For reference
Tata Chemical on daily chart formed Inverted Head and shoulder pattern.
Only problem is - Its lacking volume to prove the upmove.
In case of breakout then Target is 1050 and 1100.
Stop Loss - 993
Hello traders,
As market crashed, many stocks have given good downfall from ATH (All time high).
We should look at it as an advantage to accumulate fundamentally good stocks for long term.
Chemical and fertiliser stocks have also given a good retracement with the market.
TATACHEM, one of the good fundamentally strong chemical company has corrected 27% from All...
Tata Chem has broken a good support S1 and the day charts indicate a possible downtrend.
The 959-963 range looks as a good support range and can be used as a buy zone keeping stoplosses in place.
Can expect a 1-1.5% move upside.
Stock Name - Tata Chemicals Limited
Ichimoku Cloud Setup :
1). Today's close is above the Conversion Line
2). Future Kumo is Turning Bullish
3). Chikou span is slanting upwards
All these parameters are showing bullishness at Current Market Price
and more bullishness AFTER crossing 1200
#This is not Buy and Sell recommendation to any one. This is for...
Tata Chemicals (Weekly)
1. Stock is making Flag and Pole Pattern
2. Positive crossover in 5,13 days Exponential moving Average
3. RSI above 60 levels
4. Took support from 13Days Exponential moving average
Tata Chemicals(Daily)
1. Closing above 1195 can be a good buy
NSE:TATACHEM
#NSE:TATACHEM shared and it bagged 22k profit, wish everyone bagged good money.
Do follow and like for regular market analysis.
Other 7 More stocks which I shared were blasted today, do check my signature for complete details.
Happy LEarning !!
according to trends this result is outcomed. strictly personal analysis required. no tip. i am not sebi registered ... Stocks can zoom upto 1350 easily upto end of march month
