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Mar 10, 2017 7:19 PM

H&S - TataChem Short

TATA CHEMICALSNSE

Description

Tata Chemical is showing head a shoulders pattern. Expect downwards movement to 545 levels. This is also confirmed by the MACD falling below the signal line.

The short term chart (thanks to Vanati) shows a descending triangle pattern with a dead cat bounce.

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