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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 POWER (10/4/2023)NSE:TATAPOWER if it touches 197 and start falling then sell at 170 level.retracement is mandatory but more chance it will form w and will go up . normal market conditio is bullish now a days.All important levels are drawn in the chart.Work with risk reward ratio. not taking a trade is also a trade. A trade cant change anything keep in your mind,if you think one trade can change your life then you are doing gambling in the market.take calculated risk.
NSE:TATAPOWER
by Trader_jagutiger
1
#TATAPOWER: Falling Wedge Formation with Possible Breakout TATAPOWER, a stock that has been forming a falling wedge pattern with potential breakout and reversal levels. As you can see from the chart, #TATAPOWER has been forming a falling wedge pattern, with the price oscillating between two downward sloping trendlines. This can be a bullish signal, as the stock is trading in a contracting range and may be preparing for a breakout to the upside. A breakout could occur if the stock closes above the 210 level, which would indicate a potential reversal in the short-term downtrend. It's important to keep in mind that a breakout is not guaranteed, but it's worth keeping #TATAPOWER on your watchlist to see how the stock performs in the coming days. In terms of support levels, there are two key levels to watch: 188 and 177. If the stock breaks below these levels, it may indicate a continuation of the downtrend and could lead to further downside. However, if the stock does break out above 210 and shows a strong close above 208, it may be a good opportunity to buy the stock. There are potential targets for the stock at 233, 250, and 270+. In summary, #TATAPOWER has been forming a falling wedge pattern with potential breakout and reversal levels. It's important to monitor the stock closely and wait for a strong close above 208 before considering a buy.
NSE:TATAPOWERLong
by Jha_Nidhi