nitinshm

Short term idea: Long Tata Consumer

Long
nitinshm Updated   
NSE:TATACONSUM   TATA CONSUMER PRODUCT LTD
TataConsumer is doing shallow correction on lower volumes.. Long on hourly close above trendline.

Entry. 580-590
Target : 640-650

Stoploss: 570-575

Risk Reward : 1:3
Comment:
Trail stoploss to cost(daily closing basis). I had reached near target but failed to breach. May take support from our entry and bounce.
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