CLOSED

TATACONSUM
Target Reached

670 8.89%
Close Price
(2021-04-06 13:30:00)
615.3
Entry Price
(2021-03-01 09:19:59)
670
Target Price
 
556
Stoploss
 
Enter at below 609.15 | Created on 2021-02-28 16:30:00 and valid till 2021-05-09 00:00:00

Trade rationale

Trendlines

Price action is currently forming an ascending triangle and has recently taken support from the 550 price level which will be our stop loss for the trade. Hidden positive divergence can also be seen as the price is making higher high but ADX has failed to do so. A positive ove is expected in TATA CONSUMERS.