T-1 : 950 T-2: 1080 SL : 800 These are swing idea's which you can add your watchlist and analysis for yourself. Keep on radar. Potential upside stock! This content for only education purpose! I am not SEBI Register
huge buying observed in second half tooday and broken flag get ready for new higher high protected tgt 1000 short term buy
Past couple of weeks has not been good for the FMCG sector but one stock which attracts is the NSE:TATACONSUM . This stock is already in a major bullish trend and has come out of the consolidation phase few days back. The levels are marked for the easy of understanding. Any further development will be posted here.
Tataconsum at important zone. for tomorrow a breakdown and retest will be a good entry point for intraday trading on sell side and if bounce from support zone and retest will be a good entry point for intraday trading on buy side.
Price is at all time high make higher high and take break out at resistance level with High volume and make retest at that level , 100 EMA is below 50 EMA that is bullish Sign , MACD and histogram also saw fair value for bullish way so first Target will be 986.90 and Stop loss will be 797.40 This is for educational purpose not a trading advice so that's my view...
Tata Consumer based on monthly can rally upto 1300±. If needed can start accumulating from current level till 1750. Its a long term view. Patience is important. Shared based on chart pattern. This is for educational purpose. Do your analysis from your side too.
NSE:TATACONSUM One Can Enter Now ! Or Wait for Retest of the Trendline (BO) Or wait For better R:R ratio Note : 1.One Can Go long with a Strict SL below the Trendline or Swing Low of Daily Candle. 2. Close, should be good and Clean. 3. R:R ratio should be 1 :2 minimum 4. Plan as per your RISK appetite Disclaimer : You are responsible for your Profits and...
This script seems to be taking support at right place. So, I am having a long bias towards the near-term target as shown in the chart drawing.
Hello traders i hope you are doing well. Today i will share u tata cons product analysis.
The price corrected 16% from the level of 820 and price continuously formed lower lows & lower highs. And now price formed DOUBLE BOTTOM formation on daily chart which considered as bullish formation for the price. Downward trendline also resisting the price from the upside. If price breaks the level of 810 and closes above it than target will be 722/740/760...
TCS Formed Double Bottom Pattern in a Bearish Trend and Then the Price Retested the Last High and Goes Bullish and Broke the Trendline.
Tata consumer stock will break out soon on any side hope it is usefull for traders...
In the Weekly Chart of TATACONSUM , we can see that, after the breakdown and 13 weeks of strong sell, we saw a Strong Pullback Candle. Now it has retested. Enter on breaking its high with low as SL.
long trade after retest of breakout, because they formed an double bottom patreen as explained in the chart, this content is for educational and learning purposes only.
If you cannot recognize this pattern, will really recommend Minervini's books. Textbook SL and entry, good governance, turnaround in FMCG happening. Have fun!
After forming the wedge chart pattern, we had almost a 15% downward move. I reckon there would possibly be a reversal reasons : 1. Consistent volume of green candles 2. Tested a zone of demand 3. At the end of the Bollinger-Bands If the stock breaks the zone of Demand it'll move towards the 200MA or if the stock does reverse then it'll move to the trend...
In the Weekly Chart of TATACONSUM , we can see that, after the breakdown and 13 weeks of strong sell off we could not even see a pullback. Now we can see that, it is holding its position and Double Bottom Pattern with Strong Bullish Hammer Candles has been formed. We can see a good up move in coming weeks.
Rejection Candle act as a Reversal of Trend . Above rejection candle high we will see a continuation move