TATACONSUM - Breakout given, Wait for confirmation!!

235
Tata Consumer Products Ltd.

The stock price is showing a bullish sentiment ahead of 381 resistance breakout.

Technical parameters look strong.

***TRADINGEDGE TIME-TREND INDICATOR IS BULLISH***
***TE BANDS ARE IN GREEN ZONE***

If the next candle shows conviction and breaks the high (383.5), the prices will swiftly move up.

Above resistance level (381), the next Supply zone is 397-405. On the downside, the support is the bottom of the Demand Zone (365).

KEEP AN EYE!!
#tradingedge_academy #SMTA_institute

***This is my personal view. Please take advice from your financial advisor before investing.

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.