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mr-sky
12 Th07 2020 19:24

Analysis of Tata Consumer Products Ltd Giá xuống

TATA CONSUMER PRODUCT LTDNSE

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Tata Consumer Products Ltd. – CMP - ₹430.1 Dt. – 13-07-2020
Currently the stock is in the channel between purple and red line. On 09-07-2020 the stock made Doji on the daily chart after gains of 5 consecutive days. On 10 -07-2020 stock made gravestone pattern which indicates correction. CCI and RSI both indicate overbought.
If stock start correcting it will take support at the purple line and if still selling pressure comes the stock can go up to the green line. If stock starts moving upward than stock can go up to redline.

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Price is falling from 3 sessions with good volume and if volume supports than stock price can go up to the green line.
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