TATA Coffee has given a beautiful channel breakout and it can possibly go up to 300
As US coffee surge more than 12% in 2 days & lot of reason so we going to play on this candidate hope market is open in positive Bias and we going to play on this, Target & SL with entry already mention on the chart, Happy trading.
Soft commodity: The stock have come 7 to 8 years consolidation periods out. It have potential to reach 400 with in a year.
Tata coffee is breaking out from a pattern forming for more than 8 years. Hold this stock for 3 to 4 months and it can give 40 to 50 percent returns
As tata coffee has a macd crossover with a good volume and rsi above 60 ,its ready for goving a 3 to 5 percent return in short period
TAKING SUPPORT AROUND 116-118 , MINOR RESISTENCE AROUND 127-129 IF CLOSED ABOVE THEN NEXT TGT 133/140
Add Pos. Tata Coffee at 130/112 we seen 146/174/200+ view invalid below 95 cb sl
TataCoffee - This one getting ready to ride one big joy ride. ATH coming soon. SL 105 on monthly closing basis. DISC: Not a SEBI Registered. I post charts for my own study.
We have a breakout in TATACOFFEE when the market is flushing down gains.....that's stock market for you
Breakout Above 109 will be a Strongly Bullish , RSI Above Previous Swings ( Strong Momentum )
Enter After 122 Sl _ 118 target _ 136
sl as indicated possibility of breakout