Swing TrendThis stock can be seen respect of the trend line and Parallel's channel .And Try to Take support on 50 Moving Average.it will expect up move very short period.
Buy 824-826
SL :807
Target1:848
TATACONSUM trade ideas
TATA Consumer Probable Setup in smaller TFTATA Consumer forming a flag pattern and everything self explainer in the chart
TATACONSUMER - Decisive cross above 830 will push higher TATACONSUMER - Looking good to accumulate. Decisively crossing 830 will push it further higher.
SELF EXPLANATORY SERIES : QUICK ANALYSIS ON TATACONSUM.In this self explanatory series I will be posting charts with pure technical analysis only without full length explanations , Traders can ask their doubts in comments section, Happy trading.
Disclaimer : This idea was to just give you an insight about my own view and personal observations. Please do your own research or consult an investment advisor before doing any investment or trading.
TATA CONSUMER SWING TRADE Tata consumer is looking good for twing trade at CMP this can give the higher return in upcoming weeks
Long swing trade analysis for TATACONSUM NSE:TATACONSUM
Analysis
The stock can be seen to respect the parallel channel pattern since March 2021
As per hiken ashi chart a strong green candle was formed today indicating a trend reversal.
50DMA is being tested now and could give an opportunity if broken
FMCG index had shown a reversal similar to the one for this stock
Target
Could aim the previous high as the target for the trade or the parallel channel could also be aimed for target.
Stop Loss
Previous high level has acted as a support for the last three days. That can be considered as stop loss which is also the bottom line of the parallel channel.
Risks and Reward Analysis
The trade shows a risk reward ratio of 2.2 which seems pretty good.
This is not a trading advice. The analysis is for educational purposes only. I am not a SEBI Registered Advisory and should not be held responsible for any financial losses incurred in trades. Use this information for educational purposes only. Stock market investments are subject to market risks so kindly do your own research before investing or trading.
Long on Tata Consumer, SWING/PositionalThe trendline which used to act as resistance is being converted as support and tested multiple times. Will the trade take support at support line to hit previous high's and beyond. Not sure, but yes a long on Nifty50 scrip seems logical from a long term point of view as the scrip trading well below 50sma. Please perform your own analysis for SL and Profits. Always remember, you are responsible for the trades you take or consult an advisor.
Drop a like if you agree with the analysis :)
Tata Consumer - BullishPure price action at its play
Looking as of end of short term downtrend
Good till it holds 790
Tata consumer buy on intraday cup and handlecup and handle brk out in tata con
best for intraday\
buy when market opens
Tata ConsumerDisclaimer: This is for demonstration and educational purposes only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before making any trade.
TATA Consumer Products LtdBullish flag pattern in TATA Consumer Products Ltd. wait for the breakout..
TATA Consumer 1 Week swing 40rs targetTATA Consumer has sold aggressively with in one Week it reach 840rs, swing 40rs target 840rs++
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 .
If you like this analysis give a Like // Follow for more updates , let me know in comments below :)
tata consumer looks goodlooks good: This looks promising that it looks to make inverted cup and handle
Tata Consumer - Going Down !While it was running, I thought why?? Why is it running so bad?
Then I realized, it’s just a pattern to chaos theory.
See its very simple. Everyone will learn right now on where to invest in inflation, simple answer will be consumer stocks / Utilities. So, more retail buys tata consumer, more selling will come, until this hits June 2021 levels. When actual inflation will hit the economy, then retail will exit. funny these guys are.
So, a proper inverted round cup. Should come down quite significantly. I am guessing by November end / December, this should be back in action. Until then, I will stay away from it / Short it
This is just a chart pattern discussion. Please trade your hard-earned money on advice of a registered stock market expert. I am a newbie trader :)
TAT CONSUMER 1D TFTata consumer currently going down. Watch out for the fib levels from which it can bounce back.
CMP :- 836
Good time to enter this stock :- 810 - 826 (Between 50% and 61.8% fib level)
SL :- Below 800 DCB (Day closing basis)
Target :- 890+
