msubhashish14

TATA CHEMICALS Pole & Flag

msubhashish14 Updated   
NSE:TATACHEM   TATA CHEMICALS
A pole and flag like pattern is forming and on bigger time frame price is positive & slowly moving up if it has to go up to confirm flag & pole then it may reach 1100-1120 levels in coming days;
price took retracement at 0.23% level and sustained just above it so for tomorrow
1074 above 8-12 points move can be expected & 1062 below 1055.55-1050/51 levels
if ranges in between 1055-1067==> avoid
and any of the three scenarios can form
=>Black line: price going for flag& pole
=>Green up: price will retrace and go up--> high chances
=>Green down line: price can get rejection and fall from level and test support.
Trade active:
1083.30 below price can fall to 1079.70-1072.70 levels;
if goes above 1095 on 15min then 1098.45-1100 levels can be seen 1100 a psychological round level if breaks then another 5-8 points move can be seen or if takes rejection then fall of 8-9 points can be seen.
Trade active:
price formed doji and reached levels as mentioned in chart so can be sideways 1092.15 above 1096-1100 levels can be seen but wait for 30mins to sustain
1083 below 1080-1078.25 target levels can be seen
can go up and close down or vice versa
Trade active:
at important level if has to go up then should close above 1087
setup for tomorrow is 1065 below sell for 1060-1st target then 1053 if takes support at 1065/1060 the can initiate a buy for 5-7 points
1078 above 1085-1087.80 target can be seen
1072-1078== avoid
Trade active:
a support trendline at bottom and hammer candle formed so a small buying can be seen.
1040 above 1045-1st tgt then 1050 level can be seen,
1022 below sell for 1015-1st target & then 1008 next level.
if first candle is big red & goes near 1014 or below wait for support candle to form for buy or 1st candle low break for sell.
Trade active:
price is weak & i'm expecting a small retracement/fall
1048 above long 1050 can be immediately seen as trendline at top if sustains above it then another 3-4 points can be seen;
if takes rejection at 1050 then can sell for 3-6 points.
1038 below 1034.35-1031 can be seen but if takes support near1036-1035.45 then can buy for another 1042 level. can stay in range tomorrow for 6 points & once price sustains above trendline then a big move will be seen.
Trade active:
can show a fake breakout any-side and move in opposite direction 1040 above sustains for 30mins then 1045-1050 level can be seen & if taking a rejection at 1044-1049.80/1050.15 then on red candle sell for 6-7 points target or more,
1025 below sell 1020-1018.70=1st hurdle of support if breaks it then can fall further till 1015.35 level max as trendline at bottom so can take support.
Trade active:
falling wedge price took support at bottom & psychological round number level
1000 below more fall 1stly of 6-7 points then more fall, but can fall a little & reverse is expected as per higher timeframe pattern formation.
1014 above 1019 level if sustains there another 3 points can be seen,
Trade active:
1020 above 1023.65-1024.20 tgt level
1012 below 1010.40-1009.35 target if breaks then 1006.65-1006 next target level
Trade active:
price can come to fill gap and test levels so 1033 below 1030=1st target then 1027.
1040 above 1045 target if goes up further then trail.
Trade active:
can take pause or continue momentum 1051 above buy for 1055=1st tgt then 1057
1040 below sell for 1036-1034.45 then 1032-1030tgt levels
Trade active:
price action says a negative scenario if breaks n closes below 1027 then sell for 1023.50-1021.75 tgt level if goes below it trail or book as per risk reward
1036.60 above 1040 then 1042.1045 many hurdles at top.so be cautious
Trade active:
price took support at important level 1010, so what that means from here price reversal or price can continue fall & on any day if closes below 1000 then a big fall can be seen as per pattern formation. There's a trendline at bottom which price is respecting so what can we expect 1010 below a candle closes then 1007-1006.45/1005 can be seen then 1000. 1018 above 2-4 points target can be seen;
i'm expecting a continuation candle & price support at psychological level 1000 if breaks the panic sell off will be seen which can be big & if takes support reversal can be seen.for monday once price can show 1007 level & a retracement then fall or continue momentum.
