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Tatachemical

Tata Chemicals Set for Bullish Swing, Targeting ₹1200-₹1220 Tata Chemicals is showing strong bullish momentum on the weekly chart, making it an attractive pick for swing traders. With a target range of ₹1200 to ₹1220 in the next 1 to 2 weeks, this stock is positioned for potential short-term gains. Key Technical Highlights: The stock has recently closed at ₹1128.65, marking a high over the past one to two months, indicating sustained strength. Multiple RSI indicators are showing bullish momentum, reinforcing confidence in the uptrend. The chart pattern suggests a clear bullish bias, making Tata Chemicals an appealing candidate for swing trading. Trade Setup: Target: ₹1200 to ₹1220 Stop Loss: ₹1092.60 Time Frame: 1 to 2 weeks for swing traders Reason for the Buy Call: Bullishness on the Weekly Chart: The stock has consistently shown strength, breaking through key resistance levels. RSI Momentum: Multiple RSI indicators suggest ongoing upward pressure, confirming that buyers are in control. Conclusion: Tata Chemicals offers a solid swing trade opportunity, with technical indicators pointing towards further gains. With a target of ₹1200 to ₹1220 and a stop loss of ₹1092.60, this trade setup presents an attractive risk-to-reward ratio for swing traders. Disclaimer: This is for educational purposes only and not financial advice. Please do your own research before making any investment decisions.
NSE:TATACHEMLong
by Sudhir-Sirohi
INVESTMENT IDEA - TATA CHEMICALSTata Chemicals, a renowned leader in the chemicals industry is compelling an investment prospect, propelled by a confluence of bullish technical indicators and promising market dynamics. Reasons are listed below : Technicals: Tata Chemicals has recently broken out from an ascending triangle pattern, signaling a potential uptrend and presenting an attractive entry point for investors. After multiple tests in the 1100-1200 zone, the stock has decisively broken through, indicating strong bullish momentum and potential for sustained upward movement. A significant bullish marubozu candle on the weekly timeframe underscores robust buying pressure and hints at a continuation of the bullish trend. Breaking free from a consolidation phase spanning over two years, Tata Chemicals demonstrates the potential for a new bullish trend trajectory, presenting an opportune moment for investors. Accompanied by a surge in trading volumes, the recent price action reflects heightened investor interest and confidence in Tata Chemicals' prospects. Trading above both the 50 and 200 exponential moving averages (EMA) in the weekly timeframe, Tata Chemicals enjoys strong technical support, further reinforcing the bullish outlook. Fundamentals : Tata Chemicals boasts a healthy Price-to-Earnings (PE) ratio, indicating favorable valuation relative to its earnings and potential for investor returns. The company demonstrates impressive growth in both profit and sales on a year-over-year basis, reflecting strong operational performance and market demand for its products. Tata Chemicals has been actively reducing its debt burden, showcasing prudent financial management and strengthening its balance sheet resilience. With a substantial dividend payout ratio of 48%, Tata Chemicals rewards its shareholders with attractive dividends, highlighting its commitment to delivering value and sharing profits with investors. Target - 1540 // 1777 Stoploss - weekly close below 970 DISCLAIMER - Decisions to buy, sell, hold or trade in securities, commodities and other investments involve risk and are best made based on the advice of qualified financial professionals. Any trading in securities or other investments involves a risk of substantial losses. The practice of "Day Trading" involves particularly high risks and can cause you to lose substantial sums of money. Before undertaking any trading program, you should consult a qualified financial professional. Please consider carefully whether such trading is suitable for you in light of your financial condition and ability to bear financial risks. Under no circumstances shall we be liable for any loss or damage you or anyone else incurs as a result of any trading or investment activity that you or anyone else engages in based on any information or material you receive through TradingView or our services. @visionary.growth.insights
NSE:TATACHEMLong
by Visionary_Growth_Insights
