bhagyeshbadarshahi

TATACHEM - Swing Trade Upward Bias

Long
NSE:TATACHEM   TATA CHEMICALS
After a period of consolidation, TATACHEM is ready for Up move towards higher levels.
Chart Pattern - Pennant Formation , Channel Breakout
Good Volume seen on 28th May Daily Candle

Swing Trade can be taken as follows:
Buy only Above 720, Stop Loss 685
TGT 1 - 795 (10.5%)
TGT 2 - 855 (18.8%)
TGT 3 - 895 (24.3%)

Comments

These target are for June ?
Reply
@anketghosh, No, there is no certain timeline. Swing trades can always be taken with trailing SL.
Reply
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