IIMA_Brat

Great entry point with Supper Powerful Bullish setup!

Long
NSE:TATACONSUM   TATA CONSUMER PRODUCT LTD
Technical analysis shows new strength emerging in TATA Consumer.

Fundamentals in favor:

1. Company's leadership is trying to reduce debt & working capital year on year
2. Market leader in Salt & Tea (Almost monopoly)
3. Venturing into other ready made kitchen segments : idle, poha & etc


4. Acquisition of Big basket will transform this company into 3rd e retail giant after Amazon & jio Mart.
5. Only FMCG company capable of +20% ROCE for next 4-5 years!!

Verdict: If you can happily invest & forget about it for next 3 years, then it will easy give around 200% returns!

Disclosure: Invested, Follow your risk management if you may enter.

Comments

Home Stock Screener Forex Screener Crypto Screener Economic Calendar About Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Referred friends Coins My Support Tickets Help Center Private Messages Chat Sign Out