📅 Date: January 30, 2025
📊 Timeframe: Daily Chart
📌 Market Snapshot
- Change: +57.95 points (+5.99%)
- Volume: 5.03M (Above 20-day avg: 1.95M)
- Momentum Indicators: RSI breakout
- Candle Pattern: Strong Bullish Candle (forming)
⚡ Levels to Watch
🔴 Resistance Levels (Above Current Price)
🚀 1,047.93 – Immediate resistance
🚀 1,071.22 – Next resistance zone
🚀 1,111.23 – Major resistance
🟢 Support Levels (Below Current Price)
🔻 984.63 – Short-term support
🔻 944.62 – Key support zone
🔻 921.33 – Strong base
🚀 Conclusion
Tata Consumer is showing strong bullish momentum, with a breakout in RSI and a developing strong bullish candle. The significant volume increase suggests strong participation, supporting the possibility of further upward movement. Price action near resistance levels should be watched closely, with key support zones below.
Could Tata Consumer continue its upward momentum and break through resistance levels, or will it face a pullback to test key support zones?
📊 Timeframe: Daily Chart
📌 Market Snapshot
- Change: +57.95 points (+5.99%)
- Volume: 5.03M (Above 20-day avg: 1.95M)
- Momentum Indicators: RSI breakout
- Candle Pattern: Strong Bullish Candle (forming)
⚡ Levels to Watch
🔴 Resistance Levels (Above Current Price)
🚀 1,047.93 – Immediate resistance
🚀 1,071.22 – Next resistance zone
🚀 1,111.23 – Major resistance
🟢 Support Levels (Below Current Price)
🔻 984.63 – Short-term support
🔻 944.62 – Key support zone
🔻 921.33 – Strong base
🚀 Conclusion
Tata Consumer is showing strong bullish momentum, with a breakout in RSI and a developing strong bullish candle. The significant volume increase suggests strong participation, supporting the possibility of further upward movement. Price action near resistance levels should be watched closely, with key support zones below.
Could Tata Consumer continue its upward momentum and break through resistance levels, or will it face a pullback to test key support zones?
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.