Inverted head and shoulder pattern in TATACHEM.Stock Name: TATACHEM
Chart Pattern: Inverted head and shoulder pattern
Time Frame: 1 Hour
Entry: @815-820
Targets: 855+
Trade ideas
TATA CHEM TARGET UPDATE 29-6-2022One can look fresh in range 780-810 for upside 900-950 med term with SL 700..!!!
TATACHEM is at strong support pointTATACHEM is at strong support zone which is being tested many times.
Let's watch closely.
LONG ON TATA CHEMICALNSE:TATACHEM
t is SWING TRADE for more than 10 days.
The stock has come to its daily support zone . the zone is from 770 to 780.
As a trader we should cumulate stocks around this prices. A stop loss of 765 should be placed
A target 1 is 890 and target 2 is 950 which is 20%.
These a fib recrement ratios .618 is 1 target and .312 is 2 target
Trade will begging only after a pullback.
This is educational purpose.
Tata checmical looking short intraday trade.SELL Tata chemical @ 801 SL 797-795-793 SL 806. Stock forming negative structure. Short intraday trade ideas only.
Tata chemical in this stock we can go for long position or take a swing trade with small SL of week low
Trading @ Support ZoneTATA Chemicals is trading at its major support zone. It can go down if it beaks this support zone in down side.
If not then bullish move can be expected. But the overall sentiment of the market is bearish.
Disclaimer: This is for educational purposes only.
TATACHEM @ Support !!NSE:TATACHEM
#NSE:TATACHEM trading @ key support and BD confirmation may show good fall.
Happy LEarning !!
Monday Tata Chemical Stock Price Action One of the best stock of the tata branch that is tata chemical in this stock the one of chart pattern and price action is created that named is is Symentrical Triangle ..............
*CONCLUSION* :- When the price will break that trend line then you can buy or sell option of that stock or trade in intraday .....
TIP:- YOU MAY ALSO USE ONE OF CONFIRMATION OR INDICATOR ...............
Short TatachemStock Name: #tatachemicals
Action: Sell
Entry: 958.80
SL: 989.60
Target: 856.20
NSE:TATACHEM
Tata Chemichals - NeutralWait for some retracement before go long. All the drawings appearing in the chart are self explanatory. Nothing wrong in the chart.
Buy around 1000 with SL DCB marked above.
Rationale for waiting, if cant wait and have FOMO then but at CMP.
1. Volume noted in the first breakouts attempts was 21MM roughly, this time it is 13MM. Breakout with lesser volume.
TATA Chem ready to FlyTata chemical is forming very good pattern clearly showing price action formation. Support from this level and bounce will be a good short to mid term trade.
Disclaimer: This study is for educational purpose only & is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
Long TatachemStock Name: #Tatachem
Action: Buy
Entry: 1051.10
SL: 1006.90
Target: 1183.30
NSE:TATACHEM
TATA CHEMICAL -- POSITIONAL -- MAY 2022TATA CHEMICAL - POSITIONAL PICK -- MAY 2022
DAILY CHART Bullish Technical indicators
1. Resistance line breakout seen on Daily chart around 1015-1020 level
2. Trendline Breakout seen around 1000 level
3. stock currently trading at 1032 level BUY level Between 1015-1030 can be placed with stop loss 950 and target 1075-1150 + IN short term position 1-2 month time period
4. WAVE TREND seen bullish
5.DAILY RSI seen BULLISH at 61.3 which can be continue bullish momentum in next sessions.
6. MACD ABOVE center and signal line
7. Above 20,50,100,200 SMA
8 overall technical indicators are strongly bullish at present .
** THIS IDEA IS FOR EDUCATIONAL PURPOSE .. ** TRADE AT OWN RISK !
HAPPY TRADING !!
LONG position in TATACHEM1. ON weekly chart, TATACHEM is breaking out ( with a gap), RS is already touching new all time high so its a leading stock. 2. EXIT STRATEGY: trailing stop loss on 188m chart of supertrend.
TATACHEM blasted with 22k Profit !! CheckNSE:TATACHEM
#NSE:TATACHEM shared and it bagged 22k profit, wish everyone bagged good money.
Do follow and like for regular market analysis.
Other 7 More stocks which I shared were blasted today, do check my signature for complete details.
Happy LEarning !!
Tata Chemicals - Symmetrical Triangle Breakout A symmetrical triangle is a consolidation pattern.
It is often referred to as a Coil Pattern.
Here each price fluctuation is smaller than its predecessor.
Lower Highs & Higher Lows.
The process of contraction or coiling also has an effect on the volume.
Imagine a coil spring, the more you keep pressing down the coil spring , it keeps going down but once the force is released the coil spring moves violently. This is exactly the same happening here in a symmetrical triangle.
CMP 1058
Can Head Towards 1150+
TATACHEMICAL - Falling Wedge Breakout#Tatachemical (D)
#Buy 1020-1030
#Target 1270 & 1370
#Stoploss 970
#Short Term (upto 3 months)
TATACHEM Cup&HandleNSE:TATACHEM
#NSE:TATACHEM formed beautiful cup&Handle pattern.
Ping me for levels.
Happy LEarning !!
