TATACHEM trade ideas
Tata Chemical - Beauty of Price action analysisNo words only chart readings.
Not traded - doesn't matter :)
Analysis - on point :)
Lets see what story we see in future now :)
TataChem Daily chart AnalysisTatachem Daily candle has broken a TL but it should close above 750 for a positive upside view for a good swing trade.
LONG TATACHEMBreakout in Triangle pattern
TARGET 2 : 830
TARGET 1 : 790
STOPLOSS : 687
DISCLAIMER : We are not SEBI registered investment advisors. Consult with your financial advisor before initating any trade. We are sharing this analysis for educational purpose only. I may or may not hold any position in underlying security.
Triangle PATTERN tatachemicalTriangle PATTERN BREAKOUT on daily chart
And Weekly up Trend
Happy LEARNING
TATACHEMICAL BULLISH TARGET 800Retest the support two times now going to fly. Note this idea is for educational purpose only
Trade Opportunity in TATACHEMDisclaimer : Sharing this analysis for educational purpose only. I may or may not hold any position is the underlying security. This is not a recommendation to buy / hold / sale the stock. Consult with your financial advisor before initiating any trade.
TATA CHEMICALSTATATA CHEMICALS
DAILY CHART BULUSH TREND
BULLISH TREND OF EMA
BULLISH RSI @ 60.29
GIVEN TRANGLE PATTERN BREAK OUT
AND ITS LOOKES BULLISH COMING DAYES COZ THEY R INCREASING CAPACITY
SO DEFINATLY THEY WILL GET GOOD BENIFT IN BALANCE SHEET TOO.
BUY @ CMP 746
TARHET @ 822++
SL @ 712
Tata chemical - rally already startedBoth in daily & hourly Tata chemica- successfully retested
#symmetrictriangle
Breakout alert ahead.
Self explanatory chart.
For educational purpose only. I am not a sebi registered expert. Trade at your own risk. Feel free to text & Share your views.
TATA CHEMICALSIF IT CLOSES ABOVE THE TRENDLINE YOU CAN LOOK FOR BUYING OPPORTUNITIES.TARGET-785-790. STOP LOSS-710. REWARD OF RISK RATIO ALSO FAVOURABLE.
TATACHEM Positional view !!!TATACHEM : cmp : 708.55
After a significant correction its trying to break out.
Above 716 it may go upto 820.
Conditional buy : above 712
TGT 734/752/768/794
Sl 690 clbs
Positional TGT 824
Positional SL 672 clbs
Accumulation zone 674-684
Disclaimer: Ideas for learning Only.
Learn Regularly. Not occasionally.
TATACHEMICALS - Pushing for an upmove TATACHEMICALS - showing upmove from here. Could test 800 if a strong buying session happens for a day.
[ Intraday ] TATACHEM Short Betr : R ratio is 1 : 2
Rest as per Charts
Note -
One of the best forms of Price Action is to not try to predict at all. Instead of that, ACT on the price. So, this chart tells at "where" to act in "what direction. Unless it triggers, like, let's say the candle doesn't break the level which says "Buy if it breaks", You should not buy at all.
=======
I use shorthands for my trades.
"Positional" - means You can carry these positions and I do not see sharp volatility ahead. (I tally upcoming events and many small kinds of stuff to my own tiny capacity.)
"Intraday" -means You must close this position at any cost by the end of the day.
"Theta" , "Bounce" , "3BB" or "Entropy" - My own systems. Please refer to the link to my footer and explore further if You want.
=======
I won't personally follow any rules. If I "think" (It is never gut feel. It is always some reason.) the trade is wrong, I may take reverse trade. I may carry forward an intraday position. What is meant here - You shouldn't follow me because I may miss updating. You should follow the system I share.
=======
Like -
Always follow a stop loss.
In the case of Intraday trades, it is mostly the "Day's High".
In the case of Positional trades, it is mostly the previous swings.
I do not use Stop Loss most of the time. But I manage my risk with options as I do most of the trades using derivatives.
I also do my trades live, Please refer to the link to my footer if you want to tail me.
=======