Trade active:
negative scenario on bigger timeframe & price can fall more as per my observation 52week low should get tested by next 30days.
scenario for tomorrow is can open flat/gap down, if flat open & goes down then continuation fall can be seen till support level tests.
price can fall till 958.45 if breaks it too then 953.60 next 946 is next target, Avoid buying if want to buy then can do it for small target of 3/4 points not more only at support level on good buying candle.
Trade active:
953.60 above 958.45 tgt if goes above it trail
935 below 929.40 tgt if goes below then 921.65 next tgt then 912.
a upmove & then fall
Trade active:
price was falling continuously & took a rejection & 0.23% level retracement done price is sideways to negative now & range is 940-966.
966 a resistance & 940.25 a support, 946-961 range for tomorrow a fall can be seen.
Trade active:
Quite a couple of things can form in this scrip if 956 breaks then fall till 953-952 level can be seen and will activate inverted flag & pole & more fall can be seen,
if sustains above by small fall till 953 then reverses & crosses 960 then a \/\/ pattern can be seen &960 above sustains for 30mins & candle closes above it then 975 level can be seen,
but for monday 965 above 969-973 tgt level can be seen
956 breaks then 953 immediate target if falls further then trail
Trade active:
inverted flag and pole pattern is still intact if tomorrow sustains above trendline then inverted flag&pole pattern will fail as flag will become more than 50% of pole so can form a little negative pattern. For tomorrow below trendline if price goes=for high risky traders then sell for 4 points & safe traders can wait for 961 level break for sell 959=1st tgt then 956.35 to 953/952 level can be seen
965.45 above 969.30-970 if goes up further then trail
Trade active:
price broke trendline & closed below it but formed double bottom on 30min timeframe so if flat opens & goes up little to 965 & rejection candle forms sell for 960 immediate target then trail if falls, if candle closes above 965.35 on 15min timeframe then buying for 967.45-968.20/969 tgt can be seen
if flat open & goes down 954 below 952 immediate tgt then 950 can also be seen
NOTE: Inverted pole & flag will fail if 965 above candle closes on day timeframe or price can give a fake break & continue falling.
Trade active:
traded in small range if breaks low of 956 then 953.40 then trail
if 961.60 above 15min candle closes then 964.40 tgt
Trade active:
2things to form here 1:price breakdown to touch 935 level or below
2: price to fall a little till 940 then reverse for forming a W pattern
tomorrow if price goes below 945 below 940 immediate target can be seen, if price reverses from here then a buying can be seen for w pattern forming confirmation,
if goes below trail.
for buying wait till price sustain above 953 for 958.45 level.
Trade active:
945.20 a support if breaks then 944-942.15 level will be seen
953 above 958 tgt level can be seen.
Trade active:
price in a range and at important zone if breaks 959 then 957-953.35 level can be seen and if at any time breaks 964.45 then 967-966.50 tgt level can be seen.
Trade active:
price is holding the position and can reverse from here by forming a "W" pattern
so to do it has to sustain above 971 and closes above it.
for tomorrow if 963 below 15min candle closes then 961 immediate tgt can be seen then if goes below it 957 is next stop.
for buying let price sustain above 967.30 for 969.10-971.30 tgt level can be seen.
Trade active:
2 Scenarios 1.w pattern formation confirmation, 2.break down to test 52 week low
if price breaks 957.70 then 954.25-953 tgt level can be seen if falls below it then trail & draw a trendline at bottom on 30minute timeframe & if price goes below it trail as per your risk reward.
buying only above if price sustains above 965 then 967-968/970 tgt level can be seen.
Trade active:
966 below 962.50-961.20 tgt level can be seen
971.80 above 976 tgt level can be seen
Trade active:
976 a resistance possibly for tomorrow 961/960=a support zone
967 below 965-964.85 tgt level can be seen
974 above 976-978 tgt level can be seen
if breaks a resistance then can move up a little then can fall or may continue move.
Trade active:
On daily time frame price is forming a w pattern & on weekly price is negative & on hourly basis there's a trendline at bottom if price breaks it then fall can be seen & it will confirm inverted pole & flag pattern, so for Monday 969 below 967-966 tgt then if falls further can trail till 965-963.45 tgt can be seen
974 above 15min candle sustains then buy for 2-4 points tgt level can be seen.
