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!
Tatapoweridea
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.
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....
SELL TATAPOWER Stocks (short term)In this chart, if we start analysing the performance of the stocks, we can first notice that the prices are consolidating by time.
Following this behaviour, we expect that the prices will drop from 230 to 217. And here we will have two cases: either another drop to 200 following the trend line or move up to reach 236 and then move forward 243
TATAPOWER Up Trend..#TATAPOWER Hello trader, I hope are good and safe. Today I opened the chart of #TATAPOWER for 15 Min and analyzed it then I see that this chart has made a UP TREND, So I hope #TATAPOWER will go up,
Now Nice opportunity for short.
If you have any query then leave a COMMENT, LIKE and FOLLOW.
Keep Supporting And Thank You..
3TATAPOWER CO. LMT Descending Triangle#TATAPOWER Hello trader, I hope are good and safe. Today I opened the chart of #TATAPOWER for 4 hours and analyzed it then I see that this chart has made a #DESCENDING TRAINGLE, So I hope Tata Power will go up,
When price retest the resistance line then Nice opportunity for Buying.
If you have any query then leave a comment.
Keep Supporting And Thank You..
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