AkshayAdak

Trade Setup in Tatachem

Long
NSE:TATACHEM   TATA CHEMICALS
I saw the breakout in the Tatachem stock.
Volume looks increasing on buy side.

Stoploss below at previous candle of breakout because its has shown a good buying momentum as it has no wick downside on daily chart .
I think this may resumes the in upcoming trading sessions.
If not my stoploss will get hit.

1st resistance is at 792-798 levels - My Target 1
2nd resistance at 825-835 levels - My Target 2

This is my own analysis.
This post is for educational purpose only.
Comment: Made 52 high of 891.90.
More than 19%

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.