In daily chart, price moved in uptrend channel, and formed ascending triangle pattern. It has been testing resistance 0.38 for quite a while now. Safer entry is to let price breakout 0.390 and ride all the way to 0.450 with support at 0.340. MACD gives a buy signal, with RSI shows a momentum growing.
EP 0.400
TP 0.415, 0.460
SL 0.340
Being a F&B sector laggard stock, it is very light weight stock (34% of 74M shares) compares to its sector competitor KHEESAN (69% of 114M shares). This could add some speed element during sectoral play.
TAYOR
EP 0.400
TP 0.415, 0.460
SL 0.340
Being a F&B sector laggard stock, it is very light weight stock (34% of 74M shares) compares to its sector competitor KHEESAN (69% of 114M shares). This could add some speed element during sectoral play.
TAYOR
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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.