In our research process combining both fundamentals and technicals, which is half through. We have found TATA COFFEE to be a super best stock. It has a EPS rank of above 80 among our exclusive list of stocks that are scanned for identifying the best stocks to invest in. On the weekly charts this stock has made a strong up move and is now languishing in the value zone, yet above it's EMA. Though the back of the bull is broken, the TATA COFFEE bull has some strength left yet for it to make another attempt to the previous high's before it drains out energy.
One can think of getting long when the stock breaches 900, with a stop of 828. 1100 on the target side is an all likely possibility.
A note of caution: Please invest only a portion of your available capital in the stock. What be the strength, there is always a chance for any stock going against the trend. We have given here the highest probability winning proposition but still keep ourself guarded with stop loss and money management.
Happy trading.
One can think of getting long when the stock breaches 900, with a stop of 828. 1100 on the target side is an all likely possibility.
A note of caution: Please invest only a portion of your available capital in the stock. What be the strength, there is always a chance for any stock going against the trend. We have given here the highest probability winning proposition but still keep ourself guarded with stop loss and money management.
Happy trading.
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