Hammer in TATACHEM, 1DNSE:TATACHEM formed hammer and gave closing above it.
Entry : 1045
Target : 1075
SL : 1019
RR : 1.15
Tatachemical
Long Setup in Tata Steel LongA bullish flag & pole Chart Pattern Breakout completed on the Daily Time frame of NSE:TATASTLLP
Price Action nees to be supported by volume.
The stock is currently in uptrend making higher highs and higher lows.
One can add this stock into their stocks to buy list and initiate the long trade as per the levels mentioned on the chart
Stop loss will be on a weekly closing basis.
Trend Analysis :- UP Trend
Chart Pattern :- Bullish flag & pole Chart Pattern
Technical Indicator :- Positive MACD Crossover
TATAMETALI may consolidate/fall for a whileI am not holding
Disclaimer: This analysis is solely for educational purposes and does not make me a SEBI registered analyst.
If you found this analysis helpful, I encourage you to like and share it. Your observations and comments are also welcomed below. Your support, likes, follows, and comments motivate me to consistently share valuable insights with you.
🔍 More Analysis & Trade Setups 🔍
For more technical analysis and trade setups, make sure to follow me on TradingView: www.tradingview.com
Long Tata Chemicals - Target 1100For 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
Buy TATACHEM @ 1000"Delivery Idea 22-06-23
TATACHEM (CMP: 999.25)
Buy Price: 1000
SL Below: 970
Target: 1050"
Tata Chemical AnalysisTata Chemical Analysis. How to read the levels and current candles for stock analysis.
Bullish TATA ChemicalPlease follow the highlights in the Image
For educational purposes, I'm not a SEBI registered person.
Breakout Analysis on TATA Chemical. Tata Chemicals had a strong breakout with a huge candle on the weekly closing day.
Tata Chemicals was in a 9-month rectangle symmetric pattern and recently broke out with good volume.
While it has potential to reach its resistance, it's better to wait for a slight correction or retracement before entering. If it comes back to the breakout area, that would be an excellent time to consider entering. If not, we'll monitor if it sustains above the breakout level, and if it does, it's a green signal. Our entry strategy will have a 1:1 risk-reward ratio, as shown on the chart.
Not a recommendation.
tata chemicals will make a run for it a impulsive wave 3 ill begin soon in tata chem its a multi bagger for me
Tata chemical to take longLong Tata chemical above 1045 for the target price of 1190-1200+ with SL of Rs 975. Below are the factor to take long trade..
1) Resistance BO can be seen.
2) RSI crossing above 60
3) Taking Trend line support.
4) EMA level support.
5) Ascending Triangle
TATACHEM SHORT 15 MIN on a larger frame tata chemical has been within a range however on 5-15 min frame it has already given a short entry last week. However Entry, SL, Tgt points are mentioned on charts which are derived from FIb tool to avoid any random Target or SL as per us. The key here is that I am using fib tool after my experience that you should not place SL/TGT as per your thought process but as per the chart requirements.
TATA CHEMICALS 1D TF LONGStrictly wait for 1D candle close and also watch out for wicks once gives confirmation it can give good momentum.
Please do check out my previous analysis and also do follow me for more such trades
Tata Chemical LONGNSE:TATACHEM
1. Its price is at important 50% Fibonacci retracement level.
2.Channel Breakout + Retest
3. Consolidation of more than 195 days ( Bigger the consolidation , Bigger the breakout )
4. Enter again if SL hits , As the market is -ve , it might fall for more 1-2% . But Risky traders can enter now itself.
TATA CHEMICALS trade setupTATA CHemicals is consolidating heavily since DEC2022 and can move in a single direction any day
* BUY above 1000-1020 levels for a target of 1140 levels
*Stock is forming a structure of rounding top hence SELL below 950 levels , target of 870 levels
TATACHEMICALS short term idea TATACHEMICALS looking for breakout, it can breakout any side please watch with price action, enter after breakout
TATACHEM head and shoulder patternTATACHEM formed head and shoulder pattern and it can go down up to 920 level.
Plan for a short position on below 953 with SL 960 and targets 943,933,920
TataChem good for short termTata Chem is looking hot for short term which can fetch good returns on the investments.
Take your own bet
intradayboth side potential
avoid first 15min breakout
wait for 15 min candle closing
targets are marked
follow risk management
do your own analysis
do workout
do meditation
start reading book
TATA CHEMICALS - 20% RETURNSBUY - TATA CHEMICALS
CMP - Rs. 968
Target - 1: Rs. 1052
Target - 2: Rs. 1155
.
.
Technicals - 1) Harmonic Pattern - Anti-Crab
2) Targets set using Fibonacci Retracements
.
.
Follow me for more!
TATACHEMTATACHEM:- The stock has given a breakout by forming a cup and handle pattern, keep an eye on the stock
Hello traders,
As always, simple and neat charts so everyone can understand and not make it too complicated.
rest details mentioned in the chart.
will be posting more such ideas like this. Until that, like share and follow :)
check my other ideas to get to know about all the successful trades based on price action.
Thanks,
Ajay.
keep learning and keep earning.
