Tata Power Company LimitedActualizado TATA Power – Range Breakout above 108 else Sideways to Bearish
Technically Stock had crossed Bearish Trend line around 78 on monthly Chart after same we saw huge Upside within 2 months time frame.
Next Trend line is around 108 if crossed more Upside can be seen. Else Stock can go Sideways to Bearish
Buy above 108 only for Target of 141
Fundamentally Co has 44k Crs Debt vs 21k Crs Reserves.
Annually they are paying 4.2k Crs Intrest and have just 1.1k Crs worth of Net Profit.
It will take 44 years to Pay back there Debt.
If for any reason there Top Line reduces even by small % like 10% then Co is in Deep Trouble.
Hence use this Script for Short term trading only.
Disc. : Views Shared for Education Purpose only. Consult your Financial Advisor before taking any position.
Next Trend line is around 108 if crossed more Upside can be seen. Else Stock can go Sideways to Bearish
Buy above 108 only for Target of 141
Fundamentally Co has 44k Crs Debt vs 21k Crs Reserves.
Annually they are paying 4.2k Crs Intrest and have just 1.1k Crs worth of Net Profit.
It will take 44 years to Pay back there Debt.
If for any reason there Top Line reduces even by small % like 10% then Co is in Deep Trouble.
Hence use this Script for Short term trading only.
Disc. : Views Shared for Education Purpose only. Consult your Financial Advisor before taking any position.
Operación activa
Entry Trigged todayENTRY: CMP (113.35) breakout was 108
Target1: 141.85
Stop Loss : 108.4 (Weekly Close). Deep SL 103.8
Duration : 6-9 months
Disc. : Views Shared for Education Purpose only. Consult your Financial Advisor before taking any position.
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Operación cerrada: objetivo alcanzado
Target achieved. View closed
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Exención de responsabilidad
La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.