TataConsumer AnalysisTata Consumer Product
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Price Decline & Volume increase both supporting each other on Daily & Weekly.
We can see channel breaks as well.
If the price goes down further 781 then we can short.
Tataconsumershort
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.
TATACONSUM Going To Buy The DipTATACONSUM
Buy-770-771
Sl-750
Target-815 830 860
Will Wait Till Our Entry Price.
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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TATACONSUM Bullish Trend Alert TATACONSUM
1. up trend chennel pattern breakout done
2. retracementent going up move coming day
3. expect target level
Tata consumer 22.06.2021understanding trades through support and resistance ,
trade will remain void if its opens big gap up or gap down.
Exit your longs in Tata Consumer ProductsHey Guys,
Exit your Longs in TATA Consumers as there might be some profit booking from tomorrow or upcoming sessions which can drag it to 650 levels then we can make our fresh long positions
Follow for more and stay tuned
