Hello friends after a long time , I am Again Back with a New Idea, So Today we are going to Talk about Tata Chemicals Ltd . As you Know its a Chemical Company . So on 1 Day Chart it is making a "Head and Shoulders Pattern". If i Talk About Targets , So Targets will be :- 600 Rs . So Now Lets Talk About Support and Resistances . So from Its Pivot Points .So its Support Is 640 Rs and 535 Rs if Rare Case Happens and it goes Down so they can becomea Support .Resistance is 720 Rs . Volume has too much Volatility in Negative Side , Rsi is also in Bearish mode and Price is also going Down . So From my Opinion it can go "Down" . PIease Like because we are havinga shortag of Likes . If you have any Doubt Related to This Idea , This Stock or any other Stock . You can comment me Below . And If You Have any Advice For Me Just write it Down . And also write your opinion on this stock . Stay Safe . Thats all For Today . Bye Bye For Now . 👍
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so according to you what will be target price of tata chemical for may expiry
latanewhp
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yes true we should
saugatc91
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What is view now?
TECHDARSHRESEARCHER
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I Think It Will Go And Touch The Neckline And Then May Be Go Down. Thank You
deviinderg
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Does your view still hold after todays upmove post removal from FO Ban
MAYANKTECHRESEARCHING
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Yes ,Because one or to time the stock touches the neckline of Head and Shoulder . and if it breaks the neckline and goes up and breaks the 20 day ema than it means the Head and Shoulders Pattern Failed and now the Stock will go up . Make Sure You Follow us