tataconsumertataconsumer made inverted head n shoulder pattern on hourly charts with good volumes.
Could be bought with mentioned stoploss & targets.
#TATA CONSUMER#TATA CONSUMER trading 752 formed bullish patern,
yesterday trading our retracement level
and if it fail that level,
we can SELL below 748 and tgt for 720
positional tgt 658 and
follow SL 775 closing basis
1 Day breakout trend line near price after earnings.According to the earnings the net profit has risen 4 % in (QoQ) and 9 % growth on (YoY)
My idea is to buy near 790.50 to 785.05
with a stop loss of 779.90
For 1st Target of 817
2nd Target of 860 (with a trailing stop loss)
I think that there will be a bounce back from the 1 Day breakout tre
See all ideas
A representation of what an asset is worth today and what the market thinks it will be worth in the future.
Displays a symbol's price movements over previous years to identify recurring trends.
Frequently Asked Questions
The nearest expiration date for TATA CONSUMER PROD FUTURES is Dec 26, 2024.
Traders prefer to sell futures contracts when they've already made money on the investment, but still have plenty of time left before the expiration date. Thus, many consider it a good option to sell TATA CONSUMER PROD FUTURES before Dec 26, 2024.