TATA Chemicals Ltd - Multiple Indicators

Updated
πŸ“Š Script: TATACHEM (TATA CHEMICALS LIMITED)
πŸ“Š Nifty50 Stock: NO
πŸ“Š Sectoral Index: NIFTY 500 / NIFTY MIDCAP
πŸ“Š Sector: Commodities Chemicals
πŸ“Š Industry: Chemicals & Petrochemicals

Key highlights: πŸ’‘βš‘

πŸ“ˆ Script is trading at upper band of Bollinger Bands (BB).
πŸ“ˆ MACD is giving crossover.
πŸ“ˆ Double Moving Averages may give crossover in next trading session.
πŸ“ˆ Volume is increasing along with price which is volume breakout.
πŸ“ˆ Current RSI is around 65.
πŸ“ˆ One can go for Swing Trade.

⏱️ C.M.P πŸ“‘πŸ’°- 1200
🟒 Target πŸŽ―πŸ† - 1317
⚠️ Stoploss ☠️🚫 - 1136

⚠️ Important: Always maintain your Risk & Reward Ratio.

⚠️ Purely technical based pick.

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Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes.

Eat🍜 Sleep😴 TradingViewπŸ“ˆ RepeatπŸ”

Happy learning with trading. Cheers!πŸ₯‚
Trade active
Trade closed: stop reached
STOPLOSS HIT ON 28TH OCT
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