TATACONSUM

Updated
Tata Consumer Products Ltd (TATACONSUM) is at all time high and at the peak of the Uptrend Channel.

Previously the price has moved downwards from the peak of the channel and it looks like it can behave the same.

Volume it pretty low.

I am shorting this stock.

Entry - 950
Stop Loss - 970
Target - 900

Risk to Reward - 1 : 2.5

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Hold time - 1 Day to 21 days
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