Akashyadav92

Shorting Opportunity in TATACONSUM ? If Crosses below 639!

Short
NSE:TATACONSUM   TATA CONSUMER PRODUCT LTD
All important resistance and support zones are clearly marked on the charts.
And we can clearly observe in the charts that in TATACONSUM for the period of time 640-45 was acting as very strong support.

As two red trendlines are seen along with market sentiments expecting this time to break below that thus giving us the short entry.

So for safer side it's good to wait and watch till 439 is not breached.
Review before trading and do share valuable feedback or something missing in charts!

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.