TATACONSUM - LONG Opportunity

TATACONSUM - CMP 960

Wave counts are updated in the chart (including internals)

Observations:

ABC correction seems complete and the price is ready to go higher


Price is bouncing off from long term trendline


Price has almost retraced to 0.618 fib level from Feb'22 lows and bouncing


OI data suggests strong accumulation is being done at the low/base


I am not a SEBI registered Analyst. Views are personal and for educational purpose only. Please consult your Financial Advisor for any investment decisions.