Tata Coffee – Range breakout headed to 1150-1250

Tata Coffee

 

After a big fall some months back the stock has been consolidating for 3-4 months.

A move above 1050 today confirms a range breakout with upsides to 1150-1250 in the short term.

Decent volumes also today.

 

Disclosure: Recommended as a day trade and short term idea at 1050 to clients.

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