tata power on a daily time frame bullish wedge price action formed in tata power on a daily time frame.
if it breaks the resistance , we can except breakout in coming 2/3 days
TATAPOWER trade ideas
Chart of the week. Tata Power. 9/1/22This is my dark horse and I am recommending this share since 114. This is my 5th buy recommendation for this stock. Last week Tata Power has given a up flag breakout. This is a very good techno-funda stock. An investor should have this stock in their portfolio.
Target - 368 Weekly.
SL - 205 Weekly.
View - Medium term.
Chart Analysis of Tata PowerDescending triangle breakout done on weekly basis.
Energy sector looking strong for upcoming weeks.
Target 1 : 268
Target 2 : 308
SL : 210 WCB
Only for educational purpose. Not a recommendation.
Tata power . Breakout and retest done . Ready to fireeeBreakout and retest done in Tata Power.
looking strong above the resent resistance at 237 .
Also taken support on 50 EMA.
Keel SL near 213-215
After ATH break it can give long rally immediately.
TATA POWER .Breakout and Retest done.Tata power has given a strong breakout after a correction . It looks strong about nearest resistance of 237 . Stop loss is near 215 .
Chart Analysis of Tata Power (8 Jan 2022)Descending triangle breakout done on weekly basis.
Energy sector looking strong for upcoming weeks.
Target 1 : 268
Target 2 : 308
SL : 210 WCB
Only for educational purpose. Not a recommendation.
#POSITIONAL KASH STOCKTATAPOWER the stock has managed to cross the descending channel pattern as well as manage to break the triangle pattern. So In the future, we can see a good move in the stock. My personal target is of 250 - 265.
Request you please do your own study. I may be wrong at any point of time.
Tata Power for long termDisclaimer: This is for demonstration and educational purposes only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before making any trade.
TATAPOWER #TAView230 immediate ressitance, if closed above then in the short term can reach tgt-1 and tgt-2
Triangle Pattern breakout is expected in TATA POWERTATA POWER formed triangle pattern and preparing for breakout. Also formed bullish engulfing candle. Can go long if it sustains above 231. Also you can hold for the mentioned targets keeping stop loss below 214.
Tata Power ready for breakout?Hourly char structure, ascending trend channel, now near the supply line of the channel, breakout can confirm if we get a strong bullish candle crosing the resistance line
Tata Power short term focusTata Power Looking Bullish for short term...
Concentrate if price sustain above 228....
tata power longif tata power breaks the resitance level of 230_232 and sustains on a daily time frame over it
then its a proper breakout t1-260 target 2 - 300
for educational purpose only
im not a sebi registered person please ask your financial advisor before entering
Tata Power BreakoutNSE:TATAPOWER
A breakout of the flag pattern, upward move expected
Short-term target : 250 - 260
Long target : 350
AS said before this stock has started upward journeychart itself says buy me
5 buy reasons mentioned in previous published chart
Ready for a breakoutTATA POWER which has been trading in a downtrend has formed a triangle pattern, The most likely scenario is buying after breakout.
Tata Power- Ready for 10% upmove?Nicely poised for a Triangle Breakout to reach the first target of around 250.
Tata Power: At crucial resistance levels & trading strategyTata Power
- The stock is at crucial trendline resistance
- 216 is an important support level which if broken would lead to further fall
On the upside 230-236 odd levels has the potential to act as resistance
Given the set up, one may consider a Bear Call spread strategy.
Take care & safe trading...!!!
Disclaimer
- The view expressed here is my personal view
- Past performance is not a guarantee for future predictions
- Use this for educational purpose
- Any decision you take, you need to take responsibility for the same
- It's your hard earned money. Treat it wisely
- Trade / Invest keeping in mind your trading style, goals and objectives, time horizon & risk tolerance
- if trading in F&O, understand that F&O trading involves risk
- Do take proper risk management measures
- Do your own analysis and consult your financial adviser if need be
Trade Plan 05 Jan 2022 onwards : Tata PowerLevels as mentioned on the chart
Similar chart of Dwarikesh Sugar up & in +20% UC
'Views are for ‘’EDUCATIONAL PURPOSE ONLY’’ trade at your own risk.
"Always Respect Risk"
Happy Trading
Jai Hind
Tata power Dated 4th jan 2022 CMP - 226 will give a breakout and go long. do your own analysis and decide.