Trade active:
price on daily timeframe came down & filled the upper wick of previous candle so tomorrow a pause candle or a continuation can be seen & in last 30mins there's continuous fall so tomorrow can continue the fall.
971 below 967.15/966/965 tgt level if goes below it then trail till 961.
976 above 15min candle closes then 979.15/980 tgt level can be seen.
Trade active:
A Symmetrical triangle pattern formed on 30min timeframe so a fake breakout can be seen & then reversal for further if sustains below 1010 then 1000 level then gap can be filled if sustain above 1025 then 1030 immediate target then more upmove of 10 points can be seen.
pls checks minds/ideas column for a chart picture to get a rough idea.
Trade active:
990 below more fall can be seen 985-980 levels can get tested
1000 above a buying can be seen for 1005 level. & 1000 above a double bottom scenario can get confirm as neckline at 1000.
Trade active:
A Triangle pattern formation on smaller time frame & a fake break out can be seen then reversal to trap traders so be cautious let price break 1005 level wait trade reversal;
1005 below 1000 tgt then can reverse;1010 above 15min candle sustains then buy for 1013/1015/1017.95/1018 tgt can also be seen. Draw trendline at bottom on 30min timeframe & wait if price breaks it as that can be a fake one.
Trade active:
price given a break out & immediate level sell seen on day timeframe if 1026 a small hourly support breaks then 1020 immediate target can be seen trail on 2points
1032.40 above 1034.85-1036.95/1037.20 tgt level can be seen.
Trade active:
price given a breakout & sustained sideways & breakout & retest done so price on weekly & monthly timeframe is strong & can go up to claim 1110 level
1084.35 below 1081-1077 tgt level can be seen
1093.25 above 1097.15-1099.65 or 1100 tgt level can be seen.
Trade active:
1111 above price sustains then buy for 6-10points
1100 below sell for 10-15 points tgt level as price can go up a little &fall.
Trade active:
1123.10 above upmove till 1130 or 1134 tgt level can be seen
1110 below fall till 1106-1104.80 tgt level can be seen then if breaks it too then 1100 next stop.
Trade active:
price can go up to reclaim 52week high & positive above 1142.45
1135 above 1140 tgt level can be seen
1125 below 1118.35 tgt level.
if first 15min candle is green wait for 1135 break & if breaks 1140 then wait for 30mins-1hr then trade as per move/trend.
Trade active:
price can continue the fall to another 15-20 points but only on flat opening case as 1080 below 1077.15-1075=1st hurdle & tgt then 1063.60tgt level if price sustains below 1075.
1088 above 1095.95 tgt level can be seen as i don't see big up move if price coming up after a dip then it can be for 10points max.
Trade active:
price got a selling from top today & formed a rejection candle like gravestone doji it has a significance of trend reversal or continuation. For tomorrow special session 20/1/2024 if price goes below 1072 then 1070 a hurdle if breaks it in 1st 15min candle & forms a red candle then price can go down to touch 1063-1056/1050 tgt levels.
if price goes above 1080 then 1088-1092 tgt level can be seen.
Note: if price goes a little down & reverses then price can go up to 1088/1092; if gap up opens then wait for 1st 15min candle low/high break to trade for small targets. if gap down opens then wait for 30mins then trade on trend.
Trade active:
price formed a head & shoulder on 30mins time frame so if price breaks 1048 then 1041-1037 tgt level can be seen if sustains below it then 1026 level can get tested too.
if price goes above 1064.70 then 1070-1076 tgt level can be seen.
price can go up a little then can fall.
Trade active:
price if goes below 1013.65 then 1010.80-1007.90 tgt level can be seen;
if price goes above 1020.40 then 1025-1027.15 tgt level can be seen.
trail as per risk reward if levels achieve early.
Trade active:
price is negative & upon that the quarter results were not good, so there's probability of fall till 950 or more as on bigger time frame you can seen the price coming down to the level of consolidation zone if tomorrow price goes below 976 then 970-960=1st tgt if sustains below it then 950 level can also be seen.
for buying wait till price sustains above 1000 at least 990.
