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malaythakkar
May 8, 2020 5:39 AM

TATA CHEMICALS Short

TATA CHEMICALSNSE

Description

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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