After breakout nearest target is 61. Reversal after taking support at 54 is done. Hold with medium term target 72.
NSE:TATAPOWER is struggling near supply zone. One may book long positions here.
positive news Plus bullish triangle pattern shows that we can work on long side
NSE:TATAPOWER it is not good to chase at this level. wait for pull back to add lings
TATA POWER Formed a bullish butterfly pattern on the Weekly as you can see in the chart! [*} Easy trade till the 0.382 retracement. Beyond that its your risk. Sell in the red box! The MACD is also turning bullish with a crossover. Easy 25% Targets! If you like my charts please leave a like below, so that i get encouraged to post more. Thank you :)
13 May 2020 INSTRUMENT: TATAPOWER TIME FRAME: DAY OTHER TIME FRAMES FOR CONFIRMATION: 4 HOUR & DAY. INDICATORS AND THEIR TRENDS: PSAR: Bullish STOCHASTICS: Bullish SUGGESTED TREND: Bullish Technical levels CMP: 30.30 Buy Above: 30.63 SL: 30.42 TARGET 01: 31.19 TARGET 02: 31.42 My analysis of TATAPOWER is expected to sink in opening and then “may” rise. On 4...
Pretty self-explanatory chart. Price at a historic support level from the early 2000s.
Price broke above the downtrend. Bullish divergence on on-balance volume.
Disclaimer - I could be wrong/Trade at your own risk...
market 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...
Simple MACD study and negative news in TATA, mistry's confidential letter will be viral soon, which will talk about some debt...negative trigger!!