Tata ConsumerTata Consumer should come down according to the analysis and take support at demand zone.
we can see upside movement if break the nearest resistance.
let's see.
TATACONSUM trade ideas
Tata Consumer - ReversalAs advised yesterday 474 was a potential Fib reversal point for Tata consumer. It has given a Doji exactly at that level. It looks good for reversal from here if it opens in green above Doji high
#TATACONSUM CASH : LOOKS GOOD ABOVE 480.10#TATACONSUM CASH
12.10.2020
LOOKS GOOD ABOVE 480.10
STOPLOSS 470
TARGET 492/508
CMP 474
[Buddha] TATACONSUM Inside Bar TradeLong if it breaks the high of the previous day with a stop loss at the previous day's low.
Short if it breaks the low of the previous day with a stop loss at the previous day's high.
In case of gap up above the previous day's high or gap down below the previous day's low, please avoid buying it or selling it respectively. Follow the ending of the candle formed in first 5 minutes and follow ORB strategy.
#Oct13 - TATACONSUM (intraday)The stock has been trapped in a channel for a while now, So we can expect a breakout or breakdown in the coming days. Last week, it broke down from a very important support of 500, And now it again is a range.
Buy above 482
Sell below 470
Note:
Avoid the stock if a big gap up or gap down is seen
Enter after the breakout happens and not before it
Do not chase the market, i.e., do not get involved in late entries
Only enter with strict stop-loss and target
This is not a recommendation and is for educational purposes only.
always follow risk-reward and quantity management for the 100% of the times
The above mentioned idea may not work, so beware of the risk you are taking
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Happy Trading!!
Tata Consumer | Buy on dipsTata Global Beverages and its subsidiaries (together referred to as the group) and the group’s associates and joint ventures are engaged in the trading, production and distribution of Tea, Coffee and Water. The group has branded beverage business operations mainly in India, Europe, US, Canada and Australia, plantation business in India and extraction business in India and the US.
The stock has declared EPS of Rs 3.55 during Q1FY21 as against full year EPS of Rs 4.99 which is ~71% of full year EPS. Considering the Covid lockdown the performance during Q1FY21 was good. The stock has fallen about 20% from all time high of 580 and the stock is near 100 MA which could act as potential entry point. The sharp fall has plotted doubt in minds of bulls but we feel that 450 to 460 levels could be good accumulation zone. Q2FY21 results holds the key.
TATA ConsumerThe levels are as mentioned. On shorter timeframes buying levels came to around 473. But the stock seems to be in very bearish condition. Hoping for reversal. The fall from recent high is steep. Shall reverse around these levels. If comes to around 452-460 bindass add. closing basis sl shall be 445. Target 578.
For someone not ready to risk, buy above 478 for same targets.
Can retest 400 which is the 200 DmATata Consumers can retest 200 DMA after a tremendous up move it had.
#TATACONSUM DAILY CHART VIEW!!#TATACONSUM DAILY CHART VIEW!!
Tata Consumer Products Ltd. has formed a flag correction with declining volume.
If the stock trades above 518-525 zone, it may move towards recent high of 590s or above.
Weekly levels (5 to 9 october 2020) - TATACONSUMweekly levels for 5 to 9 october 2020. Short bias because no bullish volume seen.
TATA CONSUMER 600 ????I SEE INVERted head and shoulders formation After long bearish trends, the price falls to a trough and subsequently rises to form a peak. ... The price falls for a third time, but only to the level of the first trough, before rising once more and reversing the trend
STOPLOSS - 502.50
TARGET IN NEATR TERM 540-550
TATACONSUMmarket falling but this stock giving divergence with strong volumes. can be accumulated with swing los as stop
Tata Consumer ! My question is - Is it a classic Retest and Rebound ? Can we expect the price to go down because if it goes down , it may see 465 or even 450 levels ! Am I correct ?
