Tata consumer-Bullish Swing- Right time to enter!!

Updated
snapshot TATACONSUM

22.08.2024
Buy-1202
Target-1246
Stop Loss-1157
Risk Reward- 1:1

1.Breakout- Inside bar breakout
2.Trend-Consolidation after uptrend
3.KeyLevel-Breakout at Resistance turned to support & parallel support also
4.Volume- Good above average volumes
5. EMA- 21 EMA Rejection & above 50 EMA
6. RSI-Bullish indication after consolidation
7. Fibonacci- Very good rejection at 0.382 Level
Trade active
Active
Trade active
Active trade. Stock gained momentum
FibonacciInside BarSupply and DemandSupport and Resistanceswingtradingtataconsumer

Disclaimer