This stock is facing the resistance from top levels at 1150 levels... price is trading in a channel... now it is ready to breaks the channel, after strong break price gives us some retracement to enter short side again for targets of below demand zone... soo keep look for short side up to the below demand zone and support levels.
NSE:TATACHEM has given strong breakout of consolidation range over year near 1040 price. We can buy near 1043 and can see long term move above 1040 with SL of 1000 if it give pullback add more till 1033 . Major targets levels are highlighted in blue lines.
Stock breaking out all time high. Also had break out for Triple Bottom (breakout up). • Three distinct troughs at roughly the same price level separated by two intermittent peaks at any level. This channel is for only educational purpose. Any Profit/loss, I am not responsible.
TATACHEM trading in Rectangle pattern in 15 min time frame. If any bullish candle stick pattern formed near support line, we can see reversal of stock If support break then its good to wait for retest and sell if find any bearish candle. Like, Share, Comment for regular updates. Disclaimer I am not sebi registered analyst My studies are Educational purpose...
Tata chemicals opened gap down due to bad earnings report and consolidated there for the rest of the day Major support at 923 & 875 which are also fib levels 0.618 & 0.786 respectively Buy above 924 for the upper marked targets. Sell below 900 for the lower marked targets. RSI levels are also in consolidating range MACD looks bullish Please LIKE, COMMENT and...