TATACONSUM trade ideas
my way of techincal analysis @ tata consumers tataconsumers will visit 700 marks soon as per my way of analysis..
TATA CONSUMER PRODUCTS Tata consumer products
15 mins chart shows a breakout as per my analysis #tata #tataconsumer
Tata Consumer: Elliot waves Target (Monthly Chart)TATA CONSUMER: MONTHLY CHART (Elliot waves targets)
It's in 4th corrective wave (in progression), it may complete around 600-700 level ( either 24% or 38% retracement of wave 3)
Targets for the 5th impulse wave would be 950,1300,1750 level, 62% of wave 1-3 retracement, 162% of wave 4, wave 5 equals to wave 1 respectively.
Bearish on short term, Long term trend bullish.
Roughly 12-18 months for the long term target
Sell below 703 SL 717 TGT 687 and 673Suggestions are based on my analysis only. Please do your analysis before taking any trade.
TATACONSUM important levels for long term investmentTATACONSUM important levels for long term investment
Disclaimer: All charts are purely for educational and information purpose only. Invest or Trade at your own risk.
Tata Consumer bearish channel breakdown and retraceTata Consumer has breakdown below from descending channel and retraces again, come down with high volume. now ready to do down.
Good idea to sell Future/sell CE / buy PE
This is just an analysis of 1 hr timeframe.
TATA CONSUMER good long candidateprice action and harmonic study indicated counter is at good demand zone
long can be initiated at cmp
TATA CONSUMER - We might consider it for long ?TATA CONSUMER - We might consider it for long ?
TATA CONSUMER - We might consider it for long ?
TATA CONSUMER - We might consider it for long ?
Long Candidate for Swing Trading Confluence of 200 EMA and Support Line of Parallel Downtrending Channel
Disclaimer: View for Education purpose, not for trading advice.
Tata consumerBuy Tata Consumer Support Area Stock More Analysis Follow Me And Like And Share And Comment
TATA Consumer looks strong…TATA Consumer looks strong…
Reasons/Traits :
• Today gave a break out from two day inside bars with a big green bar with very good volume
• Above 13 and 50 EMA
• Price touched 0.618 retracements levels
• RSI increasing
• Bearish Crab harmonic pattern formation is in place
What can happen next :
Scenario 1 : Price sustaining above 850/853 levels can take it to 865/870/915/940 levels
Scenario 2 : Price break down below 834 can take it down to 812/800/775/750 levels
Disclaimer : This analysis is only for educational purpose and not be considered as any trading idea/tip. Please consult your financial advisor before you take any trade and we are no way responsible for your profits/losses. Thank you!
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TATA CONSUMER Daily chart Analysis 08.12.2021TATA CONSUMER as per Daily chart pattern analysis was in monthly/weekly consolidation zone. Today it has broken the consolidation resistance level 772. Stock above 774 level target 785 is achievable
TATACONSUMERAs you can see Price is at trenline support
Add to wish list and keep an eye tomorrow if breakout happens
Tata Consumer : Long/Short Opporunities
Long : If at reversal candle from crucial support.
Entry : Rs 750 , Stop Loss Rs 726
Short : If crucial support broken
Entry : At retest level Rs 745 , Stop Loss Rs 775
Thanks
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TATACONSUM IN DAILY TIME FRAME SUPPLY ZONETATACONSUM price getting rejection from Daily time frame Supply Zone. Short trade looks good at CMP 838 with stop loss of 864 target 790 and 770
Falling Wedge in TATACONSUMMight give a short-term bearish move falling out of the wedge soon(within 2 weeks).
Hidden RSI Divergence in Tata ConsumerTata Consumer can be seen with a Bullish Divergence in RSI Indicator.
One can take a long trade when RSI moves above 60 on Daily Time Frame and closes above 253 with a SL below 240.
Target can be 300 or much higher.
