Tata Coffee on a daily chart, stock price is trading in a
northward direction, also stock price is trading above the 20 DMA, indicate
positive view.
Last week stock price hit the 52-weeks high at Rs. 123.80 and
reversed form the same level, indicate profit booking dragged the price to Rs.
116.40 level.
If anyone is
holding Tata Coffee can hold with Rs. 94 level. Technically if anyone want to
enter in stock can buy above 52 weeks high any 2 close, stock price will shoot
towards 143 levels.
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