Tata Consumer Ready for 15% Upside !!

Updated
The stock has just finshed minor 4th wave of the major 5th wave. We may see an explsoive move on upside in the form of impulse. The risk reward is very good (~ 1:3.5)

The wave counting, entry, stop loss are indicated on the chart

Disclaimer : The above analysis is only for educational purpose. Please consult your financial advisor before making any investment decision


Note
The stock has moved close to 10% from our levels. Lets wait for another 5% to book the profits. This is not a level to add any new positions
Trade closed: target reached
The stock has hit our target of around 15%, and it took two and a half months to reach it.
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