reentry Tata chem around 600Tata chem DD+ channel broken out
ac entry was 500
now target as per pol n flag is 780
best entry at retest of channel anywhere on price or rsi
TATACHEM trade ideas
Tata Chemicals Ltd Long @ Rs. 780 or belowEntry 780
Target New All time High
SL 714
Stock is trading at CMP 783, stock is in strong uptrend. Buy and hold for 4-6 weeks.
Disclaimer: author may enter in trade, take your own decision , This is an trading idea not an trading or Investment advice.
NSE:TATACHEM
TATACHEM SELL BELOW 730Tata chem Sell below 730 for target 635 and 600 Trendline and Fibonaci retracement drawn.Thank You
Tata ChemicalTata Chemical Trend in Place, after a pull back price is trying to move higher, in 2nd pullback through bearish candles are wide in range but look at volume it much lower than the volume are at the time of price try to move higher,
Also after new BO, VCP in formation
overall looks super bullish
tata chemicalTATA CHEMICAL making flag pattern after inverted H&S breakout so wait for the consolidation it will give up move.
Target 4 (107%) also achieved. Let market decide exit. Trade ON.This is follow-up on Tata Chemical. Can check link to related ideas.
Target 4 also achieved. More than 107%. Let market decide exit. Trade is ON.
Chart is self explanatory. Entry, Targets and Trailing Stop Loss are mentioned on the chart.
Disclaimer: This is for demonstration and educational purpose only.
Target 5 (120%) also achieved. Target 6 is ON.This is follow-up on Tata Chemical. Can check link to related ideas.
Target 5 also achieved. More than 120%. Let market decide exit. Target 6 is ON.
Chart is self explanatory. Entry, Targets and Trailing Stop Loss are mentioned on the chart.
Disclaimer: This is for demonstration and educational purpose only.
Tata Chemical both possible scenariosIf the price breaks 792.10, then it will form a new buy zone and enter on the pullback. If it breaks 722, then it will go till 487 after retracing back to nearby 770, this will be a swing short. And when if it reaches to 487, it will shoot up to take out 792.
SellShooting star type pattern is formed which has got a follow up candle with low volume. Negative divergence is already there. Sell if price breaks 738 with sl abv 775 for target 1-675 . Will update target 2 and 3 later
TATACHEM accumulatingTATACHEM seems to be accumulating , it will will soon gain its upward momentum soon
[HP] Tata Chem Short IdeaNote -
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.
=======
TATACHEM chart analysis for 1st Mar 2021 [READ THE DESCRIPTION]TATACHEM chart analysis for 1st Mar 2021
READ THIS: NONE of the analysis has failed so far. I am posting 10 a day. You can check the history.
1. Check the levels and analysis.
2. If you are new, trade in low quantity or trade with virtual currency: https://trading (DOT) kaivalya (DOT) digital.
3. If (or when) the stock moves 50% in our direction, start booking partial profits. This is very important as the stocks, a lot of times, show a reversal.
3. After the day ends, come back and play back the candlesticks , if you haven't traded. Check if the levels hold.
4. Hit that like button and comment if you find the analysis is holding.
