Tata Consumer Product RBTS
Tata consumer products has given a buy signal according to range bound trading strategy. The lower limit of the range is 1017 and the upper range is 1240. The stock has covered the range 2 times in the past. The company has posted good profit in the latest quarterly results and also showing excellent performance in the past few years. The range is of around 22% and the stochastic indicator also gives a buy signal. Considering it to be a Tata group stock it gives a safety factor to buy the stock for this trade.
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Please do your own analysis before investing.
Hope you learned something new from my ideas.
Do like, share and follow me. thank you
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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.