Tata Consumer is breaking out of a big base in weekly charts, and volume spike can be observed today on daily charts as well.
Yorum:
Power of breaking out of a long weekly base, stock is in an uptrend since the BO.
In my research up until now, bases larger than 60 week give good upmoves. I hope this finding is not negated anytime soon in the research. But long weekly base setups with consistent earinings is a good recipe to begin with for a setup.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
In my research up until now, bases larger than 60 week give good upmoves. I hope this finding is not negated anytime soon in the research. But long weekly base setups with consistent earinings is a good recipe to begin with for a setup.