Trade active:
firstly pls accept my apologies as gap down scenario was not discussed or analyzed
as price opened gap down & took support from immediate level & went up a strong buying seen & from fall if you mark this is proper retracement zone .23% so if tomorrow i.e. 7-2-2024 if price goes above 1003 then 10 points move and 980 below 10 points move if sustains below it then trail as per risk reward
Trade active:
price is weak & can come down to touch 940 level & if breaks it then 10 points fall can be seen
942 below 940=1st tgt then 935 next tgt level if sustains below it then 930 a strong support.
953 above 960 tgt level can be seen.
Trade active:
price took a support at bottom & slowly moving up.
so 970 below 966.40-965 tgt if sustains then 962 next tgt
975.50 above 978/980 tgt level can be seen then 982.70 next tgt.
Trade active:
price breakdown parallel channel so there's 2 possibilities of price continuation of fall or price reversal.
i wont be surprised if price goes above 984,as the wick's of candle's at bottom tell a different story.
so levels are 974 below 972-970 tgt level can be seen & if sustains below 966/965 level can also be seen.
980 above 984 level can be seen then another 2-points if sustains.
Trade active:
price given a breakout from range & closed above but a retest is pending for buyers in intraday to keep a stop & that stop below can only sell for 8-12 points tgt
997 below 992-980 tgt can be seen
1012 above 1020-1026 tgt can be seen. at top 1035-1050 a hurdle or resistance
& 980 a support for 5-3-2024.
Trade active:
price given a breakout & there's a little move pending & it may/may not come at sudden. so levels are 1048 below sell for 1040-1036/1032 tgt can be seen
1070 above 15min candle closes then can buy for 1077.75-1080.20 tgt if sustains & trades above it for 30mins then 1100 level or near to this level price can go.
Trade active:
price giving breakout & sustaining & tested 52week high so probability of price moving up & testing is expected. 1150 below 1132-1116.55 tgt level can be seen.
1190 above 1200-1205 or 1214.90-1218.25 tgt level can be seen.
Trade active:
price is strong & bullish on daily, weekly & monthly basis & giving break out,& touched a new high & there's no retracement so if price crosses or trades below 1295 then 1280-1266 tgt can be seen, for buying if price trades above 1333 then 1349=1st tgt then 1358-1364/1366.45 tgt level can be seen.
Trade active:
price is negative but on larger time frame the rejection is from golden ratio zone,so im expecting a little positive to sideways scenario
1150 above 1170 tgt level can be seen if sustains then another 10points can be seen but this could come after a pullback.
1135 below 1124-1117 tgt level can be seen if sustains then 1110-1104.55level
Trade active:
1120 below sell 1113-1110 or 1108/1105 tgt level can get tested
1145 above 1153-1160 tgt level can be seen.
price is still range bound & can be volatile so be cautious.
Trade active:
price is negative & can test 1000 level as imbalance created needed to get filled on bigger timeframe so 1020 below 10-15 points tgt can be seen.
1055.65 above 1067-1069.80 tgt can be seen.
Trade active:
Price can go up to test 1062/63.45 level & it can be in a day or two or by the end of this month, as that's where the 0.5-0.6 level is & price given a retracement but to form a pattern a halt candle may form or a doji candle with little green body can form.
1040 below 1035-1033=1st tgt then if sustains 1026-1021.70 next tgt levels.
1060 above proper 15min candle closes then buy for 10-12 points tgt.
Trade active:
price went on to touch golden ratio zone on day timeframe so 1080 below 1070-1064.40 tgt can be seen, & 1093 above 1104.60=1st tgt if sustains then can see 1110 level to 1115.45 tgt.
Trade active:
price is weak on monthly & weekly and there's wick at top & price closed in a range so that means price can stay in a range of 150 points, on daily a in decisive candle & indicating a sideways move,
1070 a support on 30mins & if breaks then 1064-1051.70 is next lower support
1140 a resistance for this week & 1050-1040 a support for this week.
1090 above 1095-1100 or price can even touch 1110.20 tgt
Trade active:
price is a little strong & can continue upside momentum so, we enter trade on a level break & sustain as just above it there's a "FIB GOLDEN RATIO ZONE", so on Friday if price sustains above 1180 then 8-9 points tgt can be seen first if sustains then 1900 level can also get tested, for selling let price sustain below 1160 for 8-10 points; if more weakens then another 5-7 points can be seen.
