As seen on the chart, 
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 also at the BO of the handle.
There is a high probability that this pattern will be successful.
With regard to recent results,
Total revenue was INR ~15000 cr, 2% Y-o-Y and 18% Q-o-Q.
EBITDA at 3005 cr, 43% Y-o-Y and -3% Q-o-Q.
PAT at 1141 cr, 29% Y-o-Y and 22% Q-o-Q. (after exceptional items)
15 consecutive quarters of PAT growth (Y-o-Y)
LEMONTREE 's pattern is still in progress
Disc - invested, for educational purposes only
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 also at the BO of the handle.
There is a high probability that this pattern will be successful.
With regard to recent results,
Total revenue was INR ~15000 cr, 2% Y-o-Y and 18% Q-o-Q.
EBITDA at 3005 cr, 43% Y-o-Y and -3% Q-o-Q.
PAT at 1141 cr, 29% Y-o-Y and 22% Q-o-Q. (after exceptional items)
15 consecutive quarters of PAT growth (Y-o-Y)
LEMONTREE 's pattern is still in progressDisc - invested, for educational purposes only
Dagangan ditutup secara manual
Nifty has made a bearish move today. Moving into cash for now.
Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.