Tidewater in the chemical sector refers to the phenomenon of water that flows or rises and falls with the tides. In the chemical sector, Tidewater may symbolize companies involved in the production, distribution, or processing of chemicals that are affected by market cycles and trends.
Investing in Tidewater stocks within the chemical sector can provide...
Note: This analysis for eduction purpose only. Buy or Sell at your risk.
1.Background in accumulation phase and expected upside in few months.
2. Buy only in deep not at the CMP.
3.Stop Loss 1110.00
Tide Water Oil has given a Breakout on all three
Time Frames with huge volumes.
The nearest PT is at 3700.
Looks good for an entry here with a stop below 1340.
Tide Water is showing strength with good momentum. Stock has recently given breakout and sustaining as well. Seems stock is getting ready to break another resistance. Keep on radar for closing above 1077. As per past pattern, can expect stock to touch All time high levels.
Tide Water Oil is attempting breakout from last 3 weeks but not able to sustain. Keep on radar for breakout. Stock is consolidating near resistance level& can expect breakout soon.
Tide water oil is trading in a very small range since last 3 months and attempting for range break out. Can bring good momentum on closing above 1015. Stock has consolidated and prepare a base at very strong from where stock zoomed to 4 times in period between May'21 to July'21. Keep on radar.
trade set up :
1. buy in range 1040 to 1030
2. keep stop loss as 986 on closing basis
3. targets : 1084 / 1110 / 1145 / 1194 / 1222+
technical buy based on :
1. bullish harmonics pattern
2. fibonacci .786 to .886 reversal zone
3. falling parallel channel breakout buy
4. value pick
note :
breakout traders buy above 1060 based on channel breakout stop loss...
Entry 1025
SL 1010
Qty 10
Risk 150rs
Price is at very big support level on monthly time frame.
On daily time frame it is breaking trend and small consolidation. Very tight SL
Tide Water : Strong Downtred 09 -Dec-21.
Time Frame : Daily
Query > Is this Bullish RSI Divergence :: This is not called Bullish Divergence dear but suppose tomorrow Bullish candle ( Tomorrow candle) engulf the bearish candle (Today's candle 1490-1435) and close above then only it is called Bullish divergence. Suppose it happens then tomorrow buy order at 1535...
Bullish divergence in the RSI indicator and good upside movement with good spike in volume can be seen in TIDE WATER OIL. Buying at current levels can be a good pick. Above horizantal lines in the chart are the targets for this trade, would suggest to book some part of your profit at every horizontal line/resistance. Can go for the target of levels 2147.30, 2280,...
We would be able to see a good down tend as of now, will need to see on Monday how to market reacts But as of now it might take support at 2860 levels, which will be the right levels to enter if needed.
My suggestions are not for F&O, only short and long term holdings
stock is taking support from trend line and now ready for big move ..
If it cross 13000 and sustain then so bullish ...BULLISH
on 1hr time frame we can cup and handle pattern formed
And it is also forming bullish channle pattern
Stock Tested the levesl of 12999 on NSE and with some correction or we can say Profit booking it is again ready to Fire...
My own next Target is 13000 Second target is 15000 and if sustain above this we can see again big targets like 20k ..
You can check my previous idea about this script target of 13k hit like 1 min Spike ... but not sustained and from that...
TIDE WATER OIL | BIG BREAK OUT
There is beautiful breakout shown in TiDE WATER OIL Stock. Take one more time entry in this stock. There is some big rally in this stock.
As we can this stock break its 5 Years All time High and there is some news in this stock regarding Bonus,Splits,Dividend company Giving to there share holders and we can see targets of 13000++ in coming week.
Buy for Quick Target of 10500...then 13000..
