TATAPOWER trade ideas
TATAPOWER : READY FOR A LITTLE POWERFUL TRADE? : ELLIOTT WAVE 5TATAPOWER, has made a great wave 3, but shown a sharp correction wave 4. It's time for wave 5.
One may enter, after the price touches the yellow line, then shall break the parallel channel, by following strict stoploss, ride the trade.
-Definitely not SEBI - Registered. So, this is only for educational purpose.
Tata PowerEvery time I am share a chart and the market is fall and my analysis is failed but very small STOP LOSS & and very big PROFIT as per Risk-Reward so in one trade only we will cover all that money we loose so don't worry....
Tata Power is creating head & shoulder pattern Target is 300 Stop loss is below 200 daily candle close buy near 210-225 range...
DISCLAIMER:
**I am not SEBI register..**
**This is not an investment or Trading advice. This is Just for discussion/paper trading purposes.**
TATA POWER for SWING TRADINGTATA POWER has breakout long consolidation range and now stock is retracing it can be seen on Fibonacci retracement level currently stock is on level 0.32 it may retrace to level 0.5 or 0.61 also and it can clearly seen on the volume chart that if market is forming red candle then the volume is decreasing so retracement is might be profit booking for short-term traders.
Disclaimer:
I am not SEBI registered analyst.
My studies are for educational purpose only.
Please Consult your financial advisor before trading or investing.
I am not responsible for any kinds of your profits and your losses.