Tata Consumer Products’ (TCPL) Rs 1,000 crore offer to buy Coffee Day Enterprises’ (CDEL) coffee vending machines has hit another roadblock—the valuation of the business hasn’t gone down well with the promoters, according to sources privy to the development.
Tata group, they say, has offered to buy the vending machines for only half of what CDEL is seeking. The...
CCD IS GETTING RELISTED ON 26TH APR 2021. IT WILL OPEN LIKE AN IPO OPENING, FINDING PRICE DISCOVERY AND PRICE EQUILIBRIUM TO OPEN THE MARKET PRICE AT 9.45 AM. THE TRADING WILL OPEN AT 10.00 AM. PLEASE FIND DIFFERENT LEVELS FOR UPWARD MOVES AND GAP UPS, ASSUMING THAT IT WILL OPEN ABOVE LAST PRICE TRADED ON AUG 2020.
A simple chart for educational purpose. choppy water ahead till it crosses 33.80, but momentum is getting built and no turning back for this for a while.
LEVELS MENTIONED IN THE CHART.
Disclaimer:
It is very important to do your own analysis before making any investment based on the chart mentioned here.
Trade wisely!
On the way to spring formation
Disclaimer.. not invested, interested after looking at the chart
Might plan to invest at the spring, if satisfied with the fundamentals
Not an investing/trading recommendation
