TATAPOWER trade ideas
VC_Ichimoku oversimplifiedOne problem with Ichimoku is so many lines making mess out of screen. Beginner normally get shocked , goes ballistic and never turn to this fantastic indicator.
To aid learning , a built-in logic indicating only bullish signal is developed. Just look for start of thick white line (which is actually closing line) - when it is white then bullish, when not either ranging or bearish. Idea here is to catch bullish.
So how the logic catches bullish trend? Following are conditions. Here we go...
1.Close is above conversion (xxperclosehi) line and
2 Close is abloe baseline (xxperclosehi1) and
3. Chikou (lagging span) is above price 26periods ago (xxChikou) and
4. Chikou is above cloud 26periods ago
5. Senkou is green i.e. leading span 1 is greater than leading span2 (xxSenkou) and
6. close > 50 simple moving average (<--this is to ensure that we are entering bullish up trend and is deviation from normal ichimoku philosophy)
if all these 6 conditions are met, the Orange-White thick line will turn White else remain orange.
A line of encouragement would be appreciated...this is my first attempt at ichimoku realm !!
Flag and pole pattern breakout and channelTata power gave breakout and retested the flag and pole pattern. Channel is Additional confirmation. Target is 153. Also RSI divergence formed.
Disclaimer: only for study purpose. Totally my personal view.
Tata PowerBuy for tgt 155-160
Big breakout on chart and revers from demand zone ecpecting big rally keep buying only ... 15-20% return expected in one month
tata power investing idea Hello GUY's You Can Buy Tata power for investment purpose Near a Very Good Support By Trend Line And 50EMA Near (122-124)
BUY TATAPOWER 133-135One can buy Tatapower for a Target of 140-150+
It has breached the swing high of last 10 days.
3rd recommendation to buy Tata powerAgain a beautiful breakout. its my 3rd recommendation to buy this share. in next 2 years it should double. short term target 150.
why TATA POWER will touch 140 points??we all know EVs are the future and surgings sale numbers also confirm their acceptability in public.
and there are several segments in it like 2 wheeler, 4 wheeler, and CVs and just like that there are many companies in each segment.
But the catch is if EVs run in an economy they need infrastructure. here TATA POWER comes into the picture they are the first-mover with no other competitor.
and results are also showing good
that's why I see this stock for future growth
and in short term, it will touch 140 points hopefully.
Ibran Ansari.
TataPower Channel BreakoutTata power is coming out of the channel now. Looking good for medium term. All levels on the chart for the reference purpose. One can add it around 126 - 127 levels.
Target 140 - medium termTata Power is rated number one by crisil for among power stocks in ESG component. Technical chart is also bullish. For medium to long term this is multi-bagger. Right time to invest. The target price within two months is 140.
Tata PowerTata Power has been beautifully respecting the trendline and it is expected that it will take a support here and we can go for a long position. Also with the EV and Green Energy coming up, this is a good stock for long term.
TATAPOWER - bullish - nearing breakoutTATAPOWER is in a narrow ttm squeeze and has increasing momentum, which indicates that a big move is due sometime soon. It is also forming a bullish ascending triangle near the top.
Tata power bay at your own riskBay for a long time at least 20 days
Its a educational purpose analysis.....
Bay bay bay at your Owen riskGreat opportunity to bay after a great consolidation it will take a risk will have make profit its an educational analysis not perfect baying treading.....
TATA POWER After a consolidation of 1 month , the stock has formed an triangular structure & has given
a breakout, assuming wave (e) to be complete around 120 area , stock is all set to complete an upthrust move, one should buy the stock on cmp and add on dips upto 120 to 123 zones if you get chance, and maintain the stoploss of 118.20 and look for the target of 128 & 134 levels and more.
Key Levels
Disclaimer
I am not sebi registered analyst
My studies are Educational purpose only
Consult with your Financial advisor before trading or investing
