architmahajan096

Tata Consumers - Bull Counter Attack

Long
NSE:TATACONSUM   TATA CONSUMER PRODUCT LTD
A bull counter attack is when the bears push the price below a support price or a trendline and then the bulls fiercely counter by pushing the price back up. Typically, the open and low price in such cases is same, i.e. Bulls attack right from the start of the day to ensure price doesn't go below the support.
One can go long in this counter, with
SL below the low - 686
Target 1 736
Target 2 750

Duration: 1 month (April expiry)
Best entry: 700-710
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