TATACONSUM trade ideas
Go LongTata Consumer make rising wedge pattern and stock is in resistance point in 1day charts
in 15 min charts also is in support point
if it's open high then go long
strictly stop loss, it's below previous day closing price 394
#tata consumer buy above 404 target when comes 404 closing#tata consumer buy above 404 target when comes 404 closing
TATACONSUM Go Long after it breaks out @400 with stop loss as 340. Ideal entry should have been at 276 as per Relative Strength bullish divergence or a safe entry at @ 330-350 according to Fibonacci retracement.
TATA CONSUMER Trading SetupDisclaimer: All charts are purely for educational and information purpose only. Invest or Trade at your own risk.
SIMPLY AWESOMEtataconsume is approaching its high
could be a good buy if it breaks its high
now a small buy coming
buy above 392.20
for a target of 400,404
SL at 385
tata consumer look lies head& shoulder on 4 hour chart also for spining top candle on daily chart so i think its ell idea cmp 371 now wait for trgt & sl....
TATACONSUM, ENOUGH HOPPING ON TREND LINE, READY TO BREAK?TATACONSUM has been taking continuous support on trend line which makes it weak and probable to break. 374 is good level if breached for shorting.
We follow simple price action process to trade short with high probability. Price action is trading process and it does not need any indicator and works well. All that is required to master this skill is knowledge of some simple rules and willingness to practice.
Request your support as always by your like/comment.
Thanks
Piyush Gupta
[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.
Tata ConsumerStock has been in an upside channel from last 2 months and managed to close above a strong resistance zone of 375 with volumes. risky players can add here. safe players can wait till the close above 384 for upside of 392 404 and 415
stop loss will be 370.
TATA CONSUMER PRODUCTS Analysis Disclaimer: All charts are purely for educational and information purpose only. Invest or Trade at your own risk.
TATACONSUM - Breakout given, Wait for confirmation!!Tata Consumer Products Ltd.
The stock price is showing a bullish sentiment ahead of 381 resistance breakout.
Technical parameters look strong.
***TRADINGEDGE TIME-TREND INDICATOR IS BULLISH***
***TE BANDS ARE IN GREEN ZONE***
If the next candle shows conviction and breaks the high (383.5), the prices will swiftly move up.
Above resistance level (381), the next Supply zone is 397-405. On the downside, the support is the bottom of the Demand Zone (365).
KEEP AN EYE!!
#tradingedge_academy #SMTA_institute
***This is my personal view. Please take advice from your financial advisor before investing.
Intraday Trade - Tata Consumer - LongTata consumer Product - Intraday Call.
Go Long - 371.50
Target - 380
SL - 366
Disclaimer - Kindly do your own analysis before executing the trade
