TATAPOWER - Flag PatternPrice has made flag pattern & is ready for breakout, this is a continuation pattern which has high probability to react long, wait for breakout,
TATAPOWER trade ideas
Tata Power IndiaSun Storm Investment Trading Desk & NexGen Wealth Management Service Present's: SSITD & NexGen Portfolio of the Week Series
Focus: Worldwide
By Sun Storm Investment Research & NexGen Wealth Management Service
A Profit & Solutions Strategy & Research
Trading | Investment | Stocks | ETF | Mutual Funds | Crypto | Bonds | Options | Dividend | Futures |
USA | Canada | UK | Germany | France | Italy | Rest of Europe | Mexico | India
Disclaimer: Sun Storm Investment and NexGen are not registered financial advisors, so please do your own research before trading & investing anything. This is information is for only research purposes not for actual trading & investing decision.
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Huge upside potential in TATA POWERNSE:TATAPOWER is forming a flag after a quick rally. Such consolidations post rally usually occur at 50% of the move which mean rest of the 50% move is still pending and may come into play on breakout from the triangle consolidation. It could be a 125 points move as per the distance of consolidation top from the the point rally started. Keep an eye for the breakout!
Tata Power 4hr chart Flag and Pole Pattern 02 Dec 2021Tata Power 4hr chart forming a Flag and Pole Pattern. Watch out Breakout. 02 Dec 2021
Buy TATAPOWERBullish harmonics hovering around tata power. Levels mentioned on the chart. 207 buying level with 197 of stoploss and 222 target.
1:1.5 R2R i.e. risk to reward
Williams Alligator 5-8-13 SMMA (Modified with EMA & SL)"Thanks to Williams Alligator"
5-8-13 Smoothed moving Average are
also known as williams Alligator
Jaw - Teeth & Lips of an Alligator
Applies Convergence- Divergence relationship
Jaw making slow turn & Lips making fast turn
i have taken EMA in place of SMMA, slight Modification
along with 2 SL Lines
in this 5-8-13 EMA Lines stretched apart means
Alligator eating with mouth wide open
means maintain Long/Short posn
as per Green Cutting above red & aqua or below it
in this particular case its saying maintain Short/Sell Posn
Green Going Above Red & Aqua
"Alligator Awakening"
Buy/Long Condition
Green Going Below Red & Aqua
"Alligator Sleeping"
Sell/Short Condition
You can Exit Buy/Long Posn when
- Green Line Cuts Red From Up to Down.
- or Candle Hits SL 1 or SL 2 (Risky Trader).
- and Vice versa to Exit Sell/Short Posn when Opposite conditions arise.
Use this on Smaller Time Frames 1/3/5 to get best results
Good For Intraday
I am not a SEBI Registered Analyst. Please Correlate by yourself also on charts. This is for Educational and Paper Trading Purpose Only. Must Consult your financial advisor before Investing.
Hope this helps most people to take basic trade.
Happy Trading !
Tata Power IndiaSun Storm Investment Trading Desk & NexGen Wealth Management Service Present's: SSITD & NexGen Portfolio of the Week Series
Focus: Worldwide
By Sun Storm Investment Research & NexGen Wealth Management Service
A Profit & Solutions Strategy & Research
Trading | Investment | Stocks | ETF | Mutual Funds | Crypto | Bonds | Options | Dividend | Futures |
USA | Canada | UK | Germany | France | Italy | Rest of Europe | Mexico | India
Disclaimer: Sun Storm Investment and NexGen are not registered financial advisors, so please do your own research before trading & investing anything. This is information is for only research purposes not for actual trading & investing decision.
#debadipb #profitsolutions
Tata power ready againcharts is forming inverted head & shoulder pattern have kept less targets because market is very volatile
Unknown patter formed in tata power stockWhich pattern is this I don't know. But I think this the time for but tata power for short time.
Short Tata PowerTata Power has been moving in a channel since march lows. the highs of the channel have been taken. Now we can expect a move towards 170.
Tata Power - Trendline breakout (Flag Pattern)After following a flag pattern, today the trendline has been broke out for the stock. And we can expect a decent bullish run in the coming days.
1st Target - previous ATH (268)
2nd Target - Depending on the momentum (yet to figure out)
Tata Power - Trend ReversalTrend Reversal is evidenced in weekly time frame with a raising selling volume. The stock may retraced at the level of 150 price range.
TATA POWER | S & R zones | Descending TriangleImportant support and resistance zones along with descending triangle in 15 mins time frame.
TATA POWER - What's Next?TATA POWER
Alert: Since it has just crossed the trend line to its all time high, Suggest to Enter only once it cross 178 level, as it might be a false signal, Hence enter only once it crosses 178 levels
Strong uptrend Daily & Weekly Charts
Long term Buying can enter at CMP - We would be able to see 190 - 200 Levels very soon
Happy trading
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