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Short
May 7, 2020
Tata Coffee Ltd. - Bearish
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Tata Coffee Ltd. recently faced resistance from 200 SMA in the daily chart and witnessed breakdown from rising wedge pattern.
Likely to stay weak in the near term until it stays below 75-80 zone.
Probable support in the near term comes at 70 and then at 59. Keep a watch.
Garey_Singh
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Garey_Singh
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