TATA CONSUMER LTD.TATA CONSUMER LTD.
DATE - AUG 06, 2021.
1. Neat clean and clear breakout on daily charts.
2. Stock breaks the previous resistences.
3. Stock succesfully close above previous high.
4. Average traded and delivered Qty.
TATACONSUM trade ideas
TATA CONSUMER at breakout, W PatternNSE:TATACONSUM
TATA CONSUMER looks double bottom and W pattern.
If it sustain above 782-785 then we can see good move
TataConsumer Products - Uptrend continuationTATA CONSUMER products is in consolidation and forming a horn pattern.
The current price action is suggesting a positive bias . i am expect a upmove after a brief pause at supports. Incase this happens it could be a good RRR trade
Tata Consumer - Ascending Triangle PossibilityTata Consumer : Little Risky
Ascending Triangle Breakout Possibility
Long above 773.5 with SL 765
Tataconsumer 768 #Ghc3BarDecider Tataconsumer 768 #Ghc3BarDecider
Its consolidating in narrow range but one can expect big move in cming days
Tata Consumer: Target 800!!I had created the Monthly, Weekly, and Daily Support. The stock is at the Daily & Monthly Support; so it acts as a good resistance but this stock has an of Foreign investors so it may result in a panic sell-off due to US news.
Quantity Traded:21,54,261
Deliverable Quantity (gross across client level):5,91,340
% of Deliverable Quantity to Traded Quantity:27.45 %
Holding Ratio: Deliverable Quantity (gross across client level)/Quantity Traded
: 5,91,340/21,54,261 = 0.27449784404
Options Rs46,600 profit today, levels shared in my channelNSE:TATACONSUM
NSE:CHOLAFIN
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Every day morning I used to share the option calls in my channel.
From august onwards, I will continue posting charts in my new id: "marketorder09" only.
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ATB Riches !!
Wait for the breakoutA very nice accumulation of price.
Price is consolidating in the range marked on the chart above.
Personally, we will enter a buy swing trade if the breakout is an upside.
But for intraday, there is a good sell opportunity on the break of the counter trendline
Long : Double top formation in Tata ConsumerEnter after the confirmation of Breakout above 772.
This is not a recommendation. Educational purpose only.
GreatIt's a very good buy opportunity on this stock.
Reasons for buy-
1. Break and Retest of the broken range complete.
2. Overall uptrend.
Target made with Fib Extension
TATACONSUM | VERY BULLISH | UPTRENDTata Consumers to be performing Bullish towards the upcoming FY.
Going to be Uptrending for next 4 months.
Target 1 : 927.25 |16 Aug 2021
Target 2 : 1168.75 | 11 Oct 2021
Disclaimer : This is a basic analysis done for educational purpose only. Please trade at your own risk.
Any Feedbacks are nearly welcomed.
A nice Intraday/Swing buyWe can open a buy trade after the retest of the broken trend line.
Reasons to buy -
1. Break of the counter trendline.
2. Bounce from support trendline.
3. As we are tranding in a range so we can also see the share bounced from the support of the range.
Tata consumer 22.06.2021understanding trades through support and resistance ,
trade will remain void if its opens big gap up or gap down.
📊 Tataconsumer Product Limited 🎯 at resistant NSE:TATACONSUM
Tata consumer stock is at bearish harmonic PRZ. In simple language the stock is at resistant.
as per this harmonic pattern stop loss is quite big as mentioned on chart.
CMP= 739.80
Reversal Zone = 741.80 to 772 ( if one can find reversal in this zone they can short this stock as per their trade setup.)
Stop loss = 772 Closing Basis ( if you wanna trade on as per harmonic patterns then you must know what is reversal as harmonic is all about reversal trading. and you have to
follow stop loss one you enter as per your trade set up.)
If you know how to trail stop loss then most of the time you will get swing trades on harmonic reversal ( both side long and short).
******whatever charts or levels sharing here are just for educational purpose only not a recommendation. please do your own analysis before taking any trade on them. we are not SEBI registered.
