tataconsumer made inverted head n shoulder pattern on hourly charts with good volumes. Could be bought with mentioned stoploss & targets.
#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
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
Reaching towards 595.. add this in your portfolio
Buy Tataconsumer future @ 520 tgt 545 Sl 508