Tataconsum breaking out
Updated
The stock seems to be breaking out from the support levels of 885 that we have identified with the following points
1. Rising volumes.
2. Rising relative strength as compared to the Nifty consumer Index which has not happened in the past
3. Fundamental view: Almost all counters have worked well in this index except for tataconsum, this is now time for this stock to give a nice upmove.
Potential upmove till 975 and then 1027
1. Rising volumes.
2. Rising relative strength as compared to the Nifty consumer Index which has not happened in the past
3. Fundamental view: Almost all counters have worked well in this index except for tataconsum, this is now time for this stock to give a nice upmove.
Potential upmove till 975 and then 1027
Trade active
Up by 2% in a day
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