Tata Consumer Products LTD - Technical - Weekly#TataConsumer includes operations both in🇮🇳 India and internationally. The Indian business focuses on branded ☕️tea, coffee, water, and various food products like salt, pulses, spices, and ready-to-eat meals. Internationally, #TCPL is known for its tea and coffee brands, with a strong presence in markets like the UK #Canada and the #USA
Hear is a 📉chart overview for your reference😍
Tataconsumerproducts
Tata Cons. Prod. Cup and Handle BO.NSE:TATACONSUM today gave a Cup-and-Handle Breakout, with the RSI and MACD Showing Buy Strength as it crossed Major Levels.
Trade Setup:
It can be a Good 1:1 RISK-REWARD Trade with the recent base being crucial and the Size of the Cup as the Target on the upside as it usually is for cup & Handle Breakout.
Target(Take Profit):
1087 Levels for Swing/Positional Trader.
Stop-Loss:
Around 926 For Swing Trader and a Recent Base of 880.35 for Positional Trader.
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Disclaimer: This analysis is intended solely for informational and educational purposes and should not be interpreted as financial advice. It is advisable to consult a qualified financial advisor or conduct thorough research before making investment decisions.
Trade Alert : Tata Consumer Product, breaking out with INHS Technical Analysis:
Trading Above 20 EMA : good for short term
Broken out from INHS pattern with good volume
Good Volume
Trading Setup
Buy at cmp unless gap down opening
Target would be :1026-1060
short Term SL would be : 955
Risk Reward Ratio : 2.6
Note : Market is volatile nowadays, so keep your size as per risk appetite
Chart says everything itself: Educational post
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Educational post
I am not Sebi registered analyst.
My studies are for educational purpose only.
Please Consult your financial advisor before trading or investing.
I am not responsible for any kinds of your profits and your losses.
Most investors treat trading as a hobby because they have a full-time job doing something else.
However, If you treat trading like a business, it will pay you like a business.
If you treat like a hobby, hobbies don't pay, they cost you...!
Hope this post is helpful to community
Thanks
RK💕
Disclaimer and Risk Warning.
The analysis and discussion provided on in.tradingview.com/u/RK_Charts/ is intended for educational purposes only and should not be relied upon for trading decisions. RK_Charts is not an investment adviser and the information provided here should not be taken as professional investment advice. Before buying or selling any investments, securities, or precious metals, it is recommended that you conduct your own due diligence. RK_Charts does not share in your profits and will not take responsibility for any losses you may incur. So Please Consult your financial advisor before trading or investing.
Tata Consumer cmp 972.80 by Weekly Chart viewTata Consumer cmp 972.80 by Weekly Chart view
- Price Range 865 to 890 Support Zone
- Price Breakout sustained above Falling Resistance Trendline
- Volumes are steady and edging above the avg traded quantity
- Bullish "W" or probable Double Bottom around the Support Zone area
- Weekly Support at 920 > 865 > 780 with Resistance at 1045 > 1120 > 1190
About to Break Key LevelsNSE:TATACONSUM about to break key levels with nearing completion of a cup and handle chart pattern on Daily time frame, Good Accumulation Seen from July to Sep. 2024 around Post Rights Issue to Acquire two companies Capital Foods (Ching's) and Organic India to strengthen their product portfolio further. 1154-1168 Will be a Good Zone to add or wait for the breakout of 1255 Levels.
Disclaimer: This analysis is intended solely for informational and educational purposes and should not be interpreted as financial advice. It is advisable to consult a qualified financial advisor or conduct thorough research before making investment decisions.
Tata Consumer Product about to creat a New Life Time HighHello Traders,
Tata Consumer Product is in a Way to new Life Time High. Moving forward with the H&L pattern. With this move the Momentum indicator has also given a Signal to Buy the Stock.
But let the move to be Confirmed .
Higher probability is That it can break above the Highs,
Weekly & Monthly RSI above 60 range .
Daily is slightly crossing above the Range.
Multiple Confirmation.
Keep This stock in Radar to capture the Good Momentum.
For Educational Purpose only.
Thank You
TATACONSUM - Ichimoku Bullish Breakout Stock Name - TATA Consumer Products Ltd
Ichimoku Cloud Setup :
1). Today's close is above the Conversion Line
2). Future Kumo is Turning Bullish
3). Chikou span is slanting upwards
All these parameters are showing bullishness at Current Market Price
and more bullishness AFTER crossing 824
#This is not Buy and Sell recommendation to any one. This is for education purpose and a helping hand to learn trading in Market.
