Wait for the breakout to happen. Enter and catch the move. TATACONSUM gave investors a 150% return. Traders could catch atleast some movement of it. Beware : Please keep in mind and stay away from False Breakout Traps. Also this is not any recommendation, it is only for educational purpose. Trade at your own risk.
Long if it breaks the high of the previous day with a stop loss at the previous day's low. Short if it breaks the low of the previous day with a stop loss at the previous day's high. In case of gap up above the previous day's high or gap down below the previous day's low, please avoid buying it or selling it respectively. Follow the ending of the candle formed...
Price breaks the long time resistance and retests the level to break out big. Almost 100 points movement in no time, this is the beauty of breakouts.
#tataconsum what to say abt this chart.1 side up
Tata consumer chart analysis for Intraday as well as swing trade
Tata Consumer Products Ltd. The stock price produce breakout and maintain trading above 438 resistance. Technical parameters looks strong more higher side above intraday present high 449 may extend bullish sense further more on the higher side.
Consider this as a good long term opportunity. But one may look for swing opportunities too by catching the right price action. Stock is in a strong uptrend making higher highs and higher lows and trading at all time highs. It has given a good volume breakout on daily chart and the bullish trend seems to continue. It may retest the breakout level and then continue...
HARMONIC PATTERN : EXTREME SHARK REVERSAL ZONES: 453 - 457 TARGET:446,436 NOTE: THIS CHART IS FOR EDUCATIONAL PURPOSE ONLY
Price is at all time high. Doji at 432 level, if breaks this, can look for buy till first resistance level of 438. If it doesn't retests there, then can look up to 451 and 470.
Continuation pattern (Ascending Triangle Pattern) shaping up in TATA CONSUMER PRODUCT. Waiting for breakout & confirmation of the pattern!!! Levels mentioned on chart. Trade Plan: Entry-– 416.45 Target 1 – 430.15 Target 2 – 437.75 Target 3 - 443.40 Strict stop below - 398.75 Views are for ‘’EDUCATIONAL PURPOSE ONLY’’ trade at your own risk. "Always Respect...
DISCLAIMER { Educational Purpose } All investments involve risk. Please Do your analysis before initiating any trade GOOD LUCK !
After taking support near 400-404 support zone stock starts create new Higher high high lows. Might be face some rejection issue near resistance zone 414-417/8 after that or near by there stock get good movement. invalid for buy if breaks support trendline. hope we can a good movement tomorrow.
Update on Watchlist 24/07/2020 : Buy Trade Triggered 8 Points Gain @Finroot
Monthly Log Chart Trendline Resistance and RSI divergence
Tata consumer showed us how we should analyze the chart with price action theory! I shared all the best possible entries! Now analyze your own Did you ever look at the chart like this?