TATA CHEM breakout - Wait for accumulating when gap fill
Updated
TATA CHEM breakout - Wait for accumulating when gap fill..
TATA CHEM, taking support in trend line for long time & break out - Point to be noted is, Friday was a gap up open.. though strong break ou, there is a wick & double top pattern formed..
So lets wait for TATA CHEM to fill gap and and 780-775 .... in case if it goes below gap after filled, accumulate at trend line ...
Take a long position at 785-775 & if it goes down, accumulate in trend line.
TATA CHEM, taking support in trend line for long time & break out - Point to be noted is, Friday was a gap up open.. though strong break ou, there is a wick & double top pattern formed..
So lets wait for TATA CHEM to fill gap and and 780-775 .... in case if it goes below gap after filled, accumulate at trend line ...
Take a long position at 785-775 & if it goes down, accumulate in trend line.
Trade closed: target reached
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