TATACONSUM - Breakout given, Wait for confirmation!!

4 มิ.ย. 2020

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.