TATACHEM trade ideas
TATA CHEMICALS Trading SetupDisclaimer: All charts are purely for educational and information purpose only. Invest or Trade at your own risk.
Are you ready to book nearby 10 -12% profit in TATA CHEMICALSFrom, so many days this stock moves between two channels, @ Rs 305 it shows strong dowmove, You can keep stop loss nearby 320 and target nearby @ Rs 277.
Tata Chemicals - Short Term bullishStock could do well going ahead. High Profit low valuation company.
Could do well going ahead
Long with SL: 300.
First target 340
Disc: I own this stock from cheaper levels.
TATA CHEMICAL Tata chemical breakout was seen.
BB & MACD Also Give Signal To sell.
Lets see what happens now ?
TATACHEMICALS GO FOR SHORT Price was moving in a channel. A breakout was seen. A trader should go short with stoploss at 305 and the target should be 263.
Tata chemical bearish chartTata chemical chart on daily basis is in downtrend , Just short below the trend line till next level for 270. Bearish candles constructively for last 3 3 days. So add the stock in your watchlist to see the brekdown level.
Tata Chemicals Ltd. -- DAILY ANALYSISTata Chemicals Ltd.
It closed within 100 and 200 day SMA and formed an Inside bar pattern.
Technical indicators are mild bearish.
If price trades below Inside bar 274, nearby support is 50 day SMA(261) on the daily chart. We might see a downfall till 245.
TATACHEM Daily Analysis 16 May 2020Price range 290-340.
If breakout above with WRC and Volume Expansion.
All parameters postive.
TATA Chem / Long / TGT 380/ CMP 278/ SL 240TATA CHEM buy with tgt of 380
CMP 278
SL 240
TGT 380
(HI-OI-CH-27042020)
TATA CHEMICALSTata chemicals has given a strong up move and now the stock is trading at multiple resistances from the lows in 2018 and the resistance of 20 day moving average. The stock is at 61.8% fibonacci retracement. 4hr chart showing signs of divergence signifying loss of momentum, This can be a contrarian short trade
TataChem on the verge of bullish ride Expecting a bullish ride in the coming days after breaching the previous resistance between 287.3 to 290.3
PS: This is purely based on my analysis and study. Please do your study before trading. NSE:TATACHEM
Tata Chemicals - Impulsive Elliott Wave RetracementTata Chemicals having completed a five wave Impulsive move, is now retracing the rise.
Sell for a traget of 247
SL above 296
TATACHEMTake trade based on your analysis
Buy/Short just above/below the marked line.
Typically for intraday start trailing your stop loss from 0.5% towards target
Stoploss is based on your capacity
I usually hedge towards the stoploss direction
[Buddha] TATACHEM Inside Bar TradeLong if it breaks the high of the previous day with a stop loss at the previous day's low.
Short if it breaks the low of the previous day with a stop loss at the previous day's high.
In case of gap up above the previous day's high or gap down below the previous day's low, please avoid buying it or selling it respectively. Follow the ending of the candle formed in first 5 minutes and follow ORB strategy.
Tata Chemicals Elliott Wave Analysis & Wave Counting !!Trend Analysis & Wave Counting !!
Follow Chart Instruction.
Invalidation Point for (4) th wave Completion is 188.75.
Hence we can Buy in deep near 195-200 range by taking stop below 188.75
