Tata Chemicals Kind of Forming Inverted Head and ShoulderTata Chemicals Kind of Forming Inverted Head and Shoulder
Target 1 : 955
Target 2 : 1080
Invalid if its close below 880
TATACHEM trade ideas
Tata Chemicals (Daily) - Head & Shoulders Chart Pattern Tata Chemicals (Daily)
Head & Shoulders Chart Pattern
Seems to have entered the C wave
MACD of daily wave and weekly tide are downtick
RSI is downtick too, one can wait for it to go below 40 in the oversold zone and Bollinger Band to get challenged on the lower side to be doubly sure
Stochastic 14,3,3 is in negative crossover
-DI is above +Di
Possible targets from where it can take support and show bullish reversal
Target 1 - 795
Target 2 - 691
Tata Chemicals in the Formation of Inverted Head and Shoulder Tata Chemicals in the Formation of Inverted Head and Shoulder. It Took support at 830 Zone bounced back.
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.
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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.
tata chemicals very interesting chart... on weekly 0.618 fib support,, now going to be bullish above 930 finally after a small correction at perfect support.. keep eyes on this.. good swing trade target 987..
Tata Chemical - Flag Strong Business growth in caustic Soda- Flag Pattern Buy with strong business growth.
#TATA CHEM #MULTIBAGGER_OPPORTUNITYTRADE wisely.
WE CAN JUST PREDICT.
Disclaimer: I am not a SEBI registered advisor , so before entering on my view plz ask your SEBI Registered Advisor . Profit is your and loss is your.
PLEASE LIKE AND SHARE IF YOU AGREE WITH THE IDEA
TATA CHEMICALSAll levels marked on chart
Disclaimer: All charts are for educational purpose. Please consult your financial advisor before investing.
TATA CHEMICAL - INTRA DAY/SWINGShort Below 931
SL 956
Try keeping Risk Reward 1:1 and Book Quick Profits
Disclaimer: All charts are for educational purpose. Please consult your financial advisor before investing.
Tata ChemicalsCurrently taking support of EMA50, but for a rally need to close above EMA20, as seen in chart it taking support of trendline from Nov20, also 891.45 working great as support, can reach easily to 978 once 950 is crossed.
NSE:TATACHEM All levels mentioned on chart !!NSE:TATACHEM
#TATACHEM trading bullish and reached to support level.
All the levels mentioned on chart.
Interested can reach me for the levels !!
Have shared Friday levels and results, beginners may have look on it for practice.
Happy Trading !!
Breakout in TATA ChemicalTata Chem was trading in a parallel channel since the result was declared.
But now, Parallel channel breakout happened and the price crossed the R1. Therefore, you can buy it for the target of Rs 958.
Tata Chem Cmp 948 dated 9.11.2021Tata Chem Cmp 948 dated 9.11.2021
1. Trendline Support @ 890
2. RSI Divergence.
Buy for a tgt of 990-1020-1040-1090 SL 890
It is just a view, pls trade at your own risk.
TATACHEM LOOKS GOOD FOR SWING TRADE BUY 935-940 TARGET 996 SL 896 -DKM SIR
buy and hold as per your risk
i can see the upmove
TATA CHEMICAL SWINGAlready in a very strong uptrend , pullback is completed now;
1. Back to it's old resistance , where it took good support. ( 880-890 ) levels.
2. Formed a good morning star at support.
Buy price : 925-930
Stop Loss : 875
Target 1143+
A great risk to reward ratio of above 4.
Disclaimer : This analysis/strategy is only for educational purpose and not be considered as any trading idea/tip. Please consult your financial advisor before you take any trade and we are no way responsible for your profits/losses. Thank you!
TATA CHEMICAL AnalysisStock made a base at 880 price. Today's momentum is showing good bullish sentiment suggesting further upside potential. Support is at 880 & stock can see resistance at 980. Setup will be invalidated if crosses below 870.
TATA Chemical at supportTATA Chemical is at the previous resistance zone. Two probabilities now either previous resistance zone will become support zone or it will take support from the trend line again. Any thoughts?
TATA CHEMICALS giving the opportunity to buy at lowerTATA CHEMICALS giving the opportunity to buy at lower
FY21-22 Swing Trade Idea #196: Long on TATACHEMThis is a public swing trade idea (other private ideas accessible through website) and is only for Learning and observational purpose. Please understand your risk and take full responsibility of your actions. We would comment on any further updates on our entry, targets and stop-loss on this idea, so make sure to follow if you want to get further updates. Our objective to help anyone who wants to learn technical analysis using charts. You can post your queries in comment section here and we will try to answer asap.
Tatachem bearish view in near term Short below 880 for 780 as it is about to break the support levels
Tata Chemical longNSE:TATACHEM
given very good results and before results stock also got corrected and at support levels. looks good for long
has created long shadow at support showing good rejection
