Weekly Price Action For Tata Coffee

2021년 2월 22일

Long view on Tata Coffee on weekly time frame. With Buy at 103 and targets of 109,113 and 121.
Stop Loss : 99.50.
With a lot of profit booking scene on 22nd February in the market, Tata coffee did not see the unusual volume surge for profit booking
Simple price action explanation. Not a recommendation.
Before trading, always consult with your financial advisor.

2021년 2월 23일

노트

Target 1 : 109 achieved

2021년 2월 25일

노트

Target 2 : 113 was achieved on 24th feb

2021년 2월 26일

노트

Analysis was done on a weekly chart. In three sessions, we achieved 13-14% move.
Hence I recommend to close the trade with 117 as trail stop loss. It will not be wise to wait for another 3 points for a number of days.
Trade closed.

2021년 2월 26일

노트

ANyways, Target is achieved : 121