TATACONSUM trade ideas
Short Terrm View for Tata consumers. Bullish Box Breakout - SwinGuys short analysis for Tata consumers.
Tata consumers is consolidating since long time within range of 554 & 654. Suggesting a long entry based below points.
1.High of 654 was broken on 6th April 2021 with Good volumes
2. if you see on Daily chart Price is moving in price channel as marked.
3. RSI also Bullish on Daily, weekly as well as on Monthly chart.
4. This can be Good Risk Reward ratio. Suggested
Entry at 664
SL is 640
First target would be around 700.
700 can be major resistance and can see retracement there so start booking little bit early of 700!
Levels are on Day closing basis.
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Usually for Bullish box breakout the targets are of the height of the box / range so ideally we should target for 750-760 in short term, but swing traders can book early!
TATACONSUM LONG INTRADAY12 APR, 2021Dear trader,
If u look at the chart of TATACONSUM (analysis based intraday only) the TATACONSUM Buy at 669 and
Target at 680
Best Buy at 665.
Our Best Buy is based on high quality research and when the instrument reaches this level , it’s a jackpot trade.
Best Buy level might be executed or might not be executed.
The chart clearly indicates Bullish Trend you can also see the candle stick patters for more indepth analysis.
In Intraday most important thing is to enter and exit points.
Our signals are based on analytics, algorithms, mathematical derivatives.
Always be a responsible trader, kindly trade only when you have maximum opportunity in the market with minimum risk and with keynotes like data, analysis and proper strategies.
Kindly message us for strategies and analysis.
TATACONSUM LONG INTRADAY 31 MAR, 2021Dear trader,
If u look at the chart of TATACONSUM (analysis based intraday only) the TATACONSUM support at 644 and Target at 654 and Stop loss at 634.
The chart clearly indicates Bullish Trend you can also see the candle stick patters for more indepth analysis.
In Intraday most important thing is to enter and exit points.
Our signals are based on analytics, algorithms, mathematical derivatives.
Always be a responsible trader, kindly trade only when you have maximum opportunity in the market with minimum risk and with keynotes like data, analysis and proper strategies.
Kindly message us for strategies and analysis.
Tata consumer forming ending diagonal patternTata consumer is forming ending diagonal pattern on the weekly charts and can be a good Short trade below 611 for the Target area of around 458
TATA CONSUMERTATA Consumer looking interested in the chart for a long position.
Study and take a call....
Short below 600 closing. Target 550 zone.#TechnicalAnalysis
#NoRecommendation
#DoYourOwnResearch
#EducationalOnly
TATACONSUM SHORT INTRADAY 9 MAR, 2021Dear trader,
If u look at the chart of TATACONSUM (analysis based intraday only) the TATCONSUM SUPPORT at 618 and STOPLOSS at 613.
The chart clearly indicates Bullish Trend you can also see the candle stick patters for more indepth analysis and you can see channel patterns .
In Intraday most important thing is to enter and exit points.
Our signals are based on analytics, algorithms, mathematical derivatives.
Always be a responsible trader, kindly trade only when you have maximum opportunity in the market with minimum risk and with keynotes like data, analysis and proper strategies.
Kindly message us for strategies and analysis.
#TATACONSUM BO Cup and Shoulder (TATACONSUMERPRODUCTLTD)Its at its ATH after complete formation of Cup and Shoulder Pattern, Seeing good volume on 60/240 Mins TF.
We can Expect at least 95-110 Points from 600 Levels, As the Cup Depth is around 130 Rupees
Disclaimer: Educational Purpose only.
NSE:TATACONSUM
Invalid Inverse H&STCP chart shows a good Inverse H&S candlesticks pattern. But the price failed to give the breakout by closing above the Neckline. This invalidated the CS pattern of Inverse H&S. Yesterday price closed below 20EMA.
Long on Tata consumer Product
1.Support turned Resistance Trend line broken without wick rejection on Daily time frame
2.Resistance at 615 Broken.
3.Buy at current levels for target of 680 with a SL at 600 , Risk to reward ration almost 1:2
Tata consumer { 1hr Short }Doji N IB in formation. rest is as per chart
Note :-
Entry - At the break of mentioned candle's low/high
Stop Loss -
In a Short Trade, I always use Previous Candle High ( PCH ) as a stop loss while entering the trade. Sometime I might use 15 M tf SL & trade in 30M tf which I'll mention. Vice Versa for long trades
Trailing Stop Loss ( TSL ) - Mostly I trail stop loss by PCH as price falls . I exit as PCH breaks & vice versa
Use of PSAR as TSL :- TSL get's hit in trend following due to noise, In such cases I use PSAR to be in trend & exit if PSAR direction change
You can use any one of above mentioned or your own way to manage risk
Time Frame :- I take ~ 90% of my intraday trades in 15m tf. Where my analysis might come from higher frames like W , D or 1hr chart pattern which will be mentioned.
Target :- I do set target line based on support / resistance slightly above/ below it . Please pay attention to it
Tata Consumer { D - Frame Short }Check the trend lines I drew in d -frame, you'll notice the stock was in uptrend until the " Swing Low " got broken and made a lower Low as mentioned in chart . Yesterday it has formed a IB following an Outside Bar, if it breaks it will generate a good momentum and we're betting on Short side here with targets mentioned in chart
Note :-
Entry - At the break of mentioned candle's low/high
Stop Loss -
In a Short Trade, I always use Previous Candle High ( PCH ) as a stop loss while entering the trade.
Trailing Stop Loss ( TSL ) - Mostly I trail stop loss by PCH as price falls . I exit as PCH breaks & vice versa
Use of PSAR as TSL :- TSL get's hit in trend following due to noise, In such cases I use PSAR to be in trend & exit if PSAR direction change
You can use any one of above mentioned or your own way to manage risk
Time Frame :- I take ~ 90% of my intraday trades in 15m tf. Where my analysis might come from higher frames like W , D or 1hr chart pattern which will be mentioned.
Target :- I do set target line based on support / resistance slightly above/ below it . Please pay attention to it
