ashvikasyadav

TATA CHEMICALS head and shoulders pattern View Breakdown

Short
NSE:TATACHEM   TATA CHEMICALS
TATA CHEMICALS - Head & Shoulder Formation

Tata Chemicals is involved in the business activities of Manufacture of organic and inorganic chemical compounds.

The stock has formed a Head & Shoulder pattern on charts.
Last day selling with huge volumes indicates that there is high probability of breakdown on charts.
Watch out for Support Breakdown.
short only when 700 is broken for a targets of 650-600 with SL at 730

Comments

Sales are up, it will go up eventually. The company is very very strong, don’t under estimate it. At 700 levels it’s an excellent buy.
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