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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
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Price is bouncing off from long term trendline
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Price has almost retraced to 0.618 fib level from Feb'22 lows and bouncing
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OI data suggests strong accumulation is being done at the low/base
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I am not a SEBI registered Analyst. Views are personal and for educational purpose only. Please consult your Financial Advisor for any investment decisions.

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