-231.86
-39.75
-329.00
-673.00
-2,920.00
-231.86
-39.75
-39.75
-329.00
-329.00
-673.00
Updated - April 07, 2026 at 06:30 AM.
The stock of Tata Consumer Products has been in a downtrend for over a month now. But the price action over the past couple of weeks suggests that the bears are losing traction as the movement has largely been sideways.
In addition, the scrip formed a bullish pin bar candlestick on the weekly chart and although not a textbook definition, the daily chart shows formation of a morning star pattern.
Notably, these patterns have formed on the back of long-term trendline support. Hence, there are signs of a rally in the near-term.
The upswing can lift the stock to ₹1,120. So, buy at ₹1,050 and ₹1,020. Place stop-loss at ₹990. On a rally to ₹1,075 and ₹1,100, revise stop-loss to ₹1,050 and ₹1,080 respectively. Exit at ₹1,120.
Video Credit: Businessline
(Note: The recommendations are based on technical analysis. There is a risk of loss in trading.)
Published on April 7, 2026
此内容由惯性聚合(RSS阅读器)自动聚合整理，仅供阅读参考。 原文来自 — 版权归原作者所有。