srikartiram

TATACHEM | Flag range breakout - Looks 50% and above is possible

Long
NSE:TATACHEM   TATA CHEMICALS
TATACHEM | Flag range breakout - Looks 50% and above is possible

CMP : 812
Support : 700
Target : 1100

For short term we can keep the SL below 780

Since we are in uncharted territory and taking the entry only based on chart patterns / technicals its advisble to hold atleast for 1:3 risk reward

Comments

should we wait for retracement??
+1 Reply
Time frame
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sir hdfc life and m&m fin pls post your view
Reply
This idea seems to fail after market crash happened. Your view on it?
Reply
srikartiram jaspreets8
@jaspreets8, Yes the breakout failed dint sustained. Looking forward to 710 for another swing. Lets see how it goes
+1 Reply
nil00072010 srikartiram
@srikartiram, you got it bro on 22/04 it came down and retest support at 710 and boom 790
+1 Reply