As tata coffee has a macd crossover with a good volume and rsi above 60 ,its ready for goving a 3 to 5 percent return in short period
TAKING SUPPORT AROUND 116-118 , MINOR RESISTENCE AROUND 127-129 IF CLOSED ABOVE THEN NEXT TGT 133/140
Add Pos. Tata Coffee at 130/112 we seen 146/174/200+ view invalid below 95 cb sl
TataCoffee - This one getting ready to ride one big joy ride. ATH coming soon. SL 105 on monthly closing basis. DISC: Not a SEBI Registered. I post charts for my own study.
We have a breakout in TATACOFFEE when the market is flushing down gains.....that's stock market for you
Breakout Above 109 will be a Strongly Bullish , RSI Above Previous Swings ( Strong Momentum )
Enter After 122 Sl _ 118 target _ 136
Buy @105 tgt 110/113/118 Sl 100 Good support at 99-100 and above 107 it may go to above tgts. Disclaimer: Ideas for learning Only.
Parameters : Position Size : %1 Risk/Reward Ratio : 2.91 Stop-Loss : 74.85 Goal : 63.75 NOTE : TP1 => Take Profit 1 Point : 68.30
Momentum on Buy Side is Huge. Broke Recent 2 Bull Fractals implying change in momentum shift towards Bulls. Currently KS is at 150 Level and Immediate Target would be 196 Level.
good support zone and 200 EMA line support