long cup with handle pattern breakout the stock is still rallying and we expect a small base formation of few weeks or a retest of some kind. So would suggest to wait for more confirmations and price action in the near future. Power sector on the overall is hot and strong.
278-298 shall act as an initial support for it but 246-267 would be the main support which is almost 30% south from the current levels. But on a weekly TF we shall give it enough room for the movement. Below this our view gets invalid.
432 - 453 - 527 - 587 - 620 are the levels it can test over the long term.
Disclaimer: This is just a study and shared here for educational purpose. It is not a buy/sell recommendation in any way. If you intend to trade this counter then do your own due diligence and trade at your own risk.
Tata power has given breakout Tata power is ready to go towards 400 .
One can go long from here and keeping a SL at 325
flag pattern breakout trading opportunity considered this analysis is my journal, not buy sell recommendation
Tata Power formed a flag pattern in daily time and weekly frame
highly bullish pattern, stock in a strong up trend after a short pause again it is breaking out
entry above the flag upper line
stop below the flag lower line
SELL TATAPOWER AT TOPTata Power got rejection and formed a resistance zone @ 330 - 340. Until it sustains above 350, the stock will remain weak and we are looking forward to see downward targets.
Take sell trade between 340 - 330 with the SL of 365, Targets for downside will be 285 and 260.
To motivate us, Please like the idea If you agree with the analysis.
Happy Trading!
TATAPOWER Monthly Breakout Targets 120% upside in 2 YrsTATAPOWER Monthly Breakout on chart suggest Targets 120% upside in next 2 Yrs.
Happy Investing.
Current Markets is for long term Investors.
Tata Power looking bullishConfirm your chart with us...
The cup and handle chart pattern seen in Tata Power
We bought at 277
Sl@ 270
Currently @ 333
Fresh entries wait for retracement for perfect opportunities
TATA POWER IS NOW MORE POWERFULAt all time high with huge demand and decent volume , price just crossed last year resistance breakout level..
TATA POWER TREND NOWTREND -POSITIVE
PRESENT ZONE-
Inbetween supply and demand zone.
FORECAST -As per ZONE
if breaks below damand zone 1 will target 298.If not will target ATH with some difficulty.
MY TAKE-
Must cross ATH for further rally.
(Note-only make entry at DEMAND ZONE's & Exit at SUPPLY ZONE's for BETTER RISK REWARD)
IF FOUND USEFUL KINDLY CLICK BOOST ICON
Tata Power - Looking good for breakout!The stock in long term consolidation phase but set up look positive for near term breakout.
Weekly Chart- The price consolidating in channel since Oct’21 and pole & flag pattern clearly visible in chart. The flag breakout will generate a significate return on long term basis, approx.to pole distance i.e., 55%.
Daily Chart – The breakout with bullish candle & volume and 20 ema continuously supporting the price at lower level.
Thanks
-AJ
Disclaimer: The information and publications are not meant to be, and do not constitute, financial, investment, trading or any other types of advice or recommendations.
Tata Power Stock Analysis (Oct '21 - Nov '23)Consolidation Phase: Traded in a range from Oct '21 to Nov '23.
Recent Rally: Notable 17% rally in a week, reaching a high of 335.95.
EMA Support: 20, 50, 100, 200 EMAs below price, acting as support.
RSI Overbought: RSI at 77.92, signaling an overbought condition.
Strategy: Recommend buying on dips, particularly below 300 levels.
Disclaimer: Trading involves risk. Information provided for educational purposes; perform own research.
tata power swing trade ideaprice broken last restance and taken a good support and bounce we can have a good opprutnity to buy for short or long term view . with 1 :10 RR .
TATAPOWER Bullish; above 279 on Monday 4 Dec. 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" buys in hope of another 2% upmove intraday.
"High Risk Traders" may have to 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 may 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
Stop Loss: @ "Open" price of the day OR "Breakoutprice"
This do not constitute, financial, investment, trading, or other types of advice or recommendation.
