BUY TATACHEM @ 1001 TGT 1050 / 60Weekly daily hourly support between 1000 and 980. With sl stock looks good to buy.
Hourly daily weekly chart has made a hathoda... Fire 🔥 pending.
TATACHEM trade ideas
Tata Chemicals Looks BullishTata Chemicals looks bullish as it gave a breakout from a symmetric triangle pattern. Also expected earnings to be released soon that can help potential gain, if results are positive. Keep watching it.
Tata chemical at trend line supportChart is self explanatory. Tata chemical is at critical support zone .
Buy TATACHEM @ 1000"Delivery Idea 22-06-23
TATACHEM (CMP: 999.25)
Buy Price: 1000
SL Below: 970
Target: 1050"
Tata ChemicalDue to bad results Tata Chemical gave a good fall but respected 4 months trendline. Hammer indicates that buyers are taking control and with good volume Tata Chemical is going to break the resistance. If it happens, we can see a nice upside from this point. The content provided is for educational and informational purposes only.
TATA CHEMICAL DOUBLE BOTTOM...📈⚡️💵Double Bottom pattern has been formed on Tata Chemical breakout of the neckline will result in a bullish movement.
Expected Targets are:
TP1 - 1028.85
TP2 - 1037.10
Tata Chemical AnalysisTata Chemical Analysis. How to read the levels and current candles for stock analysis.
Tata Chem Rally Begins?? BO Done now Tata Chem Rally Begins?? BO Done now Target is clear now.
Funda strong candidate
tata chemicals fresh breakouttata chemicals fresh breakout . if it will sustain in the same label than it will go all time high
Tatachem breakouttatachem has just broken out of daily & weekly triangular pattern being formed since december 2022. can be entered on retests or pullbacks.
Tata Chemicals Analysis Stock has given BO on daily and weekly chart, may see further upward movement. Follow chart.
tata chemmicals broke out 1200tgtgood consolidation and broke out now in uptrend
disclaimer- this is not any investment call or idea , this just my view and it can go wrong ,this is only for educational purposes trade at your own risk :)
Bullish TATA ChemicalPlease follow the highlights in the Image
For educational purposes, I'm not a SEBI registered person.
Ascending Triangle Pattern BO 📌Keep in your watchlist
#TATACHEM
- Ascending Triangle Pattern BO
- Supported with High Volume
- Above Key EMAs
- Bullish RSI
Breakout Analysis on TATA Chemical. Tata Chemicals had a strong breakout with a huge candle on the weekly closing day.
Tata Chemicals was in a 9-month rectangle symmetric pattern and recently broke out with good volume.
While it has potential to reach its resistance, it's better to wait for a slight correction or retracement before entering. If it comes back to the breakout area, that would be an excellent time to consider entering. If not, we'll monitor if it sustains above the breakout level, and if it does, it's a green signal. Our entry strategy will have a 1:1 risk-reward ratio, as shown on the chart.
Not a recommendation.
Tata Chemicals rangebound Tata chemicals has formed a beautiful symmetrical triangle pattern and requires traders to trade the range, buying at the lower trend line and selling at the higher. It has also formed a golden cross- When 50EMA passes 200EMA from below showing bullish nature.
A break of the lower trend line will see an end to the trade, making it a risky one.. Hence we should position size in a smart way.
What is position sizing?
It is when you first add half your position to check If the market is saying you are right or wrong, if the market moves in your direction, you will add your second half and tighten your stop loss. This way you add two positions but one only when the market shows you that you are correct.
Example: Suppose your risk is 100 per trade, You first buy enough Qt to risk only 50 ( Typically with a larger stop) and if the market forms a green candle or another bullish sign, you add another Qt to risk 50 more ( Total risk 100) and your second stop loss becomes tighter ( most probably at the breakeven of the first position) this way you minimise your loss but ur reward is the same and even more. If your first stop gets hit, you accept your mistake and move on.
I would suggest to risk only half of what you normally risk on this trade since the risk to reward is very favourable with a small stop loss.
Example- If you normally risk 1000 per trade, this time risk only 500 since the potential is the same reward with lesser risk making it a A+ set up.
If a green candle or a bullish candle is formed at the trend line, we can add to more positions.
Keep It Simple
TATACHEM - Weekly AnalysisIn the Weekly Chart of TATACHEM ,
we can see that; it has given strong Triangle breakout.
Enter on retest at 1025-1030 levels with SL as 975 and target as 1200.
Tata Chemical bullish rectangle breakoutAs you can see from the chart the share price has consolidated over the past 2 to 3 months and today it has finally given the breakout.
Not only on the daily timeframe, it had also given the breakout on the weekly timeframe as well.
TATA CHEMICAL ANALYSISConsolidation of triangular pattern and breakout about resistance. We can see a good upward move on the higher side with specify SL and Targets
tata chemicals will make a run for it a impulsive wave 3 ill begin soon in tata chem its a multi bagger for me
Tata chemical to take longLong Tata chemical above 1045 for the target price of 1190-1200+ with SL of Rs 975. Below are the factor to take long trade..
1) Resistance BO can be seen.
2) RSI crossing above 60
3) Taking Trend line support.
4) EMA level support.
5) Ascending Triangle
