Tatapowerlongtermview
Tata Power getting readyHello Friends,
Your favorite Tata Power getting ready for rally. Above 215 , good move expected.
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!
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 PowerRefer my below linked study for TATA Power
Price action perfectly respected...
But the cart is still weak on a daily horizon.
have marked important price action levels.
Happy trading...
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tata power SHORT Short- TATA POWER for the given below targets -
shown in fibo
it took too long to break the trendlibne - but now when the trendline is broken - it is gone-
AVOID any longs
TATAPOWER Best Risk & Reward Buy IdeaNSE:TATAPOWER is trading at best entry point. My idea is to take entry at 224.50 with small stop loss of 220.50 (-4 Points). My expected upside target will be 231 & 233.
Note: This is my personal analysis, only for learning. Thanks.
TATAPOWER- WEEKLY TIME FRAME SETUPThe Structure looks good to us, waiting for the this to correct and then give us these opportunities as shown on this instrument (chart).
Note: its my view only and its for educational purpose only. only who has got knowledge in this strategy will understand what to be done on this setup. its purely based on my technical analysis only (strategies). we don't focus on the short term moves, we look for only for Bullish or Bearish Impulsive moves on the setups after a good price action is formed as per the strategy. we never get into corrective moves. because it will test our patience and also it will be a bullish or a bearish trap. if fundamentals are really positive and good we can anticipate this move.
we do not get into bullish or bearish traps. we anticipate and get into only big bullish or bearish moves (Impulsive moves).
Just ride the bullish or bearish impulsive move.
buy low and sell high concept. buy at cheaper price and sell at expensive price.
Keep it simple, keep it Unique.
please keep your comments useful & respectful.
Thanks for your support....
TATA POWER POSITIONAL TRADE TATA POWER looks good for a positional trade . As we can see a breakout in nifty energy index , we can expect Tata power to give an upside momentum and making new ATH in coming months .
Tata Power Short TermLong Above 236.95, T1 - 252.25, T2 - 270.35, T3 - 285.40...... SL 220.45
Short Below 217.15, T1 - 210.45, T2 - 203.70-200.60, T3 194.40, T4 185.50, T5 177.70......... SL 228.50
Tata Power - For educational purpose - Positional
Importat:
Only way to succeed in market is to protect your capital
Give more importance to risk and reward
Always take trade on setup.
TATA POWER Trend AnalysisMassive fall ahead!
Weekly RSI shows strong bearish divergence which conveys that the breakout was a fake out to form a bull trap.
Most of the TATA's & Adani's stocks rallied too far because of the Green Energy & EV hype.
Being highly overvalued, needs a big correction.
Its fundamentals are concerning.
Not much fuel left for NIFTY ENERGY to move upside, expecting the peak to be around 32000 level.
FIIs & DIIs are reducing their holdings.
I have highlighted the key support levels for short term swing trade opportunities around 175 & 110 levels.
Expecting the bottom to be somewhere around 70-80 levels where the red trendline resistance may act as support.
This much for now, will update more in future as chart unfolds.
Do your own due diligence before taking any action.
Peace!!
TATAPOWER LONGTATAPOWER Looks Good breakout with Engulfing candle pattern
My levels are marked Clearly
Disclaimer/ disclosure
i am not provide any tips/recommendations/advice
All updates/posts/discussions are only for education and learning purpose.
Do Consult your financial advisor before taking trades or investment decisions
Tata Power Elliot wave analysisDear traders ,
As you are aware TATA power is most demand stock in current days and Elliott baba is predicting some important levels of this stock . we can see this stock is making coreection since 20th oct 2021 . according to our elliott wave analysis its is showing flat correction on daily chart where it has completed A, B wave of flat correction and now forming C wave . which will go to 180 level in few days . so post making a low of 180 it will make high of 350 in coming month .
for now we can predict the level like
Tata power first move - 180 with in 15-20 days
Tata power 2nd move -350 with in 60 days
short term period go short for 180 and for long term anyone can go long on dip near 180 .
Tata Power levels for long termTata power long term view
This view is for educational purpose only. Do not take trades based on our view.
Tata Power Can Hit 200 till Dec 2021.Tata Power can hit 200 till December 2021.. I have mentioned all level and points in chart.
1 : right now entry is risky. Buy at 175 (short term)
2 : short entry is possible. refer chart
3 : if you have bought it below 158 then you can hold for long time.
News :
Power sector news are positive.
coal shortage can left up power sector.
Analysis :
1 : Big player are in market.
2 : Big bull pattern
3 : high volume
4 : positive news
Risk :
1 : Over bought Zone.
2 : Chances of trend reversal.
Only for educational purpose.
TATA Power Multiyear Breakout *TATA POWER LONG TERM ONLY*
Tata Power is good stock for hold long term because after a sharp multiyear downfall and consolidation level stock near breakout level of multiyear but we can't buy stock at this range so, due to FOMO we can add some quantities at this level and when market maybe correct or consolidate in future then we can accumulate this stock till 115 level.
Buy Levels: Some quantities at this level and accumulate till 115
SL: 89 for long term only
TGT: Open Because stock has caliber to give very handsome returns in few years.
NSE:TATAPOWER
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.
