Dr_Sandesh_Kedia

Sell Tata Chemical for the target of 790

Short
NSE:TATACHEM   TATA CHEMICALS
Sell Tata Chemical for the target of 790
Keep SL at 845.
Gap filling expected.

Comments

It seems that the inverted head and shoulder pattern is broken out with a bang! Instead of going down, it might go up with great force.
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Do gap fills always happen...Also is your view affected by the fact that there was a sell off from 845 odd levels which created a long wick in the daily chart indicating that sellers are active there
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