TATA CONSUMER !!!
The stock has been trading in long multi month Ascending Parallel Channel.
The channel has drawn connecting significant highs.
Recently, stock surpassed above the Mid line of Parallel channel which signal bullish scenario.
Hints trend remain strong and possibly price may retest higher end of the channel and challenge its previous life high levels.
The trend strength holds true till price holds above Mid line of parallel channel
Keep on #radar
#Nifty #technicalanalysis #stockmarket #TradingView #investment #trade #FMCG
If u enjoyed reading and like the post kindly follow my blog and also can join me on Twitter handle : @Rohanshah619
The stock has been trading in long multi month Ascending Parallel Channel.
The channel has drawn connecting significant highs.
Recently, stock surpassed above the Mid line of Parallel channel which signal bullish scenario.
Hints trend remain strong and possibly price may retest higher end of the channel and challenge its previous life high levels.
The trend strength holds true till price holds above Mid line of parallel channel
Keep on #radar
#Nifty #technicalanalysis #stockmarket #TradingView #investment #trade #FMCG
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| Tata Consumer Weekly Chart. |
If u enjoyed reading and like the post kindly follow my blog and also can join me on Twitter handle : @Rohanshah619
