TATACONSUM trade ideas
TATACONSUM Going To Buy The DipTATACONSUM
Buy-770-771
Sl-750
Target-815 830 860
Will Wait Till Our Entry Price.
Tata Consumer Trend Reversal Swing TradeTata Consumer is a Tata Group Company share, havig good market share and good potential to grow as well.
Buy at 825
SL 795
Target 885
Duration 3 Months.
Tata Consumer - Break Out Possible Tomorrow There can be an easy move on either side of 15 to 20 points, more probability on the sell side as per trend
TATA CONSUMER LONGafter a long consolidation period in tata consumer again its ready for swing its take support and comes in bullish momentum for the upside level
Buy_Tata ConsumerTata Consumer has taken support from its 100 days moving average. RSI is in oversold position and now moving upward. MACD is about give a positive crossover.
Tata Consumer_Hoping for the Breakout on 15 mins chartThe stock has consolidated at current market price. Keep a close eye on this. It is ready to give very strong up ward move anytime soon.
What is your view on this?
TATACONSUM looks good for short term positional tradeBUY TATACONSUM above 853 with TGT of 880+ and short term SL of 830!
After significant FALL there has been a breakout in DAY period with good volume.
Tata consumer product analysis.After sharp fall in NIFTY FMCG, finally it show some support in previous two days.
Now,
We can go long in Tata consumer and the reason for that is :-
1.> Taking support from long and major trendline.
2.> Support from fib 0.6 zone{if we calculate from previous trendline support} also support from fib 0.5 {when calculating from the resent zone}.
3.> A good consolidation at trendline area.
Conclusion :- If price break -ve trendline with good volume, go for long.
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
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.
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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
