Tatachem Bullish UpmoveTatachem is showing bullish momentum and it will atleast touch 1000,1035, 1100,1170 in short term. June/July time frame.
TATACHEM trade ideas
wedge pattern reversal in TATA CHEMICALS LTDTATA CHEMICALS LTD
Key highlights: 💡⚡
📈On 1Day Time Frame Stock Showing Reversal of wedge Pattern .
📈 It can give movement upto the Reversal Final target of above 1018+.
📈There have chances of breakout of Resistance level too.
📈 After breakout of Resistance level this stock can gives strong upside rally upto above 1160+.
TATACHEM WTFAfter analyzing TATACHEM's stock, there are indications that a potential breakout may occur in the near future
it's important to note that stock market investments come with inherent risks, and accurately predicting breakouts or price movements is challenging. It's advisable to consult with a financial advisor or conduct further research to validate the analysis and make informed investment decisions.
TATA CHEMICALS trade setupTATA CHemicals is consolidating heavily since DEC2022 and can move in a single direction any day
* BUY above 1000-1020 levels for a target of 1140 levels
*Stock is forming a structure of rounding top hence SELL below 950 levels , target of 870 levels
TATACHEMICALS short term idea TATACHEMICALS looking for breakout, it can breakout any side please watch with price action, enter after breakout
Tata Chemicals SwingTata Chemicals Swing can be taken for following reasons :
1) Stock is in monthly demand
2) Daily Timeframe is still in consolidation but we can see microstructure on daily
3) 4HR also has microstructure so it can break to the upside
TATACHEMTATACHEM made bullish butterfly pattern on an hourly charts with good volumes.
Could be bought with mentioned stoploss & target.
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
MY TOUGHTS ON TATACHEM (POTENTIAL UPSIDE MOVE )Dont go by my prediction. have your own analysis and take your trade.
Tata Chem - sellNSE:TATACHEM : Weekly engulfing bear candle exactly breaking yearly average and break down long trend line on weekly chart. May continue same down trend in short term. In comparative analysis it looks like probably head and shoulder.
TATA CHEM - #intraday Chart Analysis || 21st April,2023 #stocksAnalysis Criteria Used:
1. Please find the Chart Analysis done for the Intraday Stock Trade Idea levels for 21st April, 2023
2. The analysis for the Trade ideas, has been done based on Trend analysis and Chart Patterns with Volume Buildups
Focus On:
1. Always keeping your Risk Management in play
2. Using a Stop Loss; because it is your Best Friend
3. Always Plan your Trade and stick to your Plan
4. Dont overthink or overanalyse
5. Treat this as your Business and get serious about it
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DISCLAIMER:
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* Please do your own research and/or contact your financial advisor before taking any trading opportunities
** We will not be responsible for your profit or loss
*** We are NOT SEBI REGISTERED
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Tata Chemicals giving opportunity to enter for long termTata Chemicals Limited is engaged in the business of manufacturing and selling a variety of chemicals and agricultural products. The firm has three reportable segments – Inorganic Chemicals, Agri Inputs, and Others. The majority of company’s revenue is coming from domestic operations itself.
Tata Chemicals is the world’s third-largest producer of soda ash with a global capacity of 4 million tonnes per annum with manufacturing operations spread across India, US, UK, and Kenya.
The sharp fall in stock prices mentioned above is observed after there has been a buzz around soda ash prices. There has been a fall in soda ash prices in China since mid-March and the market, lately, reacts to unexpected news of substantial capacity addition in Inner Mongolia from May this year.
Having a quick glance at the financials of the company, the revenues and PAT figures have decreased in the recent quarters with revenues going down from Rs 4,240 crores in Q2 to Rs 4,150 crores in Q3. Net profits too went down from Rs 640 crores in Q2 to Rs 520 crores in Q3.
On the contrary, the profitability ratios have shown some improvement with ROE moving from 3.02 percent in FY20-21 to 7.22 percent in FY21-22. Moreover, the ROCE numbers shifted from 4.72 percent during FY20-21 to 7.58 percent in FY21-22.
As per the data available for the quarter ending December 2022, promoters hold a 37.98 percent stake in the company. FIIs, on the other hand, reduced their stake with the recent movement being 14.92 percent in Q2 to 14.43 percent in Q3.
Market Cap
₹ 24,016 Cr.
Current Price
₹ 943
High / Low
₹ 1,215 / 773
Stock P/E
11.6
Book Value
₹ 753
Dividend Yield
1.33 %
ROCE
8.40 %
ROE
7.58 %
Face Value
₹ 10.0
Debt
₹ 6,375 Cr.
EPS
₹ 80.3
PEG Ratio
2.64
Promoter holding
38.0 %
Intrinsic Value
₹ 973
Pledged percentage
0.00 %
EVEBITDA
7.94
PROS
Company is expected to give good quarter
Company has been maintaining a healthy dividend payout of 42.9%
CONS
The company has delivered a poor sales growth of 4.06% over past five years.
Working capital days have increased from 18.3 days to 63.0 days
Well i have done with my best possible analysis about this ticker. Now you guy's have to decide what to do, from my side it is a green signal, and will also enter if it will come in my range which is i already mention on chart. Company is good for long term, maintaining a healthy dividend payout. So if anyone wants to go long can go with given level on chart.
If anyone likes my work then please support me by like, follow and comment.,
Thankyou:))
TataChem good for short termTata Chem is looking hot for short term which can fetch good returns on the investments.
Take your own bet
STRONG CHARTSChemicals are most likely to make a move
the stock tested support and is now near a breakout area
The monthly chart looks truly good here with support intact
it is likely to test Life time high in months to come
TATACHEMTatachem made 3 candle reversal pattern on daily charts & its confirmed it by breaking day before yesterday's high of 983.
Could be bought with mentioned stoploss & target.
#Tatachem cash : Looks good around 990-1000#Tatachem cash -Positional call
10 April 2023
Looks good around 990-1000
Stoploss 970
Tgt 1035-1040/1080
Cmp 1003.65
Triangle Breakout in TATACHEM Breakout in TATACHEM, we can buy at current level with SL @ 960 on daily TF closing basis. TGT1 : 1013 TGT2 : 1040
Note : It's your hard earned money always trade with SL, I'm just sharing my analysis
intradayboth side potential
avoid first 15min breakout
wait for 15 min candle closing
targets are marked
follow risk management
do your own analysis
do workout
do meditation
start reading book
TATA CHEMICALS - 20% RETURNSBUY - TATA CHEMICALS
CMP - Rs. 968
Target - 1: Rs. 1052
Target - 2: Rs. 1155
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Technicals - 1) Harmonic Pattern - Anti-Crab
2) Targets set using Fibonacci Retracements
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Follow me for more!
intradayboth side potential
avoid first 15min breakout
wait for 15 min candle closing
targets are marked
if the breakout comes after 10:00 am then the probability of winning will be more.
follow risk management
do your own analysis
do workout
do meditation
start reading book
TATACHEM Short SetupAttached: Daily Chart as of 14th October 2022
- Triangle in (B) Wave has completed
- Triple Bearish RSI Divergence
- Flat to Down Tilt in 20 DSMA
Stop Loss above 1080
Target 🎯open to Lower Bollinger Band/ 1050📉
TATACHEM short at CMP 10061. Taken multiple support and making lower high
2. Intraday levels Target below 1000 and 995.
