Coffee day is looking decent for a good upside. Its already seeing good volumes.A perfect long candidate with sl of 48 for 75+ targets. One should add on all dips. Management reducing debt in balance sheet is also big positive.
Tcs on hourly chart playing between support & Resistance and can retest the low of 1620 levels. It is getting rejected multiple times at 1850 levels. Volumes are also comparable at downside than upside.Confirmation can be break below 1690 levels till then it can consolidate between 1690-1720 .If it breaks 1690 with volumes then it is heading for 1620.
Nifty closed at very important support resistance where it has fallen down multiple times. Closing above this can take it to 11090 odd levels and for bullish trend to start it has to close above 11400 , while short term support and demand zone comes below 11750 & around 11666.
Any other views welcome...
