TATACONSUM
Parallel channel
Stock looks good for huge upside move.
Since April stock has been move 17% on upside.
Stock has been in a range of 870-820 for 40days straight.
We can expect a good move on higher side. If it’s a fake out then we can expect a 5% down side move.
Educational purposes only.
Comment:
Can take position if 884 levels breaks with good volume.