Aggiornato
TATA COFFEE - Awaiting potential buy opportunity
1. Tata Coffee owns coffee estates in Coorg, Chikmagalur, and Hassan
2. Statistics provided by Coffee Board of India for the region indicates good harvest
3. Increase of Arabica coffee and Pepper production has been witnessed in the region
4. Firm had reported 20% increase in its consolidated net profit for the quarter ended December
5. Cup and handle formation complete
6. Awaiting for reversal sign to get in the trade
2. Statistics provided by Coffee Board of India for the region indicates good harvest
3. Increase of Arabica coffee and Pepper production has been witnessed in the region
4. Firm had reported 20% increase in its consolidated net profit for the quarter ended December
5. Cup and handle formation complete
6. Awaiting for reversal sign to get in the trade
Trade attivo
Trade active from 106Nota
Stop loss changed to 111Nota
All targets reached in 4 days :)Cheers guys but the trade is still on ;)
139 and 160 are next target points
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