PARALLEL CHANNEL IN TATA CONSUMER PRODUCTS ON "30MINUTE TIME FRAME".Can initiate a buy if sustains above 740 with 15min candle close then 752.80/753 immediate target & 760 is high.
But 50& 200 ema crossover on 1D timeframe on 20/01/2023 so a negative scenario if goes below 720 then 700 immediate target downside.
if closing comes above 745-755 on 1day time frame then a small upside momentum can be seen.as price is taking support.