TATA CONSUMER STOCK ANALYSIS IMPORTANT PRICE RANGE

share price is currently trading in a particular price range between the important support and resistance levels of 1156 and 1090, respectively A 200-day moving average will act as an important support level The investor should wait for the breakout of support and resistance, and then the direction will be clear RSI is currently at 70, and yesterday it was at 78, which indicates that the price is trading in the overbought zone The 200 moving average acts as an important support and resistance level Relative strength index (RSI) 0 to 30 oversold zone, 70 to 100 overbought zone oversold zone indicates buying and the ,overbought zone indicates selling If the price breaks 1156, then I will only be bullish on it And if it breaks the support level, then it may move towards the 200 EMA, which will act as an important support level