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.
NSE: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 Limited is an Indian global company with interests in chemicals, crop protection and specialty chemistry products headquartered in Mumbai, India.
CMP: 944.05
Target: 976-1003
In Tata Chemical Sideway trend completed also given breakout and form 1st Elliott Wave. Best for Long term.
For Intraday On 31st Jan 22 Watch opportunity to buy. ( Must...
NSE:TATACHEM
Trade Setup for Date: 04-01-2022
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.
4) Avoid...
NSE:TATACHEM
#TATACHEM trading bullish and reached to support level.
All the levels mentioned on chart.
Interested can reach me for the levels !!
Have shared Friday levels and results, beginners may have look on it for practice.
Happy Trading !!
Already in a very strong uptrend , pullback is completed now;
1. Back to it's old resistance , where it took good support. ( 880-890 ) levels.
2. Formed a good morning star at support.
Buy price : 925-930
Stop Loss : 875
Target 1143+
A great risk to reward ratio of above 4.
Disclaimer : This analysis/strategy is only for educational purpose and not be...
Stock made a base at 880 price. Today's momentum is showing good bullish sentiment suggesting further upside potential. Support is at 880 & stock can see resistance at 980. Setup will be invalidated if crosses below 870.
NSE: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...
After opening huge gap up after the results it came back to that level and now it is taking a support. If it breaks the range then it can be very good swing trade.
Comment down your thoughts.
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
![TATACHEM: Simple Trade Setup | TATACHEM | 04-01-2022[INTRADAY]](https://s3.tradingview.com/7/76WqVNQi_mid.png "Simple Trade Setup | TATACHEM | 04-01-2022[INTRADAY]")
