2024-07-22 10:52:25 am | Source: Religare Broking
Stock of the day : Tata Consumer Products Ltd For Target Rs. 1260 - Religare Broking
Tata Consumer Products Ltd
* TATACONSUM has been trading in a steady uptrend from past more than a year with gradual rise in volumes.
* After a strong up move, the stock corrected to the levels of 38.2% retracement and created a strong base while holding up its gains showing accumulation in the stock.
* It has now registered a breakout from the elevated base suggesting resumption of the prior uptrend.
* Traders can consider fresh longs in the mentioned range.
Buy Tata Consumer Products Ltd CMP 1188.00 Range 1185-1190 SL 1155 Target 1260
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