Tata consumer with pennant pattern good volume wait for breakout rsi in positive trand
Positional Swing Trade Analysis: Time Frame: Hourly Fibonacci Retracement: Price is above the golden ratio (61.8% level) at ₹1159.65. Indicates strong bullish momentum. RSI (Relative Strength Index): RSI at 65.60, approaching the overbought zone. Suggests potential upward pressure. Middle Band Support: Price holding support at the middle band (₹1159.60)....
As we can see stock gives a breakout with a heavy volume stock retrace till 850. it can go upward direction furthermore Month and Week TF triple bottom Day chart breakout and retracement completed educational purpose only!✨ Do your research before making any investment🥂
Price appears to be deliberately pushed down for catching stops and huge buying happening at support levels. Sector supporting too Call option can be positioned
Keep risk management in place. Safe traders can short tomorrow if flat opening.
Important Points: 1) Stock on high bull run 2) New acquistions on the way, company is expanding 3) Last bull run was 200% retrun... This time for 100%, it will reach till 1700+
--Breakout stock-- Retest completed --Buy --52 weeks high -- sustaining above 950 can give a big returns Disclaimer: - The view expressed here is my personal view - Any decision you take, you need to take responsibility for the same - It's your hard earned money. Treat it wisely - Trade / Invest keeping in mind your trading style, goals and objectives, time...
Tata Consumer continuously moving upwards, if it falls or short correction then support at 900.
Tata Consumer is showing cup and handle pattern. One on a larger time frame and other embedded in it. Look for breakout and we can see targets as marked. How to identify break-out, you can refer to my earlier suggestions where I have explained. "Clean Charts, Easy Charts" Learning & Earning!! Cheers!!!
📊 Details Tata Consumer Products Ltd. is one of the leading companies of the Tata Group, with presence in the food and beverages business in India and internationally. It is the second largest tea company globally and has significant market presence and leadership in many markets. In addition to South Asia (mainly India), it has presence in various other...
Tata consumer has been consolidating in a symmetrical triangle pattern since mid 2021. The stock has given breakout of the pattern and can be a good positional stock on the long side since FMCG sector is looking bullish The stock can be added on dips between 800-820 levels with a SL below 755 DCB. Minimum target in the stock is ATH levels of 889 above which the...
TATA CONSUMER PRODUCTS Elliott Wave view.... TATA CONSUMER Weekly & Daily range, we might see a bit of profit booking in the stock, the stock might come down till 1034, 954 levels, stock has a strong support @ 910
The merger of all businesses of Tata Coffee with Tata Consumer Products, was proposed as part of a reorganization plan Exciting Bullish Pattern Alert! 🐂 📊 Pattern: Broadening Pattern 📌 Symbol/Asset: TATACONSUM 🔍 Description: Breakout 👉 Disclosure: We are not SEBI registered analysts, this is not a buy or sell recommendation.
--Breakout stock--Volume was not as expected-so wait for Retest and big volume --add to watchlist --52 weeks high -- sustaining above 910 can give a big returns Disclaimer: - The view expressed here is my personal view - Any decision you take, you need to take responsibility for the same - It's your hard earned money. Treat it wisely - Trade / Invest keeping in...
TataConsumer is looking interesting here with R:R in favour of long side.............................
Stock is in a continuous uptrend Overall volume shows a bullish momentum Currently there is a breakout after a small consolidation Vol and atr shows a spike on breakout Thus there is a short term trade tgt 1004 ,sl 946
tata consumer give a long term break out on the charts bullish chart pennant pattern and also bullish trend keeping a long target at 1455 plus levels
Tata Consumer is breaking out of a big base in weekly charts, and volume spike can be observed today on daily charts as well.