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shashankpt

Buy Tata chemical with SL of 708 for target 746

Long
TATA CHEMICALS (NSE:TATACHEM)  
shashankpt Updated   
NSE:TATACHEM   TATA CHEMICALS
Trend Analysis Chart Patterns Technical Indicators
2
0
trendanalysis chartpattern indicator
Buy Tata chemical with SL of 708 for target 746/775. Please find below observation in order to support my opinion.

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1.Double bottom formation on price and RSI
2.Increase in open interest by 9%.
3. Positive DMI is above 25 and ADX emerging for uptrend
Comment:
Target 1 achieved and revise SL to 734
Trade closed: target reached
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