The stock is hovering around 0.382 Fibonacci level at 474 which was a potential buy zone. If it reverses from this level it is a good buying opportunity. However If it continue to break below below 474, 447 fibonacci level should be the next good buying level.
Support taken at Trendline and above 50DMA View bullish,Buy Above 512
with the markets seeming to be weak....i will be focusing my trades in this week on india inc based stocks... this counter is consolidating since last few days... stock is taking support from fib levels of the fall..... MBB is touching sma 20 ...great chances of further upside .. so buying a futures lot for 531.... lets hope how it turns out
Rocket Deal is a series of high probability breakout ideas with time horizon of 2-3 weeks with 10-15% targets . Most of the time you will see the breakouts within 2 days. This maybe useful for swing traders. NSE:TATACONSUM in the consolidation zone. Stock will breakout soon. Risk Reward calculation is mentioned in the chart. Assumption : Every trade idea...
Will update the target and SL soon. Entry can be made at the current point.
JUST LOOK AT FIGURE AND JUDGE WHAT MIGHT BE THE PATTERNS APPEAR? SEE ALL MY PUBLICATIONS, IT TAKES AT LEAST 30 TO ANALISE FROM DIFFERENT ANGLES, IF THE ANALYSIS SEEMS TO GIVE BOTH KNOWLEDGE AND PROFIT, THEN ONLY LIKE SUBSCRIBE AND SHARE TO YOUR FRIENDS. OPPORTUNITIES HERE. 1. 553.30 IS THE MAJOR RESISTANCE LEVEL SUPPORTED 8 TIMES. 2. FORMED HIGHER HIGH IN...
TATA CONSUMER IN BOX LOOKS GOOD TO BUY TGT 700+ SWING TRADE
Wait for breakout above the 555 level, and enjoy the rally.
Tata Consume had recently shown very good bullish rally and reached it's exhaust levels. this week there will be pull back and atleast it has to come closer to 20 sma. levels are marked on the chart. Disclaimer: This view is personal for study purpose and any trade taken is individuals own risk.
Double Bottom RSI Divergence High Relative Strength wrt Nifty50 Premium Beverage company hit by the covid-19 may rise.
Breakout of 395-400 With Bullish Setup And High Volume Can Take it to 445 - 460 .
I think we should go Long above 453 for target as marked !!