LONG ON TATA CHEMICALSTata Chem has made an ATH on 24/9/21 and this stock can continue to trend up!
Potential swing trade!
Tatachemicals
Tata chemicals reversal setupTata chemicals has recently broken its all time high and is also sustaning above the high
A pullback was needed for further rally . Applying harmonic patterns we get a bullish gartley pattern and tata chemicals is showing no lower lows can be one sign of reversal.
Second confirmation can be swing high breakout and another confirmation is trend line breakout
Simple Trade Setup | TATACHEM | 30-08-2021NSE: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.
Tata Chemicals - Potential Pullback candidateTata Chemicals is making a good pullback to the BO zone. Price had formed a base of over 100 trading sessions following which it made a Runaway Gap Breakout on huge volume. The volume has significantly dried up during the pullback. The Gap will act as a support and there is a high probability that stock may resume it's upmove.
TATA CHEM || SHORT TIME FRAME ANALYSISNegative Reversal Indications:
1) Shooting star & series of Doji's at top.
2) RSI Negative Divergence
3) Gap filling pending. Zone - 780-790.
TATACHEM - Intraday ViewTATACHEM has given very good upside momentum. May Take Pause And Retrace a bit.
TATACHEM Bullish Trend Analysis TATACHEM
1. bull flug pattern formed up move price movemtum
2. flug pattern breakout and inside rising wedge patten breakout done.
3. over all bullish sentiment stock
4. red colour resistance line target 1 and break the resistance confirmation second level target
#TATACHEMICALS bullish kicker pro gap
#TATACHEMICALS bullish kicker pro gap with good volumes on daily hit the previous resistance zone.Earlier weekly momentum bullish divergence met target levels and a bearish momentum divergence could be potential concern for being cautiously bullish if it breaks out further .
Simple Trade Setup | TATA CHEMICAL | 09-08-2021NSE:TATACHEM
Simple Trade Setup for TATACHEM for 09-08-2021.
Chart and levels are easy to understand. After bullish move it has been trading in parallel channel. Break on either side will give a move to take quick trade.
Do comment your doubt or suggestion.
tata chemicals looks good next weekit looks it will reach 799 by next week (week starting 5th July 2021 and ending 9th July 2021 due to momentum it gathered in last trading.
on 2nd July 2021 it closed at 767.70
will maintain stop loss of 730
note this stock is good for long term as well.
watch out for next week and dont forget to read disclaimer.
other technical parameter which supports buy
macd (12,26)
adx (14)
cci (14)
roc
bull/bear power
highs/low
disclaimer: this is for educational purpose, buy or sell this stock at your own risk
Tata chemicals is taking a pull back after a breakoutTata chemicals had a bullish pennant pattern. Trend lines of pennants eventually converge forming a triangle. Breaking-out the upper trend-line and it took a pullback to the key resistance which became the support zone now. IF IT BOUNCES BACK FROM THIS SUPPORT ZONE, then it can be considered for a swing trade, keeping the stop loss below this zone. Aim the next important levels which I have marked with horizontal lines.
PS: The current market sentiments (global and domestic) is a bit bearish because of the delta variant. So be cautious. Trade wisely.
PPS: I am not a SEBI registered advisor. Enter in trades after reaching out to your advisors or at your own risk.
Tata Chemicals - Coming out of consolidation soon!Key Highlights:
1. Bullish market structure
2. Trendline breakout
3. Price moving in a channel
4. Major resistance: 735
5. Support zone: 675-695
6. Target: 757, 797, 833
7. Stop loss: 690
You are always advised to use an appropriate Risk-Reward ratio as per your strategy.
P.S: This is NOT investment advice. This chart is meant for learning purposes only. Invest your capital at your own risk.
Tata Chemicals Trendline Breakout with Good Volume (Bullish)Buying Opportunities
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1. If Price Come for Retest We can buy @732 Levels
2. If Price Break 770 level and sustain We can go Long upto 790 levels
3. If Price Break 790 levels with good Volume and if price Sustain above 790 levels then We can Go long upto 830 levels.
4. chances of Raise upto 1060 levels.
>> Always Enter With good confirmation & Maintain proper Risk Reward.
******* Knowledge Purpose only ******** This is my view about Stock/Indices Based on Technical analysis & Price Action .The market cannot be accurately predicted or completely controlled, no investment is risk-free.
>> Visit My Ideas Page for Daily Stock Analysis and check my previous stock analysis performance. I usually prefer Swing & Intraday Trades with Good Breakout confirmations and Best Risk Reward Stocks.
Wait for retest of breakoutThe price has given a breakout from a downtrend and also from a resistance zone. Now this is a huge breakout in a day. Ideally price should lose momentum reaching to resistance zone and then give a breakout. So here we will let the price test this zone (pullback) and then buy once the uptrend is confirmed.
Tata Chemicals - Bullish BreakoutTatachem had its bullish breakout from a triangle pattern, so give an entry with appropriate Stop loss
🔴DISCLAIMER
***** It's just for an educational purpose and so you must also follow your own technical analysis before taking up the trade ******
Aggressive traders enter at the breakout and conservative traders may give entry after retracement (Retracement is optional, we cannot expect every stock to take a retest after the breakout, it may also continue to have its bullish pressure after the breakout)
After reaching our targets, trail your stop loss to get maximum profit from the stock in a single trade
Tata ChemicalTata Chemical - Cmp 744
The stock is giving a breakout from the triangle pattern with good volumes. If sustains possible targets would be 792/833.
Tata Chemicals Trend Line BreakoutPositional Trade: Tata Chemicals has broken out of a falling trend line.
Buy: TATA Chemicals
CMP: 754
Target: 825
Stop Loss: 725
Holding period: 1 Month
Long on Tata Chemical First Target -790, Second Target 801As per fibonacci retracement and chart analysis Tata Chemicals is highly bullish and will reach targets of 790 and 801 in July.
Long in chunks for heavy profits.
Volume is also in favour of Tata Chemicals as you can see from the Vol Line Price Action.
TATA CHEM 🧪👨🔬⚗️🔬Heikin ashi trading strategy is used in Daily candles for short, expected to reach lower chord
Take trade as per the values given in Fibonacci. always trail the stop loss. do your own analysis before taking trade
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Check these successful trades & approach on HDFC , HINDUNILEVER, INFOSYS , MOTHERSUMI , DLF , BRITANNIA
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Tata chemical - towards bottom chordLooks good for a quick option.
Take trade as per the values given in Fibonacci. always trail the stop loss. do your own analysis before taking trade
Check these Upcoming ideas - STILL ACTIVE
Check these successful trades & approach on Britannia , Mothersonsumi , DLF , Biocon , Daawat , Infosys , HBL power , HDFC life , Hind ZINC given below
If you like my analysis do like & follow me as a token of appreciation. If you have any queries on any stock let me know.
Leave a comment that is helpful or encouraging. Let's master the markets together
TATA CHEMICAL ABOUT TO EXPLODEThe stock is trading in a Triangle Pattern and may break this soon. One can take a trade wherever this pattern breaks for the marked targets on the chart.
Happy Trading!
InvestPro India Team
Tata Chem - Long. Target - 874This is not a trading advice. This is just an idea. Trade on your own risk, I'm not SEBI verified.
Buy at 815
Target - 874, 900, 915.
SL - 790.
Fundamentally strong company. Hold for at least a month.
