TATA Consumer looks strong…
Reasons/Traits :
• Today gave a break out from two day inside bars with a big green bar with very good volume
• Above 13 and 50 EMA
• Price touched 0.618 retracements levels
• RSI increasing
• Bearish Crab harmonic pattern formation is in place
What can happen next :
Scenario 1 : Price sustaining above 850/853 levels can take it to 865/870/915/940 levels
Scenario 2 : Price break down below 834 can take it down to 812/800/775/750 levels
Disclaimer : This analysis is only for educational purpose and not be considered as any trading idea/tip. Please consult your financial advisor before you take any trade and we are no way responsible for your profits/losses. Thank you!
Please do like and share this idea. Thanks
Reasons/Traits :
• Today gave a break out from two day inside bars with a big green bar with very good volume
• Above 13 and 50 EMA
• Price touched 0.618 retracements levels
• RSI increasing
• Bearish Crab harmonic pattern formation is in place
What can happen next :
Scenario 1 : Price sustaining above 850/853 levels can take it to 865/870/915/940 levels
Scenario 2 : Price break down below 834 can take it down to 812/800/775/750 levels
Disclaimer : This analysis is only for educational purpose and not be considered as any trading idea/tip. Please consult your financial advisor before you take any trade and we are no way responsible for your profits/losses. Thank you!
Please do like and share this idea. Thanks
Nota
on 25th oct scenario 2 first 3 targets hitDagangan ditutup: sasaran tercapai
Scenario 2 all targets hit
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.