Published on 12/02/2020 11:42:56 AM | Source: HDFC Securities Ltd

Momentum Pick : Buy Tata Coffee Ltd For Target Rs.108 - HDFC Securities

Posted in Broking Firm Views - Short Term Report| #Tata Coffee Ltd #Coffee #HDFC Securities #Trading Report

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Momentum Pick : Buy Tata Coffee Ltd For Target Rs.108 - HDFC Securities

* After showing a minor declines/sideways consolidation, the stock price has shifted into an upside bounce today.

* Currently, the price is making an attempt to show upside move above the key upper resistance.

* The short term trend has turned positive.

* We observe a formation of positive candlestick pattern as per intraday/daily timeframe chart.

* Volume has started to rise along with the up move in the stock price.

* The daily/intraday RSI is showing positive indication.


Buy Tata Coffee Ltd @ 96.45 - 93 SL 91.40 Target 108


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