Tata consumer having more potential to go up

after breakout of regression channel tata consumer given a great up side move and agene it consolidating with big candles expecting one more up side moves with good intraday moves
chart its self is self-explanatory


When price closes outside of the Linear Regression Channel for long periods of time, this is often interpreted as an early signal that the current trend might be ending and a trend reversal might be near.


To draw the Linear Regression Channel, simply select the beginning of a trend and stretch the indicator to another point of the trend. The three lines of the Linear Regression Channel will self-adjust depending on the top and bottom of the trend.

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