tata power-help required

niftyoption

Well-Known Member
#2
I have 2000 shares of tata power at the rate of 90 Rs.
Should i hold or book loss and exit.
Dear Abhishekkg sir

In my view tatapower is a good stock dont worry

resistence @ 90- 95 /-

support @ 70 /-

range is 70-95 /-

sell some of your shares at 90 levels
and again try to buy at 70-75 levels

do trading and reduce your loss , it is only my view think again and deside your self dont get pannic sir

ALL THE BEST SIR
 
#3
Tatapower is now in strong downtrend...if ur view is long-term,then hold it with s/l 67(never trade without s/l either it is long-term or short term)....from 70 level it may retrace to 81-83 level........if it breaks 81-83 level with good volume then it may test 93-94 level upto this diwali........
 

Cubt

Algo Trader
#6
TATA Power has very strong resistance at 90 levels. It tried breaking the resistance twice and failed, started its downward movement. It has strong support at 70, There should be a pull back rally from 70 level, which can move upto 80.

If i was in ur position, i will wait for 70 level and go long in TATA POWER futures.

There is no point in holding a losing position for a long time. and also its not wise to sell at support level and regret later
 

Cubt

Algo Trader
#8
TATA Power has very strong resistance at 90 levels. It tried breaking the resistance twice and failed, started its downward movement. It has strong support at 70, There should be a pull back rally from 70 level, which can move upto 80.

If i was in ur position, i will wait for 70 level and go long in TATA POWER futures.

There is no point in holding a losing position for a long time. and also its not wise to sell at support level and regret later
I went long in TATA POWER today!
 

bunti_k23

Well-Known Member
#9
agree with tamil trader @71 it is a good buy for long term,but dont sell now as it is now on support level :annoyed:
 

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