Trading_hawk

Simple Trade Setup | TATACHEM | 30-08-2021

NSE:TATACHEM   TATA CHEMICALS
NSE:TATACHEM

Observation:

1) It is taking and maintaining above 21DMA on daily time frame.
Please refer below chart.

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Trade Setup for Date 30-08-2021:

1) Don't Jump in to trade at the beginning of the market. Let it get settle for 15-20min first and judge the price action.

2) Everything is mentioned on the chart. I hope it is easy to understand.

3) All the levels will work as support, resistance, entry and exit w.r.t price action near that level tomorrow.

Please refer below chart for levels.

Hope I made it easy to understand it.

Do comment your doubt or suggestion.
Trade closed: target reached