NSE-TATACONSUM - Short term trend tracking up? NSE:TATACONSUM Tata Consumer Products Ltd, a prominent member of the Tata Group, is a key player in the food and beverage industry, both nationally and abroad. This tea company is the second largest in the world and dominates many markets. It has expanded beyond South Asia, with a particular focus on India. foothold in several other regions such as Canada, the United Kingdom, North America, Australia, Europe, the Middle East, and Africa. Acquisition of Food Business In FY2020, the company got the consumer products business from Tata Chemicals Ltd. This includes selling salt with the name 'Tata Salt', and food products like spices and pulses with the name 'Tata Sampann'. It was an all-equity deal. counts for about 71% of branded business revenues of the company. About 22% of the revenue comes from business operations outside of the local area, including Canada, the United States, the United Kingdom and Europe, the Middle East, and Australia. Branded Vs Non-Branded 90% of total revenues come from branded food & beverages business & the rest 10% comes from the non-branded business of company. Revenue segmentation India Beverages(37% of revenue) - Brands such as Tata Tea, Tata Gluco+, Himalayan, Tata Coffee Grand India Foods(27% of revenue) - Brands such as Tata Salt, Tata sampann, Tata Soulfull, Tata sampann yumside US Coffee(11% of revenue) - Brands such as Eight O'clock International Tea(15% of revenue) - Brands such as Tetley, teapigs, Good Earth Tata Coffee(10% of revenue) As of 9MFY23, Growth businesses include Tata Sampann, NourishCo, Tata Soulfull, and the RTE/RTC business (Tata Smartfooz) grew 53%YOY Tata Starbucks It is a joint venture between Tata Consumer Products and Starbucks Corporation of America wherein the company is working towards expanding the presence of Starbucks retail coffee stores in the subcontinent of India. Presently, it operates 311 Starbucks stores in the nation. source : screener disc: Invested first trance
NSE:TATACONSUMLong
by Peaceful-Weekend-Investing
3
#Tata chem, moving in tight range, R:R in favor, long at 950/968Tata 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.
NSE:TATACHEMLong
by ssudhirsharma11
Tata Chemicals can be slow but is looking solid.Tata Chemicals Ltd. CMP – 1011.90 (Long Term Investment Idea) Market Capitalization Rs 25,778.8Cr Red Flags:🟥 FIIs are decreasing stake MFs are decreasing stake Green Flags:🟩 No debt Zero promoter pledge Improving annual net profit Improving cash from operations annual Dividend Yield @CMP = 1.78% Previous Happy Candles Number – 87/100 New Happy Candles Number – 79/100 Fresh Entry/ averaging / compounding after closing above 1031 Targets: 1063 and 1084. Long term target: 1108+. Stop loss: Closing below 935. The above information is provided for educational purpose, analysis and paper trading only. Please don't treat this as a buy or sell recommendation for the stock. We do not guarantee any success in highly volatile market or otherwise. Stock market investment is subject to market risks which include global and regional risks. We will not be responsible for any Profit or loss that may occur due to any financial decision taken based on any data provided in this message.
NSE:TATACHEMLong
by Happy_Candles_Investment
TATACHEM - Bullish Consolidation BreakoutNSE: TATACHEM is closing with a bullish consolidation breakout candle supported with volumes. Today's volumes and candlestick formation indicates strong demand and stock should move to previous swing highs in the coming days. The stock has been moving along the horizontal support for the past few days which is indicating demand. One can look for a 8% to 13% gain on deployed capital in this swing trade. The view is to be discarded in the event of the stock breaking previous swing low. #NSEindia #Trading #StockMarketindia #Tradingview #SwingTrade
NSE:TATACHEMLong
by BrahmaBull31
Tata Chemicals daily report shows triangle pattern breakout.Tata Chemicals on Daily Chart: Triangle Pattern Breakout: The stock has seen a triangle pattern breakout on the daily time frame, which may indicate a potential price move in either direction. Mean (EMA) Diversion on Hourly time frame: The mean (EMA) has diverged on the hourly time frame, which may indicate a change in the trend of the stock price. Resistance/Target: The stock may face resistance at levels of 1060, 1108, and 1176. These levels may act as a barrier to the stock price's upward movement. Support: The stock may find support at levels of 948 and 912. These levels may act as a floor for the stock price and may provide some stability during times of market volatility. In conclusion, the daily report suggests that the stock may experience some price volatility in the near term, with potential for both upward and downward price moves. As always, it is recommended to monitor the stock closely and consider risk management strategies when investing.
NSE:TATACHEMLong
by Wolfout_Traders