sidharthd

Holrizontal Line and falling trendline breakout

Long
NSE:TATACHEM   TATA CHEMICALS
Tata Chemicals has seen a falling trend line and horizontal line breakout on daily charts. The stock in on HH-HL trajectory in weekly and monthly time frames. I will buy on retest with stop loss of 685 on closing basis. 1st target is previous ATH and above that sky is the limit.

This is not a buy / sell recommendation but sharing my observation for learning purpose

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.