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.
Tatachemshort
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.
TATACHEM SHORTI hope you can now see how TATACHEM represents an excellent low risk profit entry setup allowing you to trade in the market.Take positions so that the risk/reward is in your favor.
Knowing why, where & when a strong reversal signal is being generated will be the only way to capitalize on your technical analysis .
Disclaimer: It should not be assumed that the methods, techniques, or indicators presented in these chart will be profitable or that they will not result in losses. There is no assurance that the strategies and methods presented will be successful for you. Past results are not necessarily indicative of future results. You should not trade with money that you cannot afford to lose. Examples presented in these charts are for educational purposes only and it should not be assumed that these are indicative of ordinary trades. These setups are not solicitations of any order to buy or sell. The publisher assume no responsibility for your trading results. There is a high degree of risk in trading.
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.
-------------------------------------
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.
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.
------------------------
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.
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 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
Check these Upcoming ideas - STILL ACTIVE
Check these successful trades & approach on HDFC , HINDUNILEVER, INFOSYS , MOTHERSUMI , DLF , BRITANNIA
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 - 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
TATACHEM- Analysis Buy Sell LevelsTATACHEM
Buy - Above 736
SL - 720
Target - 750 770 800 830 850
Aggressive Long Should Be Taken Above ATH
TATACHEM
Short - Below 670
SL - 695
Target - 600 500
Note:- I am not SEBI registered . All Views and trade setups are my personal view and my personal trade setup.
Do follow us
Like Us
Share with fellow traders
Also check the below related ideas for other stocks.