TATACHEM trade ideas
Simple Trade Setup | TATACHEM | 30-08-2021NSE:TATACHEM
Observation:
1) It is taking and maintaining above 21DMA on daily time frame.
Please refer below chart.
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Trade Setup for Date 30-08-2021:
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 tomorrow.
Please refer below chart for levels.
Hope I made it easy to understand it.
Do comment your doubt or suggestion.
An example of symmetrical triangle.NSE:TATACHEM
Trade Setup for Date 31-08-2021:
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 today.
Hope I made it easy to understand it.
Do comment your doubt or suggestion.
Consolidated Triangular BO?Study Purpose
Consolidated Triangular BO with Volume increase?
Buy Range 760-770
Sl 716
Target 848
TATA CHEMICALS looking good for a swing tradeAfter opening huge gap up after the results it came back to that level and now it is taking a support. If it breaks the range then it can be very good swing trade.
Comment down your thoughts.
TATACHEM intraday trade idea for 25th Aug#TATACHEM entry and exit levels on the chart (refer black/blue lines). Place SL@0.4% of the entry price. Zones (if present are in pink/orange) are the places where it's unsafe to enter, #INTRADAY
Note: 854-855 shall act as strong resistance. Swing players can buy at 860 for 880 with SL below 854
[ INTRADAY ] TATACHEM LONG BETrisk: Reward ratio is 1: 2
Rest as per Charts
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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 “where” to act in “what direction. Unless it triggers, like, let’s say the candle doesn’t break the level which says “Buy/Sell if it breaks”, You should not buy/sell at all.
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I use shorthands for my trades.
“Positional” - means You can carry these positions and I do not see sharp volatility ahead.
“Intraday” -means You must close this position at any cost by the end of the day.
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Always follow a stop loss.
In the case of Intraday trades, it is mostly the “Low/High of the Candle”.
In the case of Positional trades, it is mostly the previous swings
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Tata Chemicals - Potential Pullback candidateTata Chemicals is making a good pullback to the BO zone. Price had formed a base of over 100 trading sessions following which it made a Runaway Gap Breakout on huge volume. The volume has significantly dried up during the pullback. The Gap will act as a support and there is a high probability that stock may resume it's upmove.
Breakout and retest || Tata Chemicals The stock after breaking the rising channel pattern is now retesting and also the previous high resistance can act as support now. Good chances of going up from here. Can be bought for a target of 1000. CMP-839. SL will be 755 on a closing basis. 1:2 risk-reward ratio and also a good fundamental stock. HIT the like button if you liked my analysis and do FOLLOW for regular swing trading ideas.
tata chem shortTata chemical is consolidating at current highs and is expected to give a bearish breakout and fall
TATACHEM NICE BREAKOUT DONE WITH HUGE VOLUME. SWING TRADENice Breakout done of Ascending Triangle Pattern with huge Volume
SWING TRADE OPPORTUNITY
BUY AT 820 WITH STRICT SL 740 FOR TGT - 880, 950+
ACCUMULATION-CHANNEL-BREAKOUT-UPMOVE-VOLUME-PROFILE-1D-1WClearly we can see the volume profile and the accumulation regions.
During Mar-Apr-2020, a nice accumulation happened and then a nice momentum of upmove.
1. Now again a consolidation region since Feb-2021 has broken out of 830 price resistance level.
2. Moreover in the recent price action we can see a small upchannel, whose upper-trend line has also been broken.
3. The volume in this consolidation is similar to the previous accumulation, + breakout has given confirmation about the impending up-move.
Target-:
This has been determined which the help of Fib. Extension tools. The origin being the accumulation during Mar-Apr 2020 and current consolidation as the retracement region(other leg of Fib Extension)
Stop-loss-:
Clearly the support of the consolidation region can be used as stop-loss.
RR ratio is good enough and Stop-loss is not that wide.
NSE:TATACHEM
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**Sorry for the gap and delay in posts**
TATA CHEM || SHORT TIME FRAME ANALYSISNegative Reversal Indications:
1) Shooting star & series of Doji's at top.
2) RSI Negative Divergence
3) Gap filling pending. Zone - 780-790.
[ INTRADAY ] TATACHEM LONG BETrisk: Reward 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 “where” to act in “what direction. Unless it triggers, like, let’s say the candle doesn’t break the level which says “Buy/Sell if it breaks”, You should not buy/sell at all.
=======
I use shorthands for my trades.
“Positional” - means You can carry these positions and I do not see sharp volatility ahead.
“Intraday” -means You must close this position at any cost by the end of the day.
=======
Always follow a stop loss.
In the case of Intraday trades, it is mostly the “Low/High of the Candle”.
In the case of Positional trades, it is mostly the previous swings
********
TATACHEM - Intraday ViewTATACHEM has given very good upside momentum. May Take Pause And Retrace a bit.
Tatachem looks good !TATACHEM : cmp ; 846.30
Trading at ATH level. No resistance .
Closing above previous high with volume.
Stock from current level might move towards 900 level.
TGT may be 878/896
SL 822 clbs
Option Strategy : Buy Aug 840 CE/ 850CE
OR
Sell Aug 830 PE.
Disclaimer: Ideas for learning Only.
Learn Regularly. Not occasionally.
Tata Chemical Breakoutsymmetrical triangle breakout formation on daily time frame in tata chemicals is a breakout above the730 and the target is 850....
high volume breakout now the level of 797 will work as immediate support
the level 945 can be see in few days
TATACHEM Bullish Trend Analysis TATACHEM
1. bull flug pattern formed up move price movemtum
2. flug pattern breakout and inside rising wedge patten breakout done.
3. over all bullish sentiment stock
4. red colour resistance line target 1 and break the resistance confirmation second level target
TATACHEMAll charts/views posted here are for educational purpose only. We are not responsible for any of your profit/loss.
tata chemical long NSE:TATACHEM make new life time high. Good results.
underperformer of last quarter will have to perform now. technical as well as well as fundamentally.
