TATACONSUM trade ideas
TATACONSUM 1Hr Time FrameNow its Forms inverted Rounding Top pattern may be this pattern changed into inverted Cup and Handle also wait for a breakout of Blue line if its broken go for short black lines are targets!
Long with 1 % risk and Reward of 1:1.6Long with 1 % risk and Reward of 1:1.6
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TATA Consumer Product Range Breakout 24 Sept 2021TATA Consumer Product Range Breakout 24 Sept 2021. Waiting for Retest to Enter.
tata consumers tata con expecting a fake out buy to sell model .liquidating the engineered channel. looking for long again at the price of 1820.
Tata consumer productsTata consumer gave breakout today after long consolidation,after retest can make long .
So keep in watch.
TATACONSUM - price analysisTATACONSUM is in a narrow ttm squeeze and has a increasing momentum. It indicates that we could see a big move sometime soon. There could be two possible plays.
A) it will breakout from the current level
B) it will respect the resistance level and price will get rejected from here and will go back to 750 level support. If it gets rejected from the support level, then it will come back up stronger and break the 780-785 resistance level and break out.
I am more inclined towards B, because it's making shooting star candle at the resistance level which indicates price reversal. If august 9th candle closes lower, then price reversal will be confirmed. If it breaks out of the resistance, it will confirm play A.
Tata consumersAfter long raily ,giving good consolidationon.making bullish rectangle.
You can long after rectangle breakout.
Need to Sustain Above 665+ Be the part of this bull rally with the Market leader from last few weeks never break the weekly low so reward is good in future, make your plan Happy trading.
Sell Tata consumerIt has formed bearish engulfing pattern. We may see further downside till 740/700 in coming days. View negated abv 774
Intraday stock This is just for educational purpose. This stock may give very good return of intraday in next trading session.
Postional @CMP Tata Cons looking Good as FMCG sector is in Focus, Stritly focus the SL below line Stock is in Blue Sky Zone.
Tata consumer long term viewTata consumer completed wave 2 correction which started in 2017,wave 3 started towards 3600
TATA CONSUMER PRODUCT - BUYDATE: 18 MAY 2021
INSTRUMENT: TATACONSUM
TREND: BUY
TIME FRAME: day
CMP: 653
BUY ABOVE: 658
STOP LOSS: 640
TGT 01: 680
DISCLAIMER:
We are not S E B I registered analysts. Please consult your personal financial advisor before investing. We are not responsible for your profits/losses whatsoever.
TATA CONSUME GO LONG TATA CONSUME BREAKS TRENDLINE ON DAILY TIMEFRAME
GO LONG ABOVE 675 FOR THE TARGET 682.20 , 685.30, 691
