TATAPOWER: Bullish Breakout with Key Indicators
Bullish breakout from resistance
RSI approaching overbought levels
Trading within a range since April
TATAPOWER trade ideas
TATA POWERTata Power Stock Chart:
#tatapower close crossing 20,50&100 SMA. It will be interesting to see how it behaves in the coming days. #flairinvestor
Tata Power Company Ltd
TARGETS GIVEN IN CHART - SL 183
FOR LONGTERM
FUNDAMENTALS
Tata Power Company Ltd is primarily involved in the business of the generation, transmission and distribution of electricity. It aims to produce electricity completely through renewable sources. It also manufactures solar roofs and plans to build 1 lakh EV charging stations by 2025
Market Cap
₹ 78,478 Cr.
Current Price
₹ 246
Stock P/E
23.4
Book Value
₹ 90.1
Dividend Yield
0.81 %
ROCE
12.4 %
ROE
12.6 %
Face Value
₹ 1.00
Promoter holding
46.9 %
EPS last year
₹ 10.4
EPS latest quarter
₹ 3.04
Debt
₹ 52,923 Cr.
Pledged percentage
1.40 %
Net CF
₹ 1,243 Cr.
Price to Cash Flow
11.0
Free Cash Flow
₹ -447 Cr.
Debt to equity
1.84
OPM last year
14.0 %
OPM 5Year
15.9 %
Reserves
₹ 28,468 Cr.
Price to book value
2.73
Int Coverage
2.23
PEG Ratio
0.52
Price to Sales
1.41
Sales growth 3Years
23.7 %
Profit Var 3Yrs
133 %
Tata Power chart analysisTata Power chart analysis on daily time frame. Please share your valuable feedback.
TATAPOWER- Analysis Recent correction in the stock can be used to add more quality or make a new entry .
Stoploss of closing below 410 (small stoploss) for 2-3 days or 372 or 333 use as per your risk management
Safe buy if closes above 453
Targets around 488 , then 527 and may be 565
Please do your due diligence before trading or investment.
*Comment or message me if you wish to see my analysis for any stocks.
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Tata PowerVery Good Run up... in recent times....
But Some profit booking anticipates...
Below 433.. (ON CB)
419 and 399 good Support Zone to Enter
Tata Power19/05/2024
Tata Power on Monthly Chart
CMP:441.45
Target: 10-15-20%
SL: 3-5%or as per risk
Information is only for study purpose
Tata Power 13MarchIf Tata Power's stock price surpasses the threshold of 396, there is an expectation or speculation that it might experience a decline. This could indicate a significant resistance level or a point at which investors believe the stock has become overvalued, prompting selling pressure and a subsequent decrease in its price. Investors may interpret this as a signal to potentially sell their holdings or refrain from buying further until the price stabilizes or retraces to a more favorable level. Such movements in the stock price could be influenced by various factors, including market sentiment, company performance, industry trends, or broader economic conditions.
Huge upside price action (Education prupose only)Tata power shows Huge upside price action (Education prupose only)
Breakout of upper trendline
Target 430,450, 460
SL 3%
Do your own research before taking call
Tata Power on verge of BOAfter testing the trendline support Tata Power is retracing and trying for new highs.
Wait for either breakout or test the trendline.
First target will be the gap filling zone.
Trade with SL
TATA PowerLevels for TATA Power has been given in the chart, please follow these levels to make a profitable trade, a short correction may be done in the share but I am highly bullish in TATA Power.
TATAPOWER Positional Pick - LONGSWING/POSITIONAL TRADE
TATAPOWER Looks Good ABOVE 300
SL 230
Short Term Targets 305-311-323-338
Long term Targets 351-383-450-534 points from entry
Hold few Months
Please consult your financial advisor before investing
All research for educational purposes only.
TATATPOWER made good setupTATAPOWER made good setup...Long term view is looking good ..
This is for educational purpose.
Long TATA POWERShort, mid and Long term targets of TATA power. No SL req.
DISCLAIMER: I am not a SEBI Reg. Analyst. Do your own research before trading or investing.
TATAPOWERIts A Open selling market
Market is begins to falls after a larger and long bulish days
so day trader can use it opputunity to sell / short for a intraday purpose
Tata Power
Tatapower :
1. Super Breakout above 363....
2. Some profit booking seen on last trading day...
3. One of my favorite stock..
4. Evey investor should have this in their portfolio...
5. I have marked price road map on the chart...
6. Every dip you can add near green lines...
7. Traders can use to plan their trades based on the levels...
Happy Trading
Like.. Share.. Follow
Tata Power - Does it have the mettle to touch 400?Inverse head and shoulder pattern on daily charts, ready to breakout.
Breakout already happened on Monthly charts and then retracement was happening since 1.5 years with flag formation.. Now flag breakout can happen.
If we treat 140 level as the level of first monthly breakout, then since it is a multi year breakout, easily stock price could become 2x, 3x. 2x will mean 280. 3X will mean 420. Both are good targets to hold.
If we take the daily charts cup with handle, then also target shows about 32% from the current price.
Tata Power on crucial level At present, Tata Power is at a crucial level and a decline of about 4 to 6 percent may be seen in the coming one to two sessions. Caution should be exercised before creating new positions.
TATA POWER showing bullish divergence breakout of raising wedgetata power showing bullish signs as previous weekly gave bullish close and daily RSI showing convergence strength.
according to breakout it can reach 475 target.
