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Tatacoffeelong

Expecting a Bullish Move in TATACOFFEEAs per the 2 Hour Chart of TATACOFFEE, we can witness a Formation of “Hammer” on the chart. Therefore, we are expecting a bullish momentum in TATACOFFEE in the upcoming trading sessions. Wherein it is being expected to face a resistance initially at around the levels of 214.70, 216.75, and 220.20. Whereas, on the other hand, on the downside levels, the stock may face a support at the level of 209.85, on closing basis. Closing Price (as on 28.12.21) : 2112.55 Disclaimer: No financial information whatsoever published here, should be construed as an offer to buy or sell securities, or as advice to do so in any way whatsoever. All matter published here is purely for Educational and Information purposes only and under no circumstances should be used for making investment decisions. Viewers must consult their personal financial advisor before making any actual investment decisions, based on information published here. Any Investor or Trader taking decisions based on any information published here, does so entirely at its own risk. Investors and Traders should bear in mind that any investment in Stock Market is subject to unpredictable market-related risks.
TLong
by alokdaiya
TATA COFFEETata coffee has recently given breakout along with good intensity of volume, as per wave structure, it is suggesting that wave 1-2-3-4 are completed and now its in wave 5, and in smaller degree under wave 5 it is in wave 3rd of it. ---------------------------------- Trend indicators suggesting ---------------------------------- 1) macd in weekly is uptick and above zero line which is allowing to go long 2) macd in daily is positive crossover uptick above zero line, aligned with buying signal 3) relative strength index is also uptick above 70, aligned with buying signal 4) dmi adx is also positive uptick, aligned with buying signal 5) upper bollinger is also in momentum buying, aligned with buying signal ---------------------------------- Overall, all the scenarios are suggesting uptrend ahead, one can go long at current levels or in dips (if any) with mentioned key levels on chart. Disclaimer i am not a sebi registered analyst my studies are for educational purpose only please consult your financial advisor before trading or investing
TLong
by RK_Chaarts