TATAPOWER trade ideas
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
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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.
TATAPOWER May go to 370!! As per my analysis., TATAPOWER can be added for investment
Buy zone CMP to 280 with SL of 260 with day closing.
First Target will be 370
intermittent levels - 280, 314, 332, 351, 369, max will be 385.
Please comment if you wish to see my analysis for any stocks.
Please do your due diligence before trading or investment.
Thank you.
TATAPOWER may go to 370 !!As per my analysis., TATAPOWER can be added for investment
Buy zone CMP to 280 with SL of 260 with day closing.
First Target will be 370
intermittent levels - 280, 314, 332, 351, 369, max will be 385.
Please comment if you wish to see my analysis for any stocks.
Please do your due diligence before trading or investment.
Thank you.
TATAPOWERwe are looking TATAPOWER bullish move.
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Up trend resume.
In this stock we see Wave 1 and 2 are completed and third wave is begin. The entry level in this stock is when a price closes above the high of Wave 1. With this we can see that volume is also confirming the price movement with increasing in volume. So there are chances that stock resume its uptrend after a long consolidation. one of the best stock to have in portfolio.