TATA CONSUMER PRODUCT LTDViés de baixa
Tata Consumer - Going Down !
While it was running, I thought why?? Why is it running so bad?
Then I realized, it’s just a pattern to chaos theory.
See its very simple. Everyone will learn right now on where to invest in inflation, simple answer will be consumer stocks / Utilities. So, more retail buys tata consumer, more selling will come, until this hits June 2021 levels. When actual inflation will hit the economy, then retail will exit. funny these guys are.
So, a proper inverted round cup. Should come down quite significantly. I am guessing by November end / December, this should be back in action. Until then, I will stay away from it / Short it
This is just a chart pattern discussion. Please trade your hard-earned money on advice of a registered stock market expert. I am a newbie trader :)
Then I realized, it’s just a pattern to chaos theory.
See its very simple. Everyone will learn right now on where to invest in inflation, simple answer will be consumer stocks / Utilities. So, more retail buys tata consumer, more selling will come, until this hits June 2021 levels. When actual inflation will hit the economy, then retail will exit. funny these guys are.
So, a proper inverted round cup. Should come down quite significantly. I am guessing by November end / December, this should be back in action. Until then, I will stay away from it / Short it
This is just a chart pattern discussion. Please trade your hard-earned money on advice of a registered stock market expert. I am a newbie trader :)
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