c0dchef

TATA CHEMICALS - Trendline Observations

Short
c0dchef Updated   
NSE:TATACHEM   TATA CHEMICALS
Trendline Observation(s). A simple trendline breakdown on 3H Chart of TATA CHEMICALS. SELL strictly below 471 -> 466.

Head & Shoulders pattern gave a breakdown below 480. It may retest the 450-452 level. I'm learning chart patterns as of now. You can plan your trades accordingly if you know how to trade these patterns.
Comment:
It was in the opening minutes and a very quick move. I don't think it even touched 466, although the low does suggest that.
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