Long Candidate for Swing Trading Confluence of 200 EMA and Support Line of Parallel Downtrending Channel
Disclaimer: View for Education purpose, not for trading advice.
Tataconsumer
Tata consumerBuy Tata Consumer Support Area Stock More Analysis Follow Me And Like And Share And Comment
TATA Consumer looks strong…TATA Consumer looks strong…
Reasons/Traits :
• Today gave a break out from two day inside bars with a big green bar with very good volume
• Above 13 and 50 EMA
• Price touched 0.618 retracements levels
• RSI increasing
• Bearish Crab harmonic pattern formation is in place
What can happen next :
Scenario 1 : Price sustaining above 850/853 levels can take it to 865/870/915/940 levels
Scenario 2 : Price break down below 834 can take it down to 812/800/775/750 levels
Disclaimer : This analysis is only for educational purpose and not be considered as any trading idea/tip. Please consult your financial advisor before you take any trade and we are no way responsible for your profits/losses. Thank you!
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TATA CONSUMER Daily chart Analysis 08.12.2021TATA CONSUMER as per Daily chart pattern analysis was in monthly/weekly consolidation zone. Today it has broken the consolidation resistance level 772. Stock above 774 level target 785 is achievable
Hidden RSI Divergence in Tata ConsumerTata Consumer can be seen with a Bullish Divergence in RSI Indicator.
One can take a long trade when RSI moves above 60 on Daily Time Frame and closes above 253 with a SL below 240.
Target can be 300 or much higher.
tata consumerbreakout seen
keep sl 815
target open
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial adviser before taking any trade.
TATACONSUMERBuy Tata Consumer at 845 with Stop loss of 770 for the target of 920 and 995
Strong fundamental stock
1. 5 digits Consistent sales growth
2. Debt free company
3. Healthy dividend payment history
4. Multifold cashflow growth
6. 7.87 Earning per share average every year
6. Promotors holding is the concern
Consider hold this stock with long term prospective and add this stock into portfolio on every dip
TATACONSUM TRADE SET-UP FOR TOMORROWTata consumer share touched the level of 860 and then reversed, now stock is following the good price action.
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As you can see in the chart, Tata consumer taking the correction after every bull move.
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So for tomorrow, stock will test the 829 levels it is a resistance level so maybe share will wait for some time,
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Then will give the breakout, you can buy trade once it cross 829 for the target of 840-850.
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Tata Consumer - Bullish AgainMaking Higher Lows now
Looks good if sustains 18-20 levels
near term resistance at 60 and support at 800
R:R favorable
TATACONSUMER - Accumulate TATACONSUMER - looks good for accumulation. It can move higher if it crosses 830
TATACONSUM Going To Buy The DipTATACONSUM
Buy-770-771
Sl-750
Target-815 830 860
Will Wait Till Our Entry Price.
Tata Consumer - Break Out Possible Tomorrow There can be an easy move on either side of 15 to 20 points, more probability on the sell side as per trend
Buy_Tata ConsumerTata Consumer has taken support from its 100 days moving average. RSI is in oversold position and now moving upward. MACD is about give a positive crossover.
Tata Consumer_Hoping for the Breakout on 15 mins chartThe stock has consolidated at current market price. Keep a close eye on this. It is ready to give very strong up ward move anytime soon.
What is your view on this?
TATACONSUM looks good for short term positional tradeBUY TATACONSUM above 853 with TGT of 880+ and short term SL of 830!
After significant FALL there has been a breakout in DAY period with good volume.
TATACONSUMER - Decisive cross above 830 will push higher TATACONSUMER - Looking good to accumulate. Decisively crossing 830 will push it further higher.
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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Tata Consumer - BullishPure price action at its play
Looking as of end of short term downtrend
Good till it holds 790
TATA Consumer Products LtdBullish flag pattern in TATA Consumer Products Ltd. wait for the breakout..
TATA Consumer 1 Week swing 40rs targetTATA Consumer has sold aggressively with in one Week it reach 840rs, swing 40rs target 840rs++
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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