sandeepbalachandran

Tata Consumer Product-Probable 4% move

NSE:TATACONSUM   TATA CONSUMER PRODUCT LTD
Tata Consumer would have been an excellent pick for a swing but with Nations preparing for a probable Nuclear strike I wouldn't suggest going long at the moment.
This script looks excellent for a quick scalp. The first hour might see a correction but once the script starts moving, it's likely to gain a good upward momentum.

Remember - the first hour is crucial. If the stocks falls and breaks the previous days low, it will likely not have an upward momentum.

PS: I haven't been posting much of late due the Russia-Ukraine war that has made it impossible to read and predict a good trend. You will likely be hitting more stop-losses than upper targets. I have switched to Intraday trades and I trade the same stock the next day if I see a continuation of an uptrend or downtrend. I have temporarily stopped carrying my positions. Protecting my capital is far more important than unnecessary and unwanted headaches.
So please trade safe until this crisis is over.

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Remember, if the overall market dips, most stocks will also go skinny dipping.

Happy Trading!

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