dec last tradesthe short time trend has alligned with the long term trend
any close above 595 would rake in a decent 10 percent profit in the current month.
be on the lookout
TATACONSUM trade ideas
TATA CONSUMER - Rounding Bottom (Consolidation in Uptrend)Price has formed rounding bottom and can give a breakout above 592 and enter into uncharted territory, price has also been taking support of 9 day EMA since November, currently also price has bounced from the same EMA.
Pattern Target is 130 points post Breakout
VIEWS FOR LEARNING PURPOSE ONLY
Monthly channel break out Tata global gave a monthly channel break out and after breakout tested its breakout level and is moving toward making a new lifetime high one can buy into the stock for a long term for handsome return
TATA Cons. Products: Time watch for short term: IndiaTATA Cons. Products: Time watch for the short term: India
A Profit & Solutions Strategy
Tataconsumer looks good for swing trade.NSE:TATACONSUM
TATACONSUMER on Daily chart tested a trendline and moving up again.
Counter is looking good for swing trade, as far as targets are concern we can follow Fib extensions.
I will prefer to keep my Stop Loss below 455 which is below last major swing low.
There is not much to tell here with setup as I prefer to keep it as simple as possible so every one can understand it.
Tata consumers weekly time frame bullish. looks bullish for short term for (3 to 4 days ). others view is welcome....
Tata Consumer - Intraday Trade SetupTata Consumer CMP - 489.50
Looking bullish in shorter time frame. One can go for Intraday trade setup with the following entry, exit & targets
Buy at or above 490 - 491 / Stop Loss 483
Target 1 - 495
Target 2 - 500
Target 3 – 505
Disclaimer: This is my view and for educational purpose only.
Bulls back#NSE #Tips : I may say 450 to 475 is the good level for buying for the targets of 495/510 levels in the short term.
Holding for Long term, the target towards 600+++
*Disclaimer : I just shared my view. Please analyze and proceed with your comfortable views.
Tata consumer looks bearish nowTata consumer is near to its monthly supprt level, from there if it falls then 455 also can come soon
Sell it below 466 for a tgt of 455 today
Tata Consumer Products Buying LevelsThe stock is hovering around 0.382 Fibonacci level at 474 which was a potential buy zone. If it reverses from this level it is a good buying opportunity.
However If it continue to break below below 474, 447 fibonacci level should be the next good buying level.
