Maximum profit: Rs 35,100 If Tata consumer closes at or above 357 on May expiry)
-- Long build-up is seen in the Tata consumer Futures’ where we have seen 8 per cent (Prov) rise in the Open Interest with price moving up by 1.7 per cent.
-- Primary trend of the stock is positive where stock price is trading above its 200-day SMA
-- Stock price is taking support at 20-day EMA since last two days
-- RSI Oscillators is placed around 60 while MACD is trading above the central line Indicating bullish set ups