Tata Coffee Multiyear Breakout

2021年5月9日

I am naïve to the chart pattern. This is my first post.

Many of Tata groups' stocks including Tata Coffee are in Multiyear breakout. If you see Weekly chart it's already breached out W pattern and now approaching towards the multiyear resistance of 172-175.

SL can be 138 and Target can be 173.

2021年5月9日

註釋

Mistakenly this idea marked as Short. This idea is for Long position.

2021年5月11日

交易結束：目標達成

Target Reached in two days only.

Can extend target to 193 and trail Sl to 160.

2021年7月27日

註釋

See how beautifully price action is built in this stock.
Consolidation -> breakout -> consolidation -> breakout.

Now trading at 225.