TATA CONSUMER looking good for breakout . short below 352 target 345-342
NSE:TATACONSUM Good chance for go long in TATACONSUM
Breakout tomorrow, Intraday.
Short below 350 with SL around 384 and target of 300. Disclaimer : I am not a SEBI registered investment advisor. All views expressed are for educational purpose only. Kindly consult you financial advisor before trading or investment. I may or may not have position in the stocks described for trading or investment view.
Tata's FMCG company after merging with a part of Tata Chemicals. One of the lowest valued FMCG companies. Have a small pullback bias so sharing 2 trades for this setup. Short at CMP for target of 323. SL 362 If SL gets triggered buy above 365 for target of 400. Long term bullish, short term fancy a pullback Disc: I own this stock in my core cash portfolio.
FRESH LONGS AFTER CLOSING ABOVE 360 LEVELS ..... ODERWISE TATA TO TATA
It has reversed from a Bearish Harmonic Alt Shark in hourly time frame and done a min 38% retracement. There is a possibility of a trend line breakout ONLY if it manages to break "above 328" for 360 where it has a Bearish Harmonic Butterfly. Failure to cross would see continuation of retracement till 50-62%
Keep in watch list for Monday - Small SL - Below Trend line - Target - upper trend line Reenter once breakout on any side
Buy only above 334 levels for the targets 355 370 High risky can initiate sell also till it closes 334