TATAPOWER trade ideas
Tata Power - Cup and Handle Awaiting Rectanglar Breakout at 52
Buy ABOVE pivot 53.2
T1 : 58.55 (Height of Rect.)
T2: 62 ( pivot)
Rsi `63
Stoch 64,55
Initial a rectangle break out setup.
If volume and momentum continues Cup target can be recognized.
But after earnings
TATAPOWERNSE:TATAPOWER
48.50 ARE THE SUPPORT LEVELS THAT IS WHERE THE ENTRY LIES AND TARGETS HAVE BEEN GIVEN ON CHARTS
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Hi all,
Its pleasure to have you all here.
I have started putting these charts as a contribution from my side to all people who are new to business, as I had to struggle a lot without any sources at disposal. So please consider this a just small contribution from my side.
Few Honest Disclosures:
1. Any idea shared is my personal view, its not a recommendation, neither any kind of paid propaganda, so please
do your bit of research.
2. Ideas shared does not mean that I trade all or have position in them, this is just a helping hand to all.
3. I expect no comments or like nor any negativity, as I said its just a small helping hand from my side, please plan your risk and trade as per your capacity.
4. To trade in Cash, options or futures is your sole choice and your own risk
5. I am no expert in Tech Indicators, I believe in support resistance and trendline theory, you may use this as a supplement theory for better results.
6. I work for my own living, this is a hobby which I do sincerely to help anyone who might come across my charts.
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TATA POWER - Supply Zone - Longs ExitNSE:TATAPOWER is struggling near supply zone. One may book long positions here.
tata motors can be bullish tomorrowpositive news Plus bullish triangle pattern shows that we can work on long side
TATA POWER - Levels of referenceNSE:TATAPOWER it is not good to chase at this level. wait for pull back to add lings
buy at dipsbecoz all indicators are in bullish support and volume wise it is also a good stock and open interset is also increasing
TATA POWER LEVELS AND TARGETS GUYS!!THE STOCK LOOKS VERY BULLISH AT THIS MOMENT. CAN BUY FOR SUGGESTED TARGETS.
CONSIDERING THE FACT THAT THEY WILL BE RECEIVING FUNDING OF 2600 CRORE FROM TATA SONS.
LET'S SEE HOW THIS PLAYS OUT. KINDLY CONSULT YOUR FINANCIAL ADVISOR.
HAHAHAHAHAHAH LET'S GO JAI HIND
TATA POWER | Long it or REGRET!
TATA POWER Formed a bullish butterfly pattern on the Weekly as you can see in the chart!
[*} Easy trade till the 0.382 retracement. Beyond that its your risk. Sell in the red box!
The MACD is also turning bullish with a crossover. Easy 25% Targets!
If you like my charts please leave a like below, so that i get encouraged to post more. Thank you :)
Oustanding deliveries in cash on weekly charts!NOT A RECOMMENDATION BUT worth a watch! IFF 33.9 is held after crossed!
TATAPOWERTATAPOWER
> Bullish Doji with high volume indicate huge buying
- Stock still slip to 20 but there is high possibility of reversal
> Need to wait for validation by price action in bullish direction
Tata power Tata power is looking good with volume generation in last candle and divergence in Rsi in small time frame , can see an upside of 40-45 , sl 28
TATAPOWER 13 May 2020
INSTRUMENT: TATAPOWER
TIME FRAME: DAY
OTHER TIME FRAMES FOR CONFIRMATION:
4 HOUR & DAY.
INDICATORS AND THEIR TRENDS:
PSAR: Bullish
STOCHASTICS: Bullish
SUGGESTED TREND: Bullish
Technical levels
CMP: 30.30
Buy Above: 30.63
SL: 30.42
TARGET 01: 31.19
TARGET 02: 31.42
My analysis of TATAPOWER is expected to sink in opening and then “may” rise. On 4 hour & day time frame, Stochastic & PSAR have confirmed Bullish trend.
RISK DISCLOSURE:
Technical analysis of FOREX and INDIAN MARKETS. We are not SEBI REGISTERED ANALYSTS the views expressed here are for our record purposes only. Please consult your personal financial advisor before investing. We are in no way responsible for your profits/losses what so ever.
Powering ahead and saying "tata" ,,bye bye ..or rather buy buyPREMPTIVE====entry stop and exit giiven..
my advise keep the stop a notch behind round figures ,,not 32 but 31.9
