TATAPOWER trade ideas
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....
TATAPOWERI think the price will go down till 71.93 because there is a resistance level a little bit to the left at 71.93 when the price goes back up from there. So, since the price has begun coming down, I say it will go down till the resistance level at 71.93.
Tata Power - Pumping High Energy (Intraday Buy Call)Higher Highs, Higher Lows with High Volume - Just a great buy
TATA POWER SELL SETUP Dis stock hit almost third time at resistance line and rejected from there so batter to stay short .entry stop loss and target given on chart.
HIT LIKE IF YOU AGREE WITH MY VIEW I REALLY APPRECIATE THAT.
TRADE WITH CARE
REGARDS
KING999
