Tata chemicals LONG

Updated
TATA chemical has been near its technical support of avg. 1046 From there it may go up for nearly 10 to 15% in coming rally, Also OI change currently supporting these levels by a healthy amount.
Trade active
Just got in this trade at CMP of 1039/-, expecting to earn via swing movement possible within 30 days tenure and currently OI changes indicating current levels being stronger then before
Trade active
Tata cemicals has consolidated on its powerful support near 1030/-. we shall se more upside potential from here by at least 9% upside with 15 to 20 days of rally (As this stock is highly co-related with Nifty)
Comment
We do have limitation siting stating to be its co-realtion with nifty , which could only be a problem if the nifty tends to under perform in near future
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