Tata consumer is a buy in the range of 740-748. Reasons to buy :
1. 38% Fibonacci level retracement
2. Ascending triangle formation.
3. Already gave a breakout of a big trend and retesting now.
4. RSI is also above 50 which gives us a clear uptrend confirmation.
Buy between range of 740 to 748-50 , if you want confirmation wait for the trend line breakout and maintain then SL at any cost!!!
TATACONSUM
1. 38% Fibonacci level retracement
2. Ascending triangle formation.
3. Already gave a breakout of a big trend and retesting now.
4. RSI is also above 50 which gives us a clear uptrend confirmation.
Buy between range of 740 to 748-50 , if you want confirmation wait for the trend line breakout and maintain then SL at any cost!!!
TATACONSUM
Comment:
Target 1 Achieved . Wait for target 2 ;only 11 rs below tgt 2.
Comment:
All targets Achieved , You can book 100% .
Trade closed: target reached