MTF Positional Pick - Buy Tata Coffee Ltd For Target Rs. 275

12/10/2021 11:58:03 AM | Source: HDFC Securities Ltd

MTF Positional Pick - Buy Tata Coffee Ltd For Target Rs. 275 - HDFC Securities

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MTF Positional Pick - Buy Tata Coffee Ltd For Target Rs. 275 - HDFC Securities

* Stock price has surpassed the multiple top resistance of 218 on closing basis

* Price breakout is accompanied by higher volumes

* Primary trend of the stock has been bullish with higher tops and higher bottoms

* Stock has been holding levels above its medium to long term moving averages

* Stock is trading above its super trend indicator on daily charts

* Indicators and oscillators have turned bullish on daily and weekly charts

Buy Tata Coffee Ltd Up to 3 Months @ Average Level 207 CMP 222.8 TGT 275 SL 201

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