# Cloud Trading
# Ichimoku Cloud
# Ichimoku Followers
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Tata Consumer breakoutTata Consumer - Short Term Range Breakout Idea
When the price crosses the range, it is likely to continue in that direction. Intraday traders then use the breakout as the entry point. In simple words, the opening range breakout strategy means taking a position when price breaks above or below the previous day's high or low
Tata Consumer Products is an Indian fast-moving consumer goods company with its corporate headquarter in Mumbai, and is a part of the Tata Group. Its registered office is located in Kolkata. It is the world's second-largest manufacturer and distributor of tea and a major producer of coffee.
TATA CONSUMER PRODUCTS broke triangle patternNSE:TATACONSUM a less known company with well known products like TATA salt, TATA tea, Tetley green tea and Starbucks and much more, have finally broken out of its triangle consolidation after 6 failed attempts in the past one year.
Fundamentally & financially strong with consistent group in revenue & profits, low dept to assets ratio, consistent dividend yield, reasonable PE ratio, consistent FII holding, increasing market share seems like a good scrip to have in our portfolio.
Price wise current price 837.45 is just 5.8% below its all time high of 889, hence this might be a costly entry and the breakout is not with very high momentum. Also the DIIs consistently reducing their state from March 2021.
However, from its pros perspective, even in short term if this scrip corrects a bit, averaging out will not be a bad option, as in long term it seems to be healthy.
Entry : 820 to 840
Target : Trailing stop loss with partial profits booking method at every 5% up movement
Exit : SL1 800 (resistance break), SL2 780 (support break), long term holders can average instead of exit
Key note : Always follow proper risk management to avoid losing capital from false breakouts as this is common.
Caution : This is a knowledge sharing analysis, not a call.
Tata Consumer Fut intraday 5th Aug 2022Reference Point
PDH - 801.35
VAH - 797
POC - 791
VAL - 787
PDL - 783
One can Trade on the breakout of PDH/VAH or PDL/VAL or Trade Reversal Near PDH/VAH or PDL/VAH.
I am Not Sebi Registered, This is just for educational and research purposes. Do not trade without your Financial Advisor.
I won't be liable if you lose money because of this idea.
Tata Consumer's new rally about to beginThe stock is returning from a great support and witnessing a double bottom pattern with having a break out with huge moment and now it's ready to hit the set targets. First two will be easy to achieve, I suggest to trail a stop loss after hitting the second one.
Peace out :)
Love
Jerry
TATA CONSUMER HEAD AND SHOULDER PATTERNHello traders , here is the analysis for this stock let me know in the comment section below if you have any questions , the entry will be taken only if all rules of the strategies will be satisfied. wait for more price action to develop before taking any position . I suggest you keep this stock on your watchlist and see if the rules of your strategy are satisfied...
Keep trading ❤️
Hustle hard ✅
Simple Trade Setup | TATA CONSUMER | 26-04-2022 [INTRADAY]NSE:TATACONSUM
Observations:
1) On 1day time frame, it is near critical level of the range. If it gives breakdown then we can see a good downfall and if it takes support from it then the bounce up will be good.
Please refer below chart : 1day time frame.
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Trade Setup for 26-04-2022
1) Don't Jump in to trade at the beginning of the market. Let it get settle for 15-20min first and judge the price action.
2) Everything is mentioned on the chart. I hope it is easy to understand.
3) All the levels will work as support, resistance, entry and exit w.r.t price action near that level.
4) Avoid gap up or gap down chase. Wait and trade between levels.
Please refer below chart for levels.
Hope I made it easy to understand it.
Do comment your doubt or suggestion.
Note: Trade with Strict SL. It may or may not hit all the levels. So one can book profit / loss at respective level considering how price action works near that level.
TATACONSUMER Long Triangle breakoutTata consumer is a buy in the range of 740-748. Reasons to buy :
1. 38% Fibonacci level retracement
2. Ascending triangle formation.
3. Already gave a breakout of a big trend and retesting now.
4. RSI is also above 50 which gives us a clear uptrend confirmation.
Buy between range of 740 to 748-50 , if you want confirmation wait for the trend line breakout and maintain then SL at any cost!!! NSE:TATACONSUM