tataconsumshort

pranav_nanavare

EXPLANATION : 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 . If you like this analysis give a Like // Follow for more updates , let me know in comments below :)

Muthu1501 Updated 

TATACONSUM 1. up trend chennel pattern breakout done 2. retracementent going up move coming day 3. expect target level

nandodeomkar

Good volumes confirm the breakout. Wait for retest for a good risk to reward.

Akashyadav92

All important resistance and support zones are clearly marked on the charts. And we can clearly observe in the charts that in TATACONSUM for the period of time 640-45 was acting as very strong support. As two red trendlines are seen along with market sentiments expecting this time to break below that thus giving us the short entry. So for safer side it's good to...