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TATA POWER CO.LTD.TATA POWER CO.LTD.TATA POWER CO.LTD.

TATA POWER CO.LTD.

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TATAPOWER trade ideas

TATA POWERIt seems to have broken the last few weeks levels and showing a breakout above weekly levels of march. It can be a long with stop loss of 114 for a target upto 130. If it does not sustain, it can reverse back to 100 and 96. ************************************************************************************************************************************************ 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. ***********************************************************************************************************************************************
NSE:TATAPOWERLong
by akkshay11
3
Breakout from channelKeep it simple...Tata Power breakout happened some time ago from a channel pattern..This trade is meant for a longer period or you can do a positional trade. According to Investopedia Channels are powerful, yet OFTEN OVERLOOKED patterns, which have not been given their due importance. But you can earn reasonable profit if you draw the right pattern and trade. ( this is only for educational purpose) CMP - 108.6 Targets - 135,145. Calculate your own risk/reward. Do your own research. This is an idea, not advice.
NSE:TATAPOWERLong
by Panchalk