I think the correction is over and Coffee now about to get HOT. Target is (70 to 87 short tern) (117 to 140 mid term) (200 and on & on long term) No Buy or Sell recommendations. Just for study purpose.
Resistance as below 1st : 77 2nd : 90 3rd: 190 above are the 3 resistances for cafe coffee day stock. currently looking bulllish on the chart. volume is very high as compared to the average volume.
Tata Coffee Breakout on weekly chart Weekly RSI heading towards 70 zone Daily chart is also looking good Daily RSI 64 above 220 can touch 240++ SL 205 closing basis
COFFEEDAY weekly chart study. Avoid buying until the channel top is broken. Long term bulls can exit if the major support is broken on closing basis.
NSE:TATACOFFEE has given a 50 SMA breakout with huge volume. The stock should be in action in the coming days. Trade ideas are welcomed by fellow traders.