TATA POWER - Short & Long Term View- Wave Analysis

2024년 12월 15일

TATA POWER CMP: 428.45; RSI: 50.05

TATA Power in Primary bull cycle & in mid of impulse wave-3 in weekly chart basis. This, Primary Impulse wave-3, should take the price to levels of 646 (1.618x) in next 8-10 month of time frame. While wave within the wave, on shorter time frame, on daily chart frame, its middle of intermediate corrective wave-4, which may retrace the price till 365 to 330 levels in coming 3-4 months.

• Value Buy level : 330-365;
  
• Accumulation zone: 330-390;
  
• Mid term target (Q1 FY: 25-26): 600-650
  
• Long Term Target ( 3-4 Yrs): 850-900
  

1월 13일

액티브 트레이드

Intermediate corrective wave-4, is in play and as suggested earlier on 15th Dec 2024 the script will further breakdown till 330 odd levels. Wait for market stabilization before making fresh position

2월 2일

노트

Good Buy For a long term. As suggested earlier its good time to accumulate.