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Rakesh Madhav CFA

17th Sep · SEBI-Registered Analyst

🌱 Tata Consumer (CMP ₹1,136, +4.0% today)

TATACONSUM
Tata Consumer gained sharply with strong volumes, breaking out of its recent consolidation phase. The move highlights renewed buying interest in FMCG names. 🔹 Technical View Strong green candle with volume spike – clear breakout signal. RSI at 66, showing healthy momentum but not yet overbought. Support: ₹1,090–1,100, Resistance: ₹1,160–1,180. Sustained move above ₹1,160 could open path toward ₹1,200+. 🔹 Fundamental View Strong presence in tea, coffee, packaged food, and beverages with consistent brand-led growth. Benefiting from distribution expansion and premium product portfolio. Healthy financials and focus on long-term FMCG growth story. ⚖️ Conclusion: Tata Consumer is showing strength with fresh breakout signs. Traders can track ₹1,160 as the next level, while investors can hold for steady long-term FMCG-led growth.

#TechnicalViews#FundamentalViews#EquityResearch
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