For reference
Tata Chemical on daily chart formed Inverted Head and shoulder pattern.
Only problem is - Its lacking volume to prove the upmove.
In case of breakout then Target is 1050 and 1100.
Stop Loss - 993
Tata Chemical on daily chart formed Inverted Head and shoulder pattern.
Only problem is - Its lacking volume to prove the upmove.
In case of breakout then Target is 1050 and 1100.
Stop Loss - 993
Trade active:
Trade is active. Breakout done.
Should close above 1015 for momentum to continue.
Should close above 1015 for momentum to continue.
Trade active:
Revised stop loss 997 which is low of breakout candle.
The breakout range stop loss os 1006.
The breakout range stop loss os 1006.
Comment:
First target of 1050 is done.
Trade closed: target reached