RA Name:
📉 INTRADAY TRADE ALERT – SHORT
🔍 Stock: Tata Power Co. Ltd (TATAPOWER EQ)
📅 Date: 6th August 2025
👩💼 By: Manjushri Sharma | Equity Guru MS
📜 SEBI Reg. No.: INH000019497
💡 Trade Setup
| Parameter | Value |
|---|---|
| Action | SELL / SHORT |
| Trigger | Below ₹382.70 |
| Stop Loss | ₹385.70 |
| Target 1 | ₹379.90 |
| Target 2 | ₹376.90 |
| Quantity | 800 Shares |
| Max Risk | ₹2,400 |
| Potential Reward | ₹2,240 – ₹4,640 |
| Risk:Reward | ~1:1 to ~1:2 |
🔍 Technical Insight
- Price Action: Breakdown below ₹382.70 indicates a shift toward bearish sentiment.
- Resistance Zone: ₹385.70 serves as a key intraday resistance and ideal SL level.
- VWAP & EMA: Price trading below VWAP and short-term EMAs supports bearish setup.
- Volume Confirmation: Increase in sell-side volume post-breakdown suggests institutional interest.
- Chart Structure: Forming lower highs and lower lows — classic bearish trend pattern.
📘 Trading Strategy
✅ Sell Only Below: ₹382.70
🚫 Strict Stop Loss: ₹385.70
🎯 Target 1: ₹379.90 → Partial profit booking
🎯 Target 2: ₹376.90 → Trail SL to ₹381.50 after T1
🕒 Exit Timing: Square off all trades by 3:15 PM
⚠️ Important Notes
- 📌 Enter only on a clear breakdown with volume confirmation.
- 🚫 Avoid trading if price remains sideways or hovers above VWAP.
- 🛡️ Always follow risk management with predefined SL.
🔐 Issued By:
Manjushri Sharma
📈 SEBI Registered Research Analyst
📞 6269562635
📧 sharma.manjushri@gmail.co
