Tatachemical
TATACHEM Long Trade | Good For Swing & Intraday Trade Tata Chemical view for tomorrow and coming week
For swing trade buy above 1044.
Intraday at or above 1040
If it manages to sustain this level we will see good move in the coming days & week.
Its forming a Triangle pattern in the hourly time frame breakout of this can give good momentum
which will be good for option buyers & intraday traders
For more refer to chart image, Comment or DM me on insta @stallintdr link given profile as well
Thanks,
Have A Profitable Trading Session !
Tata chemicals has seen a breakout Tata chemicals has seen a breakout of reverse head and shoulder pattern at the price of 1250 and successfully retested it on daily charts, now a new swing is created and its first target area at 1450 with the stoploss of 1180. Trail the stoploss after 1400 towards second Target of 16000.
Stock is above of all the important exponential moving averages.
TATACHEM : Rectangle pattern 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.
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Disclaimer
I am not sebi registered analyst
My studies are Educational purpose only
Please consult with your Financial advisor before trading or investing
TATA CHEM POSSIBLE INTRADAY & SWING.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 SHARE to motivate and support me. I'll keep on posting new ideas on Indices & Stocks. NSE:TATACHEM
#KPRMILL #BLOCKCHAIN #NFT #SHIBAINU #iot #ml #clothing #fashionKPR Mill Ltd.
NSE:KPRMILL
NSE:KPRMILL
CMP: 494.10
Target 1: 585
Time frame: <3months
Factors:
BULLISH WEDGE BREAKOUT
Trend Following
Rising Volume with rising Prices.
Flag pattern breakout.
Pennant Pattern Breakout with Bullish Candle.
Retest Successful.
Higher Highs & Higher Lows.
Broken above RESISTANCE levels
Trading at SUPPORT levels
Earnings are strong.
Bullish Wedge Breakout
Risk Return Ratio is healthy.
And
Rising from Double Bottom Pattern to Flag Pattern forming.
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With 💚 from Rachit Sethia
Breakout Possible Soon in TatachemHi there. Here is a technical analysis of Tatachem where we can soon see the breakout of the channel pattern in which the price has been trading since past few days.
If you observe the last three candlesticks pattern then you can see that it is inside bar candles where there is a mother candle with two babies candle. Whenever any hourly or 30 minute candle closes above the high of the mother candle or below the low of the mother candle we can see breakout or breakdown respectively.
The last day candle is a doji which is an indecisive candle movement in price can occur in any direction but the price is near to its resistance and mother candle's high, I am hoping of breakout.
The stocks seem to be good for swing and positional trade. Note that I am not a SEBI Registered Advisor. Please Consult with your Financial Advisor before investing. This Idea is just for educational purpose.