TATACONSUM trade ideas
Tata Consumer Technical Analysis .Hello friends after a long time , I am Again Back with a New Idea, So Today we are going to Talk about Tata Consumer Ltd . As you Know its a FMCG Company . So on 1 Day Chart it is making a "Channel Pattern" and also making a Bearish Engulfing Pattern which gives you a idea that it can go Down . If i Talk About Targets , So Targets will be :- 530 Rs . So Now Lets Talk About Support and Resistances . So from Its Pivot Points .So its Support Is 590 Rs and 460 Rs if Rare Case Happens and it goes Down so they can become a Support Resistance is 700 Rs . Volume has no Volatility in any Side , Rsi is in Bearish mode and Price is also going Down , Earning Reports are also 66.86% Down and Bearish Engulfing Candle Stick Pattern Gives you a more idea that it can go Down . So From my Opinion it can go "Down" but its on the lower side of the Channel and so for it can go "Up" also. PIease Like because we are having a shortages of Likes .
If you have any Doubt Related to This Idea , This Stock or any other Stock . You can comment me Below . And If You Have any Advice For Me Just write it Down . And also write your opinion on this stock . Stay Safe . Thats all For Today . Bye Bye For Now . 👍
NSE:TATACONSUM
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Tata Consumer product shorting opportunityAs price breaks support level- 640, it looks bearish,
one can find short opportunity easily.
Do paper trade on Tradingview platform, at least 6 month.
Tata Consumer Products : Short term buyCan consider for a swing trade with a stop loss below the previous low and targeting the top of the ascending channel for a risk reward of about 2.6.
Go Long on Tata Consumer ProductsA very good channel pattern observed on Tata Consumer Products with a Bullish candle at the bottom of the channel.
tataconsumerwe can see on the chart its at the support zone, as per it we can long this for upper resistance line, looking good
TATA CONSUMER ANALYSIS#DESCENDING TRIANGLE FORMATION
#FOLLOW MONEY MANAGEMENT & RISK MANAGEMENT
#FOLLOW SHARE LIKE FOR DAILY ANALYSIS
Possible Breakout at 679TATACONSUM is the newest member of Nifty50.
It has formed a nice ascending triangle pattern and spending its time most towards the highs.
RSI is above 60 which shows a good buying strength.
Also one can expect good long-term gains as the stock is new in the index and the index-fund has no other option than making a huge buying here!
long position (buy)short term and long term call
stoploss 600
target 650,700,730
long term target 800,900,1000+++
Swing trade in TATA CONSUMER LTD.As FMCG sector performing well in falling market.
In Tata consumer ltd. made falling wedge pattern with prior uptrend.
It gave proper breakout and retracement in HOURLY TIMEFRAME.
Keep Watching
CMP 668
No indicator, Pure price action.
Thanking You
Disclaimer: This analysis and the information provided by trader (uploader) only for study purpose. Make sure before you going to trade do your own study and analysis. For any loss, uploader will not be responsible.
Tata Consumer BuyTata consumer stock looks like has given upside breakout.
Buy @ 671, SL @ 635, TP @ 720+
TATA Consumer.Retesting of TATA Consumer ATH. Keep an eye. It might be the start of new Trend. Wait for Confirmation.
Tata Consumer nearing a Bullish BreakoutTata Consumer is forming an ascending wedge pattern and is likely to breakout above 680. Looking good for a short term target of 740-750.
