TATACHEMICALS short term idea TATACHEMICALS looking for breakout, it can breakout any side please watch with price action, enter after breakout
Tatachemintraday
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
Tata Chemicals : Swing Buy, Buy for IntradayTata 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 watch Bullish Candlestick Pattern, Stop loss as per Candle Stick Pattern)
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Simple Trade Setup | TATACHEM | 04-01-2022[INTRADAY]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 gap up or gap down chase. Wait and trade between levels.
Please refer below chart for levels.
Hope I made it easy to understand it.
Do comment your doubt or suggestion.
Note: Trade with Strict SL. It may or may not hit all the levels. So one can book profit / loss at respective level considering how price action works near that level.
Simple Trade Setup | TATACHEM | 23-12-2021 [INTRADAY]NSE:TATACHEM
Observations:
1) On 1day time frame, it is between 100DMA and 200DMA.
Today it rise after going near to 200DMA.
200DMA will be major support. Good upmove only on sustainable breakout of 100DMA.
200DMA is placed at 818.28
100DMA is placed at 893.52.
Please refer below chart : 1day Time Frame.
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Trade Setup for Date: 23-12-2021
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.
4) Avoid gap up or gap down chase. Wait and trade between levels.
Please refer below chart for levels.
Hope I made it easy to understand it.
Do comment your doubt or suggestion.
Note: Trade with Strict SL. It may or may not hit all the levels. So one can book profit / loss at respective level considering how price action works near that level.
Simple Trade Setup | TATACHEM | 13-12-2021 [ INTRADAY ]NSE:TATACHEM
Observations:
1) On 1day time frame, it is between 50DMA and 21DMA.
50DMA is immediate resistance. Once it sustain above it then it will be immediate support.
21DMA is immediate major support at this time.
21DMA is placed at 909.47 and 50DMA is placed at 942.96 level.
Please refer below chart : 1day Time Frame.
2) On 1hr time frame, we can see it gave breakout of inverse head and shoulder pattern.
Neckline range of this pattern is 920-923. Which will work as immediate support.
Please refer below chart : 1hr Time Frame.
3) On 15min time frame, we can see that it was trading earlier and making higher high and higher low. And also making bullish flag and pole pattern. But on 10-12-2021, it made lower high and lower low.
If this pattern will get active as flag of the bullish pole then on breakout of this flag we can see upmove. Otherwise it will consolidate or give downmove.
Please refer below chart : 15min Time Frame.
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Trade Setup for Date: 13-12-2021
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.
4) Avoid gap up or gap down chase. Wait and trade between levels.
Please refer below chart for levels.
Hope I made it easy to understand it.
Do comment your doubt or suggestion.
Note: Trade with Strict SL. It may or may not hit all the levels. So one can book profit / loss at respective level considering how price action works near that level.
