Tatachemical
TATACHEM - Monthly high tested multiple times - Market MattersContinuously testing the the level. Look for breakout above 326
Note:
Avoid the stock if a big gap up or gap down is seen
Enter after the breakout happens and not before it
Do not chase the market, i.e., do not get involved in late entries
Only enter with strict stop-loss and target
This is not a recommendation and is for educational purposes only.
always follow risk-reward and quantity management for the 100% of the times
The above mentioned idea may not work, so beware of the risk you are taking
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Happy Trading!!
TATACHEM - by Market MattersTrading in a small is a clear cut indication of consolidation followed by a breakout. A BIG BREAKOUT...........
Note:
Avoid the stock if a big gap up or gap down is seen
Enter after the breakout happens and not before it
Do not chase the market, i.e., do not get involved in late entries
Only enter with strict stop-loss and target
This is not a recommendation and is for educational purposes only.
always follow risk-reward and quantity management for the 100% of the times
The above mentioned idea may not work, so beware of the risk you are taking
Follow me to Learn and Earn with me.
Happy Trading!!
#Oct13 - TATACHEM (intraday)The stock has been trapped in a channel for a long time. So wait and trade the breakout at these levels :-
Buy above 305
Sell below 298.9
Note:
Avoid the stock if a big gap up or gap down is seen
Enter after the breakout happens and not before it
Do not chase the market, i.e., do not get involved in late entries
Only enter with strict stop-loss and target
This is not a recommendation and is for educational purposes only.
always follow risk-reward and quantity management for the 100% of the times
The above mentioned idea may not work, so beware of the risk you are taking
Follow me on tradingview to get such intraday and swing picks everyday.
Happy Trading!!
tata chem watch out for break out the price tend to bounce at 293 support as this proved to be strong support in the recent times.
second support is 273 points. as the current market condition is good for chemical and pharma we can take a call in the dip.
Disclaimer Note: the above views is only for study and analysis purpose.
Trade at your own risk.,
Tatachem stock for long entryStock of Tata chemcial is now trading above the 20 EMA level & can be taken long entry after the BO @ level of 302 Resit.line for the next target price of 310 with the SL of 298. RSI is also getting the strength & good +VE divergence has been see. So add the stock in your watch list to see the price action movement of the stock.
Always do trading as per your Reward to Risk ratio means Never risk more than you can afford to lose on a single trade. Please keep patience & wait for the levels means Sit and wait for the right opportunity. Request to like & follow for more such ideas of technical analysis learning.The idea sharing is for educational purpose only. In case any suggestion advice required feel free to ask.
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