Tata Power - Elliott Wave Count
Tata Power seems to have completed its correction and is now on an upward impulse wave with a target of 280 and beyond. However, if the market breaks below 230, this view will be invalidated.
Please note that this information is solely for educational purposes, and it is essential to exercise caution when trading.
NSE:TATAPOWER...
In weekly chart NSE:TATAPOWER has been given a breakout above level of 230.40 and closed above resistance level. In this situation buyer can wait for some price retracement up to level of 225 which could be best entry level to take buy entry with stop loss of 215 (-10 Points risk).
My expected upside target would be 235 (+10), 243 (+18) & 247 (+22).
This could...
Refer my below linked study for TATA Power
Price action perfectly respected...
But the cart is still weak on a daily horizon.
have marked important price action levels.
Happy trading...
Like & Share...
Follow for more updates....
Short- TATA POWER for the given below targets -
shown in fibo
it took too long to break the trendlibne - but now when the trendline is broken - it is gone-
AVOID any longs
NSE:TATAPOWER is trading at best entry point. My idea is to take entry at 224.50 with small stop loss of 220.50 (-4 Points). My expected upside target will be 231 & 233.
Note: This is my personal analysis, only for learning. Thanks.
The Structure looks good to us, waiting for the this to correct and then give us these opportunities as shown on this instrument (chart).
Note: its my view only and its for educational purpose only. only who has got knowledge in this strategy will understand what to be done on this setup. its purely based on my technical analysis only (strategies). we don't...
TATA POWER looks good for a positional trade . As we can see a breakout in nifty energy index , we can expect Tata power to give an upside momentum and making new ATH in coming months .
Massive fall ahead!
Weekly RSI shows strong bearish divergence which conveys that the breakout was a fake out to form a bull trap.
Most of the TATA's & Adani's stocks rallied too far because of the Green Energy & EV hype.
Being highly overvalued, needs a big correction.
Its fundamentals are concerning.
Not much fuel left for NIFTY ENERGY to move upside,...
TATAPOWER Looks Good breakout with Engulfing candle pattern
My levels are marked Clearly
Disclaimer/ disclosure
i am not provide any tips/recommendations/advice
All updates/posts/discussions are only for education and learning purpose.
Do Consult your financial advisor before taking trades or investment decisions
Dear traders ,
As you are aware TATA power is most demand stock in current days and Elliott baba is predicting some important levels of this stock . we can see this stock is making coreection since 20th oct 2021 . according to our elliott wave analysis its is showing flat correction on daily chart where it has completed A, B wave of flat correction and now...
Tata Power can hit 200 till December 2021.. I have mentioned all level and points in chart.
1 : right now entry is risky. Buy at 175 (short term)
2 : short entry is possible. refer chart
3 : if you have bought it below 158 then you can hold for long time.
News :
Power sector news are positive.
coal shortage can left up power sector.
Analysis :
1 : Big player...
*TATA POWER LONG TERM ONLY*
Tata Power is good stock for hold long term because after a sharp multiyear downfall and consolidation level stock near breakout level of multiyear but we can't buy stock at this range so, due to FOMO we can add some quantities at this level and when market maybe correct or consolidate in future then we can accumulate this stock till...
