Tata Chemical- Triangle formationTata Chemical is forming triangle on weekly timeframe. Looks ready for 1400 levels
Trade ideas
TATACHEM SHORT 15 MIN on a larger frame tata chemical has been within a range however on 5-15 min frame it has already given a short entry last week. However Entry, SL, Tgt points are mentioned on charts which are derived from FIb tool to avoid any random Target or SL as per us. The key here is that I am using fib tool after my experience that you should not place SL/TGT as per your thought process but as per the chart requirements.
Tata chem - low risk entryentry - cmp
sl - just 1% below, around 1000
this stock had many shakeouts within the base, volumes suggest selling climax has happened and buyers are getting back in
high chance of trade failing, but risk reward seems very attractive at this stage, with 1% risk, i do think 8-10% reward is probable in this structure
TATA CHEMICALS 1D TF LONGStrictly wait for 1D candle close and also watch out for wicks once gives confirmation it can give good momentum.
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tatachemicals - long inside bar formation above 18 day EMA
macds are bullish
high probability for breakout
however 200 day EMA can act as resistence :
Wedge Pattern Breakout in TATACHEMICALSTATACHEMICALS LTD
Key highlights: 💡⚡
✅On 1 Week Time Frame Stock Showing Breakout of wedge Pattern .
✅ Strong Bullish Candlestick Form on this timeframe.
✅It can give movement up to the Breakout target of 1170+.
✅Can Go Long in this stock by placing a stop loss below 960-.
TATA CHEMICALS - BULLISH FLAG BREAKOUT!BUY - TATA CHEMICALS
CMP - Rs. 983
Target - 1: Rs. 1160
Target - 2: Rs. 1270
Target - 3: Rs. 1390
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Technicals - Bullish Flag
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This is just a view by an expert analyst, please invest at your own risk.
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TATACHEM - Weekly AnalysisIn the Weekly Chart of TATACHEM ,
we can see that; it has shown a up move and looks like positive sentiment will be created in it.
Enter at 990-993 with SL as 970 and target as 1105.
Book profit with 1:5 Risk Ratio at 1105 and exit.
Tata chemicalsTata chrmicals
Consolidated since dec 2022, made HL& LH forming symetrical triangle pattern on daily chart. Gave breakout of this pattern on 27th june with good volume & retest the level today.
Buy above 1020
Sl 990
Tgt 1070-1132-1190-1214
#Tatachem cash : Looks good above 1024.10#TATACHEM CASH -Positional call
27.06.2023
Looks good above 1024.10
Stoploss 1000
Target 1058-1060/1100
Cmp 1006.25
Tata Chemicals 27/06/2023 Here I do analysis of Tata Chemicals with patterns, technical indicators, price-volume analysis. I also discuss trade setup and possible risk-reward scenarios.
tatachemtatachem broke out of triangle pattern & trading above previous swing highs on daily TF with good volumes.
could bebought with mentioned stoploss & target.
Tata Chemical LONGNSE:TATACHEM
1. Its price is at important 50% Fibonacci retracement level.
2.Channel Breakout + Retest
3. Consolidation of more than 195 days ( Bigger the consolidation , Bigger the breakout )
4. Enter again if SL hits , As the market is -ve , it might fall for more 1-2% . But Risky traders can enter now itself.
Strangle for TATACHEMTatachem is consolidated for more than 6 months, can look for a strangle for this month between 950 and 1050.
Expected to give a breakout in coming months.
#TATACHEM CASH : Strong resistance at 1015-1030#Tatachem cash
05.06.2023
Looks stong resistance at 1015-1030
(Selling zone)
(All upside once close above 1030 only)
Cmp 995.55
Tatachem Bullish UpmoveTatachem is showing bullish momentum and it will atleast touch 1000,1035, 1100,1170 in short term. June/July time frame.
wedge pattern reversal in TATA CHEMICALS LTDTATA CHEMICALS LTD
Key highlights: 💡⚡
📈On 1Day Time Frame Stock Showing Reversal of wedge Pattern .
📈 It can give movement upto the Reversal Final target of above 1018+.
📈There have chances of breakout of Resistance level too.
📈 After breakout of Resistance level this stock can gives strong upside rally upto above 1160+.
TATACHEM WTFAfter analyzing TATACHEM's stock, there are indications that a potential breakout may occur in the near future
it's important to note that stock market investments come with inherent risks, and accurately predicting breakouts or price movements is challenging. It's advisable to consult with a financial advisor or conduct further research to validate the analysis and make informed investment decisions.
TATA CHEMICALS trade setupTATA CHemicals is consolidating heavily since DEC2022 and can move in a single direction any day
* BUY above 1000-1020 levels for a target of 1140 levels
*Stock is forming a structure of rounding top hence SELL below 950 levels , target of 870 levels
TATACHEMICALS short term idea TATACHEMICALS looking for breakout, it can breakout any side please watch with price action, enter after breakout
Tata Chemicals SwingTata Chemicals Swing can be taken for following reasons :
1) Stock is in monthly demand
2) Daily Timeframe is still in consolidation but we can see microstructure on daily
3) 4HR also has microstructure so it can break to the upside
