APJ02

Wait for retest of breakout

Long
NSE:TATACHEM   TATA CHEMICALS
The price has given a breakout from a downtrend and also from a resistance zone. Now this is a huge breakout in a day. Ideally price should lose momentum reaching to resistance zone and then give a breakout. So here we will let the price test this zone (pullback) and then buy once the uptrend is confirmed.

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