Short term idea: Long Tata Consumer

TataConsumer is doing shallow correction on lower volumes.. Long on hourly close above trendline.

Entry. 580-590
Target : 640-650

Stoploss: 570-575

Risk Reward : 1:3

Kommentar:

Trail stoploss to cost(daily closing basis). I had reached near target but failed to breach. May take support from our entry and bounce.