jayverma0807

1 Day breakout trend line near price after earnings.

Long
jayverma0807 Updated   
NSE:TATACONSUM1!   TATA CONSUMER PROD FUTURES
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 trend line as the earning are flat to positive
Comment: For Shorting with for a break down of 775 levels
for targets of 755 -750
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