TATA CONSUMER PRODUCTS UPDATED CHART
Price formed a red candle on day chart & there's a chance of price fall and i've explained scenarios in link posted so 978 below we will see a fall till 970-964 tgt level
for buying either price should fall & take support near 958-960 then cross 970.55 then we can buy for 980-985.25 tgt or price opening gap up & straight going up for 1012-1015tgt level.
if price flat opens or a small gap down opens then goes down straight & 1st 15min candle forms red then we can mark 1st candle high as stop loss for sell trade for 8-12 points tgt.
Note:- This analysis is valid till 8/11/2024 only as price moves the updates will be posted,
Disclaimer:- I'm not a Sebi registered analyst and analysis posted here is just my view and observation so before taking any trade/position pls consult with your financial advisor.
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