parallel supportthough volumes are not so good..its taken support stop is candle closing bewlo 50 tgt 62
TATAPOWER trade ideas
Tata Power Long- PositionalThe stock is in uptrend on the daily charts. On 15 min charts, there is a bullish hammer. Buy will be initiated on the 15 mins charts on break of the high of last candle.
Sl at Rs. 60/-
TATA POWERTravelling in a Channel in monthly time Frame, presently it is in correction and next target level is 80.
SHORT Tata Power(Intr@day)Supply zone is around 60.50.Short idea is made for Intraday on Monday, with SL of 61.10with TG 57.50
TatapowerTatapower can move toward 86-88 level in next 10-20 days according to current chart pattern.
TATA power- More chance to Accumulation 125dma resistance, bearish divergence on RSi line of good demand all acting as a resistance for thsi weak upmove with low volumes and decreasing spread with advance..
Discalimer.. not an investing/trading recommendation
TataPower, EWave, DivergencePrice has come down to long-held support line. It seems that five waves down is also done and there is a positive divergence showing up. Either down slide of price will pause and/or price will reverse the course.
TATAPOWER - UptrendTATAPOWER- as MACD has crossed over and the trend is up, it is expected to reach Rs.89 in the near term
@SELL SETUP NOW DAILY FINANCIAL WISDOM: It's easy to make money in the market...it's difficult to hang onto it...
Tatapower -a good breakout from triangular patternyou can buy tata power for 90-92 fro trading purpose and 110 for long term
TATA POWER INSIDE DESCENDING CHANNELmarket analysis: The pair is now trading inside a descending channel and is now reached the channel support followed by a huge bullish engulfing candle. If the support holds on we can expect a moment to the channel resistance.
Long term scenario: The market is trading inside a huge descending triangle. It has reached the resistance. If the resistance holds on we can see a very high bearish market ahead. So lets see what the market does in the coming days. Cheers!
TATAPOWER super bullMy earlier message about this scrip is void. It was only till the expiry which was today.
This sector has seen too much of negativity in the short run.
Technically, the price has broken the downward pattern.
It has to test the high to contemplate a run downwards.
86 is the short term target and 91 for medium term **if the short term goes well**.
Symmetric triangle, will this breakout to upwards ??Symmetric triangle, will this breakout to upwards ??
TATA Power adds more power to their Kitty!NSE:TATAPOWER Tata Power's 50:50 joint venture with Exxaro Resources in South Africa, Cennergi (Pty) announced commencement of commercial operations for its 95 MW Tsitsikamma Community wind farm project on Thursday.
Technically on weekly chart, price is moving up from a significant base formation and consolidation. I expect price to hit 90 levels over next few months. Keep 70 levels as stop-loss and trade cautiously. Volume spike over last two spikes indicate that smart money is investing in the script.
Tata Power - Good buy for long term..Tata Power completed cyscle degree wave 1 & 2...Chart shows nice 5 wave impulse and good long tripple zig zag correction...We can count this as wave 1 & 2 of the cycel degree 3 wave....Buy at all dips....and hold for long term....
