malaythakkar

TATA CHEMICALS

Short
NSE:TATACHEM   TATA CHEMICALS
Tata chemicals has given a strong up move and now the stock is trading at multiple resistances from the lows in 2018 and the resistance of 20 day moving average. The stock is at 61.8% fibonacci retracement. 4hr chart showing signs of divergence signifying loss of momentum, This can be a contrarian short trade

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