Trade active:
Price went up touched fib. golden ratio on day timeframe & fell so what next? there's 3 possible outcome's 1.up trend 2. fall 3.sideways
as per weekly & daily price is a little strong and price action says price slowly moving up & these falls are good corrections for healthy up move, & we will be weak below1100.so for Monday i.e. 15/4/2024 if opens flat & crosses 1144 then sell for 1135=1st tgt if weakens then 1120 tgt can be seen(Note: there's a trendline at bottom so price support will change with every passing minute)
If flat opens goes up 1160 above 1166.60-1175.15 tgt if sustains then 1180 tgt can be seen.
a red candle of doji like( long wick is expected)
DISCLAIMER: This is just a view & can be 100% wrong as the analysis is done on previous price pattern & movement so consult with your financial advisor before taking any position.
Trade active:
Price on weekly time frame formed a spinning doji candle & that's at important level & from here there will be make or break & very less likely for sideways.
Inverted Hammer on day chart as sideways move is expected & very less likely for up move.
For Monday if price goes above 1116 then 1123-1128.20 tgt can be seen, if sustains then another 5-8points can be seen.
for selling wait for price to close{15min candle} below 1098 for 8-12 points tgt.
if gap up/gap down opens on Monday then wait for 30-45mins & mark 1st 15min candle high & low then trade on side price is. weekly support at 1080 if breaks then 1070 next support & resistance at 1142-1155
Trade active:
in.tradingview.com/chart/Ki8pmBUN/
price on day chart formed a red candle where buyers have strong hold but 20% seller's are still there so when doji after doji forms( be it any kind) there's indecisiveness & buyers & sellers are fighting hard & we need to work/trade on particular levels only.
for buying let price sustain above 1123 for 1129.30/1130 tgt if sustains then another 3-4 points tgt can be seen.
if price breaks 1107 level then 1100 tgt level can be seen. if any day price breaks 1100 level or 1096 level then fall till 1090-1088 can be seen.
Trade active:
price retracement done & moved up & closed on weekly there's negative candle but buyers took price up & on day chart price formed a red candle so for its continuation price needs to open flat & cross the low of 3/5/2024 candle,
so 1096 above 1100 immediate tgt & if 15min first candle touches the level then wait for next candle to form & close above previous candle then can buy for 5 points try taking small tgt as price is at rejection zone where there were many wick & trail on alternative candle if sustains.
1083 below 1078.65-1076=1st tgt if sustains then 1070-1065.80 next tgt level can be seen.
if gap up or gap down opens then wait for 30mins & mark 1st 15min candle high & low then trade on side price is.
Trade active:
price given a retracement & tested Fib golden ratio zone so there's 2 possibilities of price going up & secondly to form a small negative candle. so lets see what market does but we will trade on levels only & there's immediate hurdle at top 1089-1092 once it crosses then price can go up further to touch 1095/1096.45 level
so flat opens 1085 crosses 1088-1092 immediate tgt if sustains then another 4-5 points can be seen. if price takes rejection from 1092 then 1088 below closes then sell for 4-6 points or if further falls trail as per your risk reward & position.
if flat opens & crosses 1076 then 6-8 points tgt can be seen, if more weakens then 1060 level can get tested too.
Trade active:
price didn't done as per our analysis but fell & supported by chemical index & institutional pressure so if price opens flat & 1040 crosses then sell for 1036-1030 tgt but a 15min candle closing should come then only sell, if gap down opens at 1040/1038 then wait for 30mins & mark 1st 15min candle high& low then trade on side price goes. if flat & price goes up till 1048 then takes rejection then sell on next 15min candle for 4-6points then if falls further trail.
Trade active:
A triple top like formation on 30mins & M pattern on 15mins so price fall can be seen but in a different scenario price can move up then fall from top 1104 below 1100 immediate tgt if sustains then 1097 next tgt level can be seen. As 1095-1096 a support at bottom if price takes support from here then can move up till previous day closing price so risky traders can initiate a buy here. If flat opens 1112 level crosses then 1118 level can be seen but there will be hurdles at going top so trail on alternative candles. If gap up or gap down then wait for 30-45mins then mark1st 15min candle then trade on side price goes but keep small tgts
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.