Tata power completed a downside round pattern. It may go for 15% approx. positive in short term.
The counter looks powerful, a close required above 277 with good volume to confirm the CnH BO, the stock first target can be the ATH and then the it may go berserk.
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.
Namaste! Power stocks and the electric car maker Tesla have sky-rocketed since the Democrats took the Whitehouse in the year 2020. Tesla jumped 1300% (peak) from previous swing low of USD 29. Tata Power jumped 974% (peak) from previous swing low of INR 28. I remember watching an analysis on YouTube, which emphasized that Democrats are more "environment...
Happy Diwali to everyone. I wish for prosperity and happiness to all seeing this post. Tata power is seen in an Elliot wave structure on hourly chart. The stock will now look to reach the 260 mark in wave v to complete what it started on Oct. 26th. There is also a reverse head and shoulder pattern developing on the hour chart. The neckline of the pattern is yet...
this is absolutely my analysis and its not a suggestion. its for tutorial.
Intraday long for target 77 .If close above 75 positional buy for the target (first target 80 ,second target 83 )
tata power ascending triangle breakout with volume higher volumes above 20 sma.
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...
As seen on the chart, NSE:TATAPOWER has formed a nice U-shaped Cup, The stock was in an uptrend before forming Cup (up 27% recent bottom) Took 51weeks to form the complete pattern. 47 weeks for Cup with a correction of ~25% 4 weeks for Handle with a correction of ~6% Volume dried up during the first part of the cup. But was good when coming out of the cup and...
Should we witness a breach of the flagpole at the 260 level? The next target to aim for would be the Fibonacci level at 265. In case the Fibonacci level remains unbroken, the lower support at 261 becomes significant. In such a scenario, the formation of a Head and Shoulders pattern could be imminent.
NSE:TATAPOWER One Can Enter Now ! Or Wait for Retest of the Trendline (BO) Or wait For better R:R ratio There can be a pause or reversal, at all time high. Note : 1.One Can Go long with a Strict SL below the Trendline or Swing Low of Daily Candle. 2. Close, should be good and Clean. 3. R:R ratio should be 1 :2 minimum 4. Plan as per your RISK...
The price shows correction of almost 10 % since its new all time high. market could possibly reverse from the marked area till its target. Confluences to support idea. * Daily time frame looks bullish as its taking support on 50 Ema. * Psychological level 250. *FIb retracement 0.618 *Long term Trendline would act as strong dynamic support. Although Higher time...
Tata power is luking gud for long with small stoploss. RRR is gud 1:3 Stoploss is around 246 on DCLBS target is 276 Formation of todays candle is reversal candle but wait for closing the candle. Stocks take a support arond 254
For all trade on my Auto Harmonic patterns indicator trade setup - Risky trades can take trade after crossing 23.6% on either side and safe traders can take trade after 41% We can start buying when our Trailing SL hit at 23.6% with SL of recent low our Target will be 41%, 78.6% , 127.2% 161.8% and 223.6 % , when reversal pattern appears on chart we have to trail...
TATA POWER-- near to our head and shoulder trg of 280 in 5th wave likely to cross previous top of 280 and likely to hit 313 , 345 as marked in chart.
Tata Power has given a Darvas Box Breakout after a long consolidation. The next target seems to be the previous high of 298.
Tata power 2 week before break out triangle pattern.