TATACONSUM - LONG Opportunity
TATACONSUM - CMP 960
Wave counts are updated in the chart (including internals)
Observations:
ABC correction seems complete and the price is ready to go higher
Price is bouncing off from long term trendline
Price has almost retraced to 0.618 fib level from Feb'22 lows and bouncing
OI data suggests strong accumulation is being done at the low/base
I am not a SEBI registered Analyst. Views are personal and for educational purpose only. Please consult your Financial Advisor for any investment decisions.
Wave counts are updated in the chart (including internals)
Observations:
ABC correction seems complete and the price is ready to go higher
Price is bouncing off from long term trendline
Price has almost retraced to 0.618 fib level from Feb'22 lows and bouncing
OI data suggests strong accumulation is being done at the low/base
I am not a SEBI registered Analyst. Views are personal and for educational purpose only. Please consult your Financial Advisor for any investment decisions.
I am not a SEBI Registered Analyst. Views are personal and for Education purpose only. Please consult your Financial Analyst before making investment decision
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.