Trade ideas
Bearish Bat - Tata Chemicals - 4HBearish Bat - Tata Chemicals - 4H
PRZ:623-625 | SL:630 | T1616 | T2:612
CMP:610 17/07/2019 By Ramchandra
TATA CHEMICALS -Precariously poised. TATA CHEMICALS : Scrip precariously poised. Looks like ,it will break 550 this time if fail to close above 631 in coming days.
Validity : View valid till trade below 631
DISCLAIMER: I am not a Certified Technical Analyst. Please do your own analysis before taking any Trading decisions.
Tata Chemicals | Double Bottom - WeeklyDouble Bottom pattern observed in Tata Chemicals. Neck level was broken in second week of May thereby confirming the pattern. The recent fall could be counted as neck level retesting. In that case the stock will move up to 672 where the pattern target falls. However, a trendline still holds and we could see noticeable resistances at 635 and 658. A break above 635 will be key. Hence, if resistance at 635 fails Tata Chemicals could move swiftly towards double bottom target.
(Disclaimer: Our charts and contents are just for the purpose of analysis, learning and general discussion. Do not consider these as trading tips or investment ideas. Trading in Stocks, Futures and Options carry risk and is not suitable for every investor. Hence it is important to do your own analysis before making any investment or trading decisions based on you personal circumstances and it is always better to take advice from professionals)
TATACHEM IB long on PDH* Closed below 7 DMA after a long time day before yesterday
* But failed to break low and formed an IB creating indecision
* Sitting on previous resistance acting as support
* Long on PDH with PDL as SL
TATA CHEMICALS - LONG ENTRY DEPENDS ON DIRECTIONTATA CHEM SEEMS TO HAVE TARGET OF 673.
BEFORE THAT IT HAS TO CROSS THE 637 AND THE RECENT RESISTANCE @ 643.9.
IF THE PRICE DROPS BELOW 619, THEN ENTER AT 600 LEVELS (STOP LOSS @ 582).
IF THE PRICE GOES BEYOND 633, BUY FOR THE ABOVE MENTIONED TARGETS WILL BE REACHED.
ANY WAYS, BUY ENTRY LEVELS DEPENDS UP ON THE DIRECTION OF MOVEMENT.
TATACHEM short term bearishTATACHEM 4hr time frame short term bearish if 601 holds then move up till 647 if not then down to 555 possible.
TATACHEM SHORT TATA CHEMICALS Short Term SELL____FOR EDUCATIONAL PURPOSES ____ NOT A TRADING ADVICE____
TATACHEM Looking for a sharp Down move from here, is now consolidating at a Supply Zone and broke down weekly pivot.
TATA CHEMICALSCMP 619 If the breakout is sustained then green lines are targets. Otherwise retracement back to red lines. Also at cmp is current resistance area.
tatachemif it crosses 614 with a good volume, we can see fair-play........if not, wait for 555 again..... and catch it at that level.
TATACHEM looking good FORMATION OF DOUBLE BOTTOM FOLLOWED BY COUPLE OF ENGULFING CANDLES : BUY AT 622 TO 624 : TARGET AT 656 : SL AT 610
tatachem post triple bottom formation stock has started giving upmoves
610-613 was hurdle which it has crossed easily
one can go long positionally for 700+ targets
SHORT TERM || LONG || TATACHEMOne might want to buy TataChem on dips with SL of 565 and target of 582.
Tata Chemical Long (Risky)Stock made doji and gravestone doji pattern at downtrend also able to survive above fibonacci retracement level.
Note : Not a single indicator is supporting for long trade. Very risky trade
Buy above 592 Target = 596, 599 SL = 588(Only for risky traders)
Sell Below 588 target = 584, 581 SL = 592
#Illuminati
Tata Chemicals - Inside Bar TradeLong on 594.75 break with SL as 588.90
Short on 588.90 break with SL as 594.75
