#TATACONSUM DAILY CHART VIEW!!#TATACONSUM DAILY CHART VIEW!!
Tata Consumer Products Ltd. has formed a flag correction with declining volume.
If the stock trades above 518-525 zone, it may move towards recent high of 590s or above.
TATACONSUM trade ideas
Weekly levels (5 to 9 october 2020) - TATACONSUMweekly levels for 5 to 9 october 2020. Short bias because no bullish volume seen.
TATA CONSUMER 600 ????I SEE INVERted head and shoulders formation After long bearish trends, the price falls to a trough and subsequently rises to form a peak. ... The price falls for a third time, but only to the level of the first trough, before rising once more and reversing the trend
STOPLOSS - 502.50
TARGET IN NEATR TERM 540-550
TATACONSUMmarket falling but this stock giving divergence with strong volumes. can be accumulated with swing los as stop
Tata Consumer ! My question is - Is it a classic Retest and Rebound ? Can we expect the price to go down because if it goes down , it may see 465 or even 450 levels ! Am I correct ?
TATA CONSUMER:- SHORT TRADE SETUPHEAD & SHOULDER pattern shaped up in Tata Consumer.
Bearish movement may remain intact.
Levels mentioned on chart.
Plan your trade accordingly.
Views are for ‘’EDUCATIONAL PURPOSE ONLY’’,trade at your own risk.
"Trade what you see, Not what You Think"
Happy Trading(:)
Tata consumer Clearly a head and solder pattern is visible on chart in 1 hour time frame and downside trend may be continue , trade carefully as per your own analysis
Tata Consumer : Swing trade opportunity Observations, important levels posted on Chart.
Cross above 592 will give a breakout above INSIDE BAR (Daily) ; which will reconfirm our trade.
TataConsumer -Rocket !! Book Profit and wait for dip to EnterTata Consumer made a superb move, almost 3 times from the low of March. Time to book Profit and wait for dip to enter!!
TATACONSUM Daily Chart View#TATACONSUM daily chart view
Tata Consumer Products Ltd. charting a territory of its own irrespective of the overall market.
Stock remains strongly bullish above 555.
RSI in the overbought zone.
maintaining above 555 stock can eventually move towards Fibonacci extension levels 650-708.
On Downside 555, 530 important supports.
TATACONSUM (Long Positional)TATACONSUM (Long Positional)
Buy around 575. 5 points stoploss. (Risk Involved as Market is on downside)
Note: Stoploss is on closing basis
TATA CONSUMER Trade SetupThis Analysis Is Done Only For Educational & Intelligence Purpose, Invest Or Trade At your Own Risk & Will.
