amankavi
Short

Tata Coffee - Post Q4 results (Bullish trend)

NSE:TATACOFFEE   TATA COFFEE
67 0 4
If bulls are able to push price further..
TP = 145, 150
SL = 119

Fundamental analysis - https://www.screener.in/company/TATACOFFEE/consolidated/
http://www.business-standard.com/article/pti-stories/tata-coffee-q4-profit-jumps-over-three-fold-to-rs-45-69-cr-117051801609_1.html
Comment: Can take short ride towards resistance level (C) as high volume trading occured pushing the price up
However, To be on safe side, book profits if the scrip shows sign of gravestone doji which can appear again which usually results in strong bearish trend due to uncertainty amongst traders
Comment:
Comment: However, To be on safe side, book profits if the scrip shows sign of gravestone doji which can appear again which usually results in strong bearish trend due to uncertainty amongst traders >>
Gravestone doji formation is somewhat appearing with %william also in overbought..
Bulls should play safe as the trend can take bearish reversal
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