A bullish flag & pole Chart Pattern Breakout completed on the Daily Time frame of NSE:TATASTLLP
Price Action nees to be supported by volume.
The stock is currently in uptrend making higher highs and higher lows.
One can add this stock into their stocks to buy list and initiate the long trade as per the levels mentioned on the chart
Stop loss will be on a...
A Bullish flag and Pole breakout has been confirmed with very huge volume on the daily chart of Tata Communications.
Daily & Weekly RSI both are in bullish zone.
One can crete fresh position in Tata Communcations at 1610 or below with a stop loss of Rs. 1510 for a target of Rs, 1910.
The risk to reward ration is 1:3
Exit the position if the stop loss...
Too much Ups and dows, Too much Consolidations Done.
Stock made stoploss hunting at bottom, now trend is established.
Buy for targets mentioned in chart
📈 Key Details 📈
Tata Communication is a prominent member of the Tata group, a leading business conglomerate in India with a major presence in telecommunications.
The stock is currently trading at its all-time high levels, indicating strong bullish momentum.
After a consolidation phase lasting over 40 days, the stock has broken out.
📈 Technical...
A Bullish flag and Pole breakout has been confirmed with very huge volume on the daily chart of NSE:TANLA .
Daily & Weekly RSI both are in bullish zone.
One can crete fresh position in NSE:TANLA at 1090 or below with a stop loss of Rs. 1028 for 1st target of Rs, 1172, 2nd Target of 1244 and 3rd Target of 1316
The risk to reward ration is 1:3
Exit the...
TATA CHemicals is consolidating heavily since DEC2022 and can move in a single direction any day
* BUY above 1000-1020 levels for a target of 1140 levels
*Stock is forming a structure of rounding top hence SELL below 950 levels , target of 870 levels
TATA STEEL looking good for a short term swing , a good inverted head and shoulders pattern is formed and stock has broken out of the resistance of 108 levels , if sustains above , stock can move towards targets of 113/115 , with SL of 107
Tata Motors has finally broken the previous supply zone of 460-475. With stock approaching all-time high levels looks very bullish. We can buy at the current price with SL@ 425. Possible targets are mentioned on the chart.
Tata motors is one of the fundamentally strong companies which is a leading global automobile manufacturer. It is a formidable player in the...
A TATA Group Company, INDIAN HOTEL is moving in Darvas Box. Swing traders keep this on radar because it looks like this stock is ready to break upper range of current Darvas Box and enter into a new one. Multifold increase in volume is clearly seen on the chart since last September. If it breaks upper range then it will be considered as volume accumulation. Add...
No Buy / No sale :::: ONLY VIEW ::::
Its pure knowledge sharing Idea based on my study of Indicators which i follows...
Tata Power :
Daily : Near 50 DMA
Weekly : 193 good support on weekly closing basis
Monthly : Inverted Hammer
Currently Stock have strong support of 213 on daily @ which it take support twice last week n reversed
To me Stock is in Range...
Stock made a base at 880 price. Today's momentum is showing good bullish sentiment suggesting further upside potential. Support is at 880 & stock can see resistance at 980. Setup will be invalidated if crosses below 870.
Tata Consumer Looking Bullish....
As we can see it is respecting its trend line and taking Support again again .....
Now wait For Breakout Above 884 and closin g ...
As We can see it is taking support from its 50 EMA and respecting trendline.......
If in upcoming days any Momentum Comes in FMCG secto r then ....Look for Trade in it....
Possitional Trade
Buy...
LONG TERM IDEA OF THE MONTH // Sunday April 4th 2021 // BSE:ARTSONEN
// This is a Long Term Investment Idea and not a swing trade call nor an intra-day trade. Please do not expect the stock to go up on the same day of posting or within a few weeks. Please follow the notes along with the posting before, during and after entering the trade //
CMP / LTP: 40.4
...
I am naïve to the chart pattern. This is my first post.
Many of Tata groups' stocks including Tata Coffee are in Multiyear breakout. If you see Weekly chart it's already breached out W pattern and now approaching towards the multiyear resistance of 172-175.
SL can be 138 and Target can be 173.
- Great breakout after a consolidation with Huge volumes
- Past Candles showing Buying pressure
- A good entry can be 970 with a stoploss of 860
- Great Volumes validating the buying pressure
- Breakout after a consolidation
