tata consumer is on important demand zone with dragon fly candlePositive RSI divergens
trendline and horizontal support line is matching
daily time frame dragonfly pattern form sign of good support
TATACONSUM trade ideas
Tata Consumer Correction Time (GAMA BLAST ALERT)! ! !
Price reacted to Fresh monthly Supply
We also have a Fresh 3 Months Demand ready.
Now lets check further in lower timeframe for confirmation in downward direction.
This is a Daily chart and we have a Short position in Sell.
Tata Consumer Product-Intraday for 02.05.2024
1. Price is at strong support level at Day TF
15 Min TF
1. After a big fall, Price is consolidation in sideways at strong support and resistance level.
2. M Pattern has formed and expected to big breakdown if support level breaks.
3. 200 & 50 EMA has reacted at resistance indicating bearish.
4. Chances of forming bearish flag pattern
Risky Buy: Above 1100(Target 8 points)
Strong Sell: Below 1181(Target 20 Points)
Get confirmation from any of the leading indicators before entering trade
Kindy comment below in case of any clarification required. Please follow for more ideas
TATA CONSUMER SUPPORT AND RESISTANCESupport and Resistance Levels: In technical analysis, support and resistance levels are significant price levels where buying or selling interest tends to be strong. They are identified based on previous price levels where the price has shown a tendency to reverse or find support.
Support levels are represented by the green line and green shade, indicating areas where buying interest may emerge to prevent further price decline.
Resistance levels are represented by the red line and red shade, indicating areas where selling pressure may arise to prevent further price increases. Traders often consider these levels as potential buying or selling opportunities.
Breakouts: Breakouts occur when the price convincingly moves above a resistance level (red shade) or below a support level (green shade). A bullish breakout above resistance suggests the potential for further price increases, while a bearish breakout below support suggests the potential for further price declines. Traders pay attention to these breakout signals as they may indicate the start of a new trend or significant price movement.
Disclosure: I am not SEBI registered. The information provided here is for learning purposes only and should not be interpreted as financial advice. It is important to consult with a qualified financial advisor before making any investment decisions. Tweets neither advice nor endorsement.
Tata Consumer Looking bullishWith 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.
Tata consumers last 15 minute candle shows bullish engulfing many stocks ended as bullish engulfing in 15 minutes last candle..since tataconsumers has high volume so that we can take long entry for monday
Received TCPL shares against the TCL merger happened Jan-24we received TCPL shares against the TCL merger happened on 15th Jan-24 is record date of company. below is the circular From BSE
www.bseindia.com
However TCL & TCPL both chart are similar patter hence we carry forwarded the trade. we adjust the TCL according chart structure.
* March-202 TO Aug-21 is in Uptrend
* Sep-21 To Oct-23 in Consolidation for over 3 years
* year ending 2023 made 4 month Consolidation in narrow area.
Tata consumer productAvwap squeeze breakout with above average volumes. Rsi hidden bullish divergence. HH HL formation, stock above 10 ema.
Tata Consumer - Long (16-12-2023)Tata Consumer
Buy Above 965
For Target : 1005-1090-1195-1301
SL 680
Please consult your financial advisor before investing
All research for educational purposes only.
Breakout in tata consumer 23% upside possible A good breakout with heavy volumes ND strong rsi was done in tata consumer.
Buy it at 1191-1240
Target 1280 1470
Sl 1165
There is high possibility that 23% will be achieved with in 5-11 week
Tata Consumer Daily Chart AnalysisTata Consumer is trading near its important resistance level . wait for any bullish pattern or closing above 1210 on daily chart .
tataconsumerAdd 880... keep adding dips so manage first buy accordingly. positional pik for investors.
TATACONSUM 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 loss, Shared for Educational purpose
Tata Consumer Products - Double bottomTata Consumer Products has created a double bottom pattern on a weekly timeframe and given a decent breakout on a daily timeframe, making it an ideal buy candidate.
Being an FMCG sector stock in India, which has an ever increasing population, also a very young population, makes FMCG stocks a very safe bet for a few years.
Add a decent setup from a technical perspective and its a no brainer to accumulate on dips.
That said, please do keep an exit strategy in mind, no matter how safe a stock is. My strategy would be using a 50EMA as a trailing stoploss.
For those who do not know what a stop loss is, its basically a rule that a trader follows where in, when price goes below a particular zone/trendline/moving average, etc, they would sell it, no matter what.
NSE-TATACONSUM - Short term trend tracking up? NSE:TATACONSUM
Tata Consumer Products Ltd, a prominent member of the Tata Group, is a key player in the food and beverage industry, both nationally and abroad. This tea company is the second largest in the world and dominates many markets. It has expanded beyond South Asia, with a particular focus on India. foothold in several other regions such as Canada, the United Kingdom, North America, Australia, Europe, the Middle East, and Africa.
Acquisition of Food Business
In FY2020, the company got the consumer products business from Tata Chemicals Ltd. This includes selling salt with the name 'Tata Salt', and food products like spices and pulses with the name 'Tata Sampann'. It was an all-equity deal. counts for about 71% of branded business revenues of the company. About 22% of the revenue comes from business operations outside of the local area, including Canada, the United States, the United Kingdom and Europe, the Middle East, and Australia.
Branded Vs Non-Branded
90% of total revenues come from branded food & beverages business & the rest 10% comes from the non-branded business of company.
Revenue segmentation
India Beverages(37% of revenue) - Brands such as Tata Tea, Tata Gluco+, Himalayan, Tata Coffee Grand
India Foods(27% of revenue) - Brands such as Tata Salt, Tata sampann, Tata Soulfull, Tata sampann yumside
US Coffee(11% of revenue) - Brands such as Eight O'clock
International Tea(15% of revenue) - Brands such as Tetley, teapigs, Good Earth
Tata Coffee(10% of revenue)
As of 9MFY23, Growth businesses include Tata Sampann, NourishCo, Tata Soulfull, and the RTE/RTC business (Tata Smartfooz) grew 53%YOY
Tata Starbucks
It is a joint venture between Tata Consumer Products and Starbucks Corporation of America wherein the company is working towards expanding the presence of Starbucks retail coffee stores in the subcontinent of India.
Presently, it operates 311 Starbucks stores in the nation.
source : screener
disc: Invested first trance
small dip overall trend is uptrend , its just going small correction phase . expecting upmove in coming days.
TATA CONSUMER BREAKOUTtata consumer break out at resistance after 3 doji and forming almost marubozu weekly candle can be good breakout
sl 840
CMP 914
TARGET 1095
TATA CONSUMER PRODUCT ( Ready for fresh break out)1.Gud consolidation near break out zone.
2. Less volume on selling candle
3.entry after break out with green daily candle
4. sl will be swing low for swing trade.
TATACONSUMTata 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
Share your views in the comment below
tata consumer long tradeTata consumer product looks good here.
I have added 50% of trading allocation qty at 900 and 903.
Will add more on retest.
tataconsumer nice cup and handle pattern NSE:TATACONSUM
4hr time frame it has formed c&h pattern and retasted properly
Tata Consumer products Buy at current price.Stocks reverse from 200 EMA on 1 hr. Timeframe.
RSI strong with double bottom on 40.
Cup and handle pattern breakout.
