Date : 10th May 2024
Time : 10:10 AM
Tata Consumer P has been under my watch from last week of April.
--> Major things that caught my attention was this Head & Sholder Chart Pattern and right underneath it, there is a Bullish Continues Divergence with MACD. that's why I was little suspicious about this stock and its H&S Pattern.
--->Another thing is this whole H&S movement is part of 4th Wave and one more 5th wave is expected, Backed with B C Divergence.
---> 1st 10 Days of May Month it was just in Range that we can see in chart that indicates it B C Divergence is genuinely working here.
---> Today, it seems like, it gives fake sell side entry moved upside.
After all this Safe Buying Side Entry will be once it close above 100 Ema, if someone wants to enter right now their SL will be 1067 Rs.
Time : 10:10 AM
Tata Consumer P has been under my watch from last week of April.
--> Major things that caught my attention was this Head & Sholder Chart Pattern and right underneath it, there is a Bullish Continues Divergence with MACD. that's why I was little suspicious about this stock and its H&S Pattern.
--->Another thing is this whole H&S movement is part of 4th Wave and one more 5th wave is expected, Backed with B C Divergence.
---> 1st 10 Days of May Month it was just in Range that we can see in chart that indicates it B C Divergence is genuinely working here.
---> Today, it seems like, it gives fake sell side entry moved upside.
After all this Safe Buying Side Entry will be once it close above 100 Ema, if someone wants to enter right now their SL will be 1067 Rs.
Trade active
Comment:
Breakout with Gap Up opening today!
