Possible Breakout at 679
TATACONSUM is the newest member of Nifty50.
It has formed a nice ascending triangle pattern and spending its time most towards the highs.
RSI is above 60 which shows a good buying strength.
Also one can expect good long-term gains as the stock is new in the index and the index-fund has no other option than making a huge buying here!
It has formed a nice ascending triangle pattern and spending its time most towards the highs.
RSI is above 60 which shows a good buying strength.
Also one can expect good long-term gains as the stock is new in the index and the index-fund has no other option than making a huge buying here!
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