With the completion of the long-term Flag and Pole pattern, I expect a breakout in Tata Consumer Products for an upside of min INR 200 from current levels.
NSE:TATACONSUM presently near at major support zone, can make a reversal from that support. drawn future 2 paths as per present price action and support resistance zones.
NSE:TATACONSUM is trading in a channel. My view to to take entry if price reach at the level of 760, then hold till target of 790 & 812 Will put stop loss of only 15 Points which is 745. Note: This is my personal analysis, only for learning. Thanks.
TATA CONSUMER squeezing in the zone and can give a breakout in the coming daily sessions. Watch out for this stock for a good profit opportunity. Trade safe. Manage risk. Be profitable. Please follow us for more simple trading analysis and setups. Also let me know in the comment in case you have any queries. Disclaimer :- This is just my view. Please analyze...
Reversing from fib 61.80% and breaks double bottom in 1HTF. Keep SL below the blue zone and keep holding it.
FOR MID AND LONG TERM TATA CONSUMER GRAB THIS IF YOU GOT AT THE SUPPORT OF TREND LINE.