#Tata chem, moving in tight range, R:R in favor, long at 950/968
Updated
Tata chem is moving in a tight range Since Apr'23 and making higher low's but not higher high. In my opinion going long at 970 with small SL below 940. We can add till 950 also or enter at 947/950 to reduce risk in the trade, on upside targets can be 1) 1021 2) 1039 3) once 1039 is crossed bring SL to cost or 1021 to ensure no loss in the trade. I think spring effect is going to help bull's, there can be a scenario where flushing out of weak hands can happen below 965.
Trade active
Some qty is offloaded at 1039 and for rest i am keeping SL at cost so that there is no fear in the trade now :)Trade closed: stop reached
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