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
TATAPOWER trade ideas
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.
TATAPOWERTATA Power has broken 255 resistance which before acted as Longtime and strong resistance. Now has bullish view to reach 320 price level. 277 is Support and 290 may Good price for entry.
TATAPOWER - WatchTATAPOWER - The chart is in Weekly Time Frame.
Based on today's close - 298.6 is close to the top during Apr 2022.
We can see two patterns.
One - Double Top
Two - Raising wedge.
However stock has been on a strong uptrend from the past couple of weeks.
Its above all indicators and Moving averages on Daily, Weekly and Monthly time frames.
Add to watch list - see if we can make something from Dec 300 PE.
Tata Power- ATH nearby. C&H breakout doneTata Power- Beautiful Cup and Handle Breakout done. At the verge of breaking all time high. Entering after 300 is advisable for the target of 370.
Note: This is for educational purpose only.
TATA POWERBUY @ CMP
Tata Power is looking for buyers to make the profits, get ready for the following levels as targets
stoploss - 251.20
Targets - 262, 272, 279, 289
follow the levels to trade better
folllow my ideas for better updates
will update the next movement
all the ideas are for education purpose only
Tata Power Tata Power long consolidated and then bullish candle form once a brake out then Target 570
Breakout in Tata PowerTata power has given a breakout in daily time frame after a consolidation
Buy at cmp
Target 295
Sl 265
TATAPOWER powerpacked setupAfter recent pullback from accumulation zone as mentioned in chart,it's back to the medium term Trendline showing aggressive accumulation near 250 levels good upside upto 25% & breaking ATH
TATAPOWER TRAINGLE BREAKOUT TATA POWER breaks the triangle pattern going long, plus the recent earning results indicate earning growth.
Tata Power Q2 Results: Net profit rises 8% to ₹1,017 crore, revenue up 12% YoY.
Possible to cross the all-time high of 277.
TATA Power: Bullish Flag Breakout awaitedTATA Power has given breakout (near Rs 80 range) on a weekly time frame "couple of months before". This breakout took time of around 12 years.
It has already RETESTED its weekly support.
There are some fundamental news also floating around.
* Electric Vehicle Boom Era and Green Energy: Its management is working hard to replace it's thermal power plants to the "Fully Green" power generation power plants, so that it won't miss the upcoming boom. It is also working to provide Electric Vehicle charging stations to more and more cities.
Etc.
I am expecting a breakout due to "bullish flag" chart pattern. Remember, the daily candle is invalid if it has more wicks and less body, and it must close higher than the resistance line. Entry can be made after 3:00 PM when the daily candle is nearly closed. SL can be placed below the low of "breakout candle" or below the previous support.
I'll update SL and Target after the breakout.
Disclaimer: Please do your own research before jumping into the trade. Till that, just be a spectator and evaluate how the prices move after the breakout. I already have open positions which I'll hold or exit at my SL.
#Tatapower cash : Looks good above 266.50#Tatapower cash -Positional call
22 Nov 2023
Looks good above 266.50
Stoploss 257
Tgt 284/298/308
Cmp 262.10
$NSE:TATAPOWER Will Tata Power go up in next trading session ?NSE:TATAPOWER Will Tata Power go up in next trading session. Update your thoughts in comments.
Ignore if huge gap down or gap up.
Follow strict stop loss.
Disclaimer:
This is not a financial, investment or trade advice. Its only for educational purpose.
TATA POWER LONG TERM BUYING LEVELTata power trading at good buying level for
#longterminvestment
buying zone #support 230-275
good move after breaking #resistance 300
good #q2result #growth
educational idea only
Tata Power looks good in 1 day TFTata power looks bullish in 1 Day time frame
Trending - Consolidation - Breakup - Retest - Wait for closing the swing
in 1 Week there is no confirmation as of now. Let wait for next week to get a good entry.
$NSE:TATAPOWER Is going to be Power Out for next couple of days NSE:TATAPOWER Is going to be Power Out for next couple of days ?
Ignore if huge gap down or gap up.
Follow strict stop loss.
Disclaimer:
This is not a financial, investment or trade advice. Its only for educational purpose.
