TATA CONSUMERbreakout of trendline in downside can go more down from here I am going to short this stock with a small stoploss
TATACONSUM trade ideas
Look what the chart says.NSE:TATACONSUM [/symbol
Selling is better option seen in the chart we can see this stock to fall up to 270 levels in this market crash which most of people expecting.
hold it with tight stop loss.
Tata Consumer can go long as well after the breakout of the pattern, even though this a bearish continuation pattern but here the pattern is not made in bearish trend so can also go long and as well as short .can trade either side of the breakout and target 1:3 risk reward. i am not a SEBI register this is just for analysis and i am not responsible for any loss or profit you made.
TATACONSUMNSE:TATACONSUM
WAIT FOR THE CLOSE ABOVE CHANNEL
Note :
1.One Can Go long with a Strict SL below the Trendline or Swing Low of Daily Candle.
2. Close, should be good and Clean.
3. R:R ratio should be 1 :2 minimum
4. Plan as per your RISK appetite
Disclaimer : You are responsible for your Profits and loss, Shared for Educational purpose!
Tata consumer product: breakout soonTata consumer product is on the verge of completing cup and handle formation. Keep it on your radar!!
#TataConsumer
TATA CONSUMER GOOD TARGETSTata Consumer has come out from a zone with very good volumes, from CMP entry can be taken for good targets.
TATA CONSUMER ANALYSIS!!the red line, will be soon breached, if markets be in a bullish nature, or will be breached after being volatile for some time and then move upside.
blue lines are the levels.
the green line is a great support, which stock being volatile, then will not breach this green support, and volume might be seen to be increasing.
and the dark black line is the actually trend what the stock should follow.
the stock is trading near its MA(50,100), so there is a moving which is yet to come.
tata consumer is been diversifying its products, and has been establishing its consumer value in the market. great company, and FMCG sector is also being great enough. its a bit discounted, and TATA CONSUMER will be a part it when nifty fmcg indice will give its impulsive move.
(check below the analysis of HUL company).
tataconsumerTataconsumer broke out of triangle pattern on an hourly chart with very good volumes.
Could be bought with mentioned stoploss & targets.
TATACONSUMER AT SUPPORTYesterday, we saw a Price breakout in Tata Consumer Ltd.
A breakout occurs with a Big Bull candle having good volume.
Currently, there is a pullback to the same levels.
The same levels , would now act as immediate support
Sustaining these levels, stock might test 800 - 810 levels in the coming trading sessions
Pullback trade
Long Trade
Swing Trade
Support @ 774-776
CMP : 778
TATACONSUMER Conditional up side viewNSE:TATACONSUM is trading in a channel.
My view to to take entry if price reach at the level of 760, then hold till target of 790 & 812
Will put stop loss of only 15 Points which is 745.
Note: This is my personal analysis, only for learning.
Thanks.
RETEST - TATACONSUMER📊 TATACONSUM
📈 TATA CONSUMER is facing resistance around 825 level.
📈 MACD may give Cross-down in few trading days.
📈 RSI is facing hurdle around 72 and started moving downwards.
📈 right now RSI is around 58.
📉 One can Short it.
🟢 Target 🎯🏆 - 745
⚠️ Stoploss ☠️🚫 - 812
⚠️ Important: Always maintain your Risk & Reward Ratio.
✅Like and follow to never miss a new idea!✅
Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes.
tata consumer tata consumer 1 day chart looks like this so may we get some idea to take trade in this stock
short today its level 763.15 if any time it goes down below 740 then downfalll begin 1st target is 654 and 2nd target is 590
TATACONSUMER sell for intraday tradingTATACONSUMER sell for intraday trading if stock break the given support level.............
TATACONSUM is forming triangle patternNSE:TATACONSUM large cap stock is forming triangle pattern.
This fundamentally and financially strong stock is trading 15% below its all time high, and at the support of the triangle pattern.
Hence it seems like a good opportunity to accumulate.
Key note : Always follow proper risk management to avoid losing capital from false breakouts as this is common.
Caution : This is a knowledge sharing analysis, not a call.
Profits are not made from following ideas, but by following Risk Management .
TATA CONSUMER TATA CONSUMER - Breakdown
There seems to be absolutely no volume at profile support here. Moreover, it also broke 200 ema.
One can short with a SL of 780.
Bears slightly on bull's horn!If current week candle breaks 804 price and closes above,
Expect the price to be on 888-891 strong side by November.
#Tataconsumer cash : Looks good around 805-815#Tataconsumer cash -Positional call
18.09.2022
Sell on rise at 805-815
Stoploss 840
Target 766/732
Cmp 795.20
TATACONSUMER Buy for intraday tradingTATACONSUMER Buy for intraday trading if stock break the given resistance level..........
Tata Consumer Product Ltd . The beauty of Trend & PatternsThe idea here is about :Tata Consumer Product Ltd.
I thought of publishing this to show the beauty of how the trend is interconnected with harmonic, wave patterns & market sentiments.
Below are the points taken from the chart:
1. On 15th September 2021 downtrend channel begins & till 16th November 2021 chart completes double top & Bearish ABCDE pattern.
2. From 16th November 2021 till 20th December 2021 price sees a downtrend breaking the previous support zone.
3. From 20th December 2021 till 14th January 2022 price retraces but gets rejected from the previous support zone which is now become a resistance zone.
4. From 14th January 2022 till 7th March 2022 price continues in the downtrend direction forming a falling wedge pattern.
5. From 7th March 2022 till 2nd May 2022 price moves in the opposite direction of the downtrend and breaks the downtrend channel. I see it as over brought zone. Price couldn’t keep the upward momentum & again gets back in the downtrend channel from 4th May 2022 till 26th May 2022 and tests the newly formed support zone.
6. From 26th May 2022 to 7th July 2022 price tries to break the downtrend and forms a ascending triangle, price breaks the downtrend successfully on 8th July 2022. This is a clean break out of the downtrend channel.
7. 8th till 14th July 2022 price retests the downtrend and confirms a upward momentum.
8. From 12th July 2022 till 12th August 2022 price completes shark pattern.
9. Shark Pattern: The shark candlestick pattern is a new harmonic chart pattern discovered in 2011 by Scott Carney that indicates a trend reversal possibility.
Entry, stop loss & Exit targets are provided for understanding the shark pattern on the chart.
As traders we cannot foresee things clearly until certain points are established on chart. Therefore it is always better to have patience and wait for clear signals before we make our move in the market.
One should always swim along with the market instead of hopping on and off at the wrong time.
Disclaimer: “The above is an Educational idea only and not any kind of financial or investment advice. So please do your own DD (Due Diligence) before any kind of investment”.
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tata consumer all set for 5-6% movetata consumer all set for 5-6% move
Trendline breakout
tf 6-15 days
