Tataconsumer
Tata Consumer: Target 800!!I had created the Monthly, Weekly, and Daily Support. The stock is at the Daily & Monthly Support; so it acts as a good resistance but this stock has an of Foreign investors so it may result in a panic sell-off due to US news.
Quantity Traded:21,54,261
Deliverable Quantity (gross across client level):5,91,340
% of Deliverable Quantity to Traded Quantity:27.45 %
Holding Ratio: Deliverable Quantity (gross across client level)/Quantity Traded
: 5,91,340/21,54,261 = 0.27449784404
⚡TATA POWER⚡ Ready for Blast 🔌 ?Take trade as per the values given in Fibonacci. always trail the stop loss. do your own analysis before taking trade
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📊 Tataconsumer Product Limited 🎯 at resistant NSE:TATACONSUM
Tata consumer stock is at bearish harmonic PRZ. In simple language the stock is at resistant.
as per this harmonic pattern stop loss is quite big as mentioned on chart.
CMP= 739.80
Reversal Zone = 741.80 to 772 ( if one can find reversal in this zone they can short this stock as per their trade setup.)
Stop loss = 772 Closing Basis ( if you wanna trade on as per harmonic patterns then you must know what is reversal as harmonic is all about reversal trading. and you have to
follow stop loss one you enter as per your trade set up.)
If you know how to trail stop loss then most of the time you will get swing trades on harmonic reversal ( both side long and short).
******whatever charts or levels sharing here are just for educational purpose only not a recommendation. please do your own analysis before taking any trade on them. we are not SEBI registered.
TATA CONSUMER BREAKOUTThere is a buildup near the resistance and that signifies a possible breakout and continuation of up-trend.
The volumes during the consolidation are also low and the stock has been making a higher lows structure in form of an ascending triangle.
Strong above 718-20,target is 2-2.5%
View is invalid if price breaks the triangle on the lower side.
Support at 695-700.
Tata consumers can go up as it respected the trend lineThere is a trend line connecting October 21st 2020 and 19th March 2021. If you extend it, we can see it has supported the current retracement from 7th May 2021.
According to the fib retracement levels, entry is above 652 .
First and second targets are 670 and 690 respectively.
(Though Tata Consumer Products declined 6% on weak operational performance in Q4, it took support on the trend line and it is gradually picking up the pace.)
TATA Consumer ltd. Quant Box Breakout !This stock is bullish in the daily/weekly/monthly Chart and broken its high after nearly 1.5 months of consolidation. We need to wait to see that RSI should not create any divergence in its bullish move.
If the Stock breaks and stands above 720 level then the probable target will be 754/787/819 level in a short-term period.
If the Stock breaks and sits below 686 level then the probable target will be 655/622/589 level in a short-term period.
So trade safely.