TATA Power longIntraday long for target 77 .If close above 75 positional buy for the target (first target 80 ,second target 83 )
TATAPOWER trade ideas
tata power ascending triangle breakouttata power ascending triangle breakout with volume higher volumes above 20 sma.
Tata Power - Elliott Wave CountTata Power - Elliott Wave Count
Tata Power seems to have completed its correction and is now on an upward impulse wave with a target of 280 and beyond. However, if the market breaks below 230, this view will be invalidated.
Please note that this information is solely for educational purposes, and it is essential to exercise caution when trading.
NSE:TATAPOWER BSE:TATAPOWER NSE:TATAPOWER1!
$TATAPOWER - Cup with handleAs seen on the chart, NSE:TATAPOWER has formed a nice U-shaped Cup,
The stock was in an uptrend before forming Cup (up 27% recent bottom)
Took 51weeks to form the complete pattern.
47 weeks for Cup with a correction of ~25%
4 weeks for Handle with a correction of ~6%
Volume dried up during the first part of the cup.
But was good when coming out of the cup and also at the BO of the handle.
There is a high probability that this pattern will be successful.
With regard to recent results,
Total revenue was INR ~15000 cr, 2% Y-o-Y and 18% Q-o-Q.
EBITDA at 3005 cr, 43% Y-o-Y and -3% Q-o-Q.
PAT at 1141 cr, 29% Y-o-Y and 22% Q-o-Q. (after exceptional items)
15 consecutive quarters of PAT growth (Y-o-Y)
NSE:LEMONTREE 's pattern is still in progress
Disc - invested, for educational purposes only
TATAPOWER
Should we witness a breach of the flagpole at the 260 level?
The next target to aim for would be the Fibonacci level at 265.
In case the Fibonacci level remains unbroken, the lower support at 261 becomes significant.
In such a scenario, the formation of a Head and Shoulders pattern could be imminent.
TATAPOWERNSE:TATAPOWER
One Can Enter Now ! Or Wait for Retest of the Trendline (BO) Or wait For better R:R ratio
There can be a pause or reversal, at all time high.
Note :
1.One Can Go long with a Strict SL below the Trendline or Swing Low of Daily Candle.
2. Close, should be good and Clean.
3. R:R ratio should be 1 :2 minimum
4. Plan as per your RISK appetite
Disclaimer : You are responsible for your Profits and loss, Shared for Educational purpose
Swing Trade (Tata Power)The price shows correction of almost 10 % since its new all time high. market could possibly reverse from the marked area till its target.
Confluences to support idea.
* Daily time frame looks bullish as its taking support on 50 Ema.
* Psychological level 250.
*FIb retracement 0.618
*Long term Trendline would act as strong dynamic support.
Although Higher time frame seems pretty bullish ,but structural shift in lower time frame, from bearish to bullish must keep in mind. Always Trade with more confirmations.
For swing trading in Tata powerTata power is luking gud for long with small stoploss.
RRR is gud 1:3
Stoploss is around 246 on DCLBS target is 276
Formation of todays candle is reversal candle but wait for closing the candle.
Stocks take a support arond 254
Tata power ready for Downtrend For all trade on my Auto Harmonic patterns indicator trade setup -
Risky trades can take trade after crossing 23.6% on either side and safe traders can take trade after 41% We can start buying when our Trailing SL hit at 23.6% with SL of recent low our Target will be 41%, 78.6% , 127.2% 161.8% and 223.6 % , when reversal pattern appears on chart we have to trail our SL if trailing SL hit exit from long trade and initiate sell trade ,
TATAT POWER--HOLDTATA POWER-- near to our head and shoulder trg of 280 in 5th wave likely to cross previous top of 280 and likely to hit 313 , 345 as marked in chart.
#TataPower Darvas Box Break outTata Power has given a Darvas Box Breakout after a long consolidation. The next target seems to be the previous high of 298.
Tata PowerTata power is breaking out with good volume on daily time frame.
looking good for the target of 290 plus.
Analysis is for education purposes only.
7.5% UPSIDE POTENTIAL A+ SETUPBreakout of falling wedge pattern has been done on TATA POWER and what I'm waiting for is the retracement to take it to the upside.
Target - 267.90
Tata power Buy tata power
Itself increase incredible power
In tata power
Maintain stoploss
And wait for target calmly
TATA POWERTata Power Company Ltd is primarily involved in the business of the generation, transmission and distribution of electricity. It aims to produce electricity completely through renewable sources. It also manufactures solar roofs and plans to build 1 lakh ev charging stations by 2025.
ITS PROFIT HAS INCREASED FROM 1316 TO 4067 CR. IN LAS 2 YEARS MEANS ITS BEEN TRIPLED.
ITS HAD GOOD FUTURE PLANS FOR COMING 3 YEARS AS MENTIONED ABOVE.
TECHNICALLY CHART LOOKING STRONG READY TO MOVE UP AS IT HAS FORMED REVERSE HEAD AND SHOULDER PATTERN WITH BREAK OUT ON 31ST OF JULY.
CURRENT PRICE-230
TARGET PRICE-278 WITH 21% GAIN
tata powerI see a breakout from consolidation in Inverse head and shoulder pattern . I have a target of Rs 280, 345 of 5th wave All targets marked in chart of fibo retracement.
Swing Buy Opportunity in TATA POWERPlease Refer the Chart of Entry, Target and SL.
Please do follow Position Sizing and Risk Reward Ratio while planning any trades.
Note: This information is for education purpose only and please do your own research and consult your financial advisor prior to taking any action.
TO CONNECT WITH ME CHECK OUT MY BIO.
If you like this Idea, Please do like my ideas and share it with your friends. check my bio.
Please boost my ideas and send cheers as it acts as a motivation to keep posting my analysis.
Thank you
$TATAPOWER in equilibrium , liquidity on both sidesNSE:TATAPOWER has liquidity on both sides plotting a trade opportunity if either side of the liquidity taken what move we can expect.
do you have a different view ?
Tata power - short term Target of 235Expect breakout in Tata power very very soon. Timeline 2-3 weeks. This is just learning purpose and please exercise your judgement.
TATA Power Buy SetupIn weekly chart NSE:TATAPOWER has been given a breakout above level of 230.40 and closed above resistance level. In this situation buyer can wait for some price retracement up to level of 225 which could be best entry level to take buy entry with stop loss of 215 (-10 Points risk).
My expected upside target would be 235 (+10), 243 (+18) & 247 (+22).
This could be more that 1:2 risk reward opportunity.
Note: This is my personal analysis, only to learn stock market behavior. Thanks.
Tata power @ : pole and flag pattern Breakout: study purpose Monthly chart of tata power showing bullishness
Generally target assuming by counting pole length..... here pole length seems to be 200 rupees ....... big targets in long term......
Resistance BreakoutPlease look into the chart for a detailed understanding.
Consider these for short-term & swing trades with 2% profit.
For BTST trades consider booking
target for 1% - 2%
For long-term trades look out for resistance drawn above closing.
Please consider these ideas for educational purpose
