Chart filtered through chart patterns makes it easy to identify trades at an early stage.
After a long uptrend and the a consolidation at higher level resulting in prices moving out side that range .
The prices are forming flag structure with a rounding cup , which interprets more bullish trend ahead in Tata Chemicals.
Reverse Head and SHoulder pattern is vissible in DRReddy on all time frames , the breakout has happened during today's trading session,irrespective of bearish market sentiments. If the prices remain to hold above neckline then target can be 6500.
