Tataconsumer
SELF EXPLANATORY SERIES : QUICK ANALYSIS ON TATACONSUM.In this self explanatory series I will be posting charts with pure technical analysis only without full length explanations , Traders can ask their doubts in comments section, Happy trading.
Disclaimer : This idea was to just give you an insight about my own view and personal observations. Please do your own research or consult an investment advisor before doing any investment or trading.
Long on Tata Consumer, SWING/PositionalThe trendline which used to act as resistance is being converted as support and tested multiple times. Will the trade take support at support line to hit previous high's and beyond. Not sure, but yes a long on Nifty50 scrip seems logical from a long term point of view as the scrip trading well below 50sma. Please perform your own analysis for SL and Profits. Always remember, you are responsible for the trades you take or consult an advisor.
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Swing SetupEXPLANATION : This is a 4 hour time frame chart of TATACONSUM . It has formed Inverted cup and handle pattern , If stock give a strong breakdown and broke its demand zone with volumes and has retested the same. I am bearish on TATACONSUM .
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Tata Consumer - Going Down !While it was running, I thought why?? Why is it running so bad?
Then I realized, it’s just a pattern to chaos theory.
See its very simple. Everyone will learn right now on where to invest in inflation, simple answer will be consumer stocks / Utilities. So, more retail buys tata consumer, more selling will come, until this hits June 2021 levels. When actual inflation will hit the economy, then retail will exit. funny these guys are.
So, a proper inverted round cup. Should come down quite significantly. I am guessing by November end / December, this should be back in action. Until then, I will stay away from it / Short it
This is just a chart pattern discussion. Please trade your hard-earned money on advice of a registered stock market expert. I am a newbie trader :)
TATACONSUM pre-market intraday analysis and setup🎇Hello Traders👋
Today i have made a post on TATACONSUM 1hr
I hope you find this post helpful and informative👍
The targets and stoploss would be given in the charts or they would be according to pivot points
Thank You
—DISCLAIMER—
I am not a SEBI registered financial advisor
Please consider your consultant's advise a must , all the setups posted here will be considered as informative and helpful post
I shall not be responsible for your profits and losses
Tata Consumer Seems Bullish..Tata Consumer Looking Bullish....
As we can see it is respecting its trend line and taking Support again again .....
Now wait For Breakout Above 884 and closin g ...
As We can see it is taking support from its 50 EMA and respecting trendline.......
If in upcoming days any Momentum Comes in FMCG secto r then ....Look for Trade in it....
Possitional Trade
Buy Above - 885
Target - 900/910/920
SL - Own SL
Tata Consumers Profit Booking Zone
HEY TRADERS,
THIS PREDICTION IS BASED ON A HARMONIC PATTERN AND THE HARMONIC PATTERN IS 100% ACCURATE AND10000% RISKY BECAUSE IT IS AGAINST THE TREND METHOD...
HOPE YOU ALL FIND SOME VALUE Here...SO, DON'T FORGET TO LIKE AND SHARE THIS POST. DON'T FORGET TO SUBSCRIBE.
COMMENTS WRITE DOWN BELOW OF THIS Chart...
THANK YOU...
~Disclaimer: "I Am Not Sebi Registered Advisor" All views and charts shared in this terminal are purely for knowledge and information purposes only.
#tataconsumer :breakout from resistance with good momentum,trend#tataconsumerproducts. Short ,medium and long term momentum bullish with trend indicator showing rising in strength .
Last daily candle is a breakout wide range bullish breakout from past resistance zones with good volume making a new all time high level
and also making high high pattern In a trendline channel
TATA CONSUMER to take long entryLong tata consumer a perfect example of pole & flag pattern can be seen on charts. Long above 775 for next move till 810 with the SL 760. Also this can be taken for long term duration in next 5 to 6 month stock can easily touch the levels of 1300 to 1500 . A uptrend stock in all TFS. This is for your educational purpose only.
Tata Consumer - Breakout after 1 year🔴DISCLAIMER
***** It's just for an educational purpose and so you must also follow your own technical analysis before taking up the trade ******
Aggressive traders enter at the breakout and conservative traders may give entry after retracement (Retracement is optional, we cannot expect every stock to take a retest after the breakout, it may also continue to have its bullish pressure after the breakout)
After reaching our targets, trail your stop loss to get maximum profit from the stock in a single trade
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