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RKMAURYA

Tata Chemicals Stock Analysis on Monthly Chart

Long
TATA CHEMICALS (NSE:TATACHEM)  
RKMAURYA Updated   
NSE:TATACHEM   TATA CHEMICALS
Trend Analysis Technical Indicators
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trendanalysis indicator
TATACHEM

Stock is trading in range since August 2021. Long Build up will happen when stock closed above 1140 level on monthly basis. 1st target will be All time high near 1345 level.

If we draw Fibonacci extension on Monthly closing High Low points, the Fib 1.328 extension target comes to near 1500 followed by Fib 1.5 extension near 1600 and Fib 1.618 extension near 1700 level.
Comment:
Broked 1143 resistance level. Entry may be initiated with TSL at 1100
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