Tata Chemical- Bull run is not overTata Chemical is paused at 780 levels. If it breaks the resistance of 800 then a long term target can be placed at 1000 levels with a stop loss of 710 which also deemed to be strong support. We can even wait for the stock to perform a retest at support levels to buy it at a discounted price.
Search in ideas for "TATA"
Tata Motor have two possibilities Tata Motor have two possibilities from the current market price
Daily Chart Pattern
Nice Risk to reward ration Setup Prepare
Stop loss should be below 285 daily close basis
I am not a SEBI registered adviser. All the information provided by me are for educational/informational purposes only. Never invest more then 2 % Capital In Single trade. Trade on your own Risk and analysis
TATA ELXSI Symmetrical Triangle BreakoutTATA ELXSI Symmetrical Triangle Breakout
Target- 3350/3400
SL- 2755
A symmetrical triangle chart pattern represents a period of consolidation before the price is forced to breakout or breakdown. A breakdown from the lower trendline marks the start of a new bearish trend, while a breakout from the upper trendline indicates the start of a new bullish trend.
It is also Forming Bullish Pennant on Daily Chart.
Pennants are continuation patterns where a period of consolidation is followed by a breakout used in technical analysis.
TATA MOTORS READY FOR MOVESTATA MOTORS
Looks good on Monthly chart.
Trying to break resistance.
If it breaks resistance then we can expect first target as all time high.
Weekly chart also supporting from last support levels.
Will updated if we see proper opportunity for going long.
First fib levels of 294 should act as good support.