TATACHEM FORECAST FY24-FY26 HOT DZAMN :THE COMEBACK KIDI cant believe i missed a 500%'er like this really insoires you to research more
Just saw the discount advert (business news report cnbc) revenue looking messy negatives qq on qq on qq yuck if u know u know but its a industry problem
downgraded ratings by Morgan Stanley worst thing to have done to you but also you need to understand how to take the news
but honestly lotta potential for the future so ill watch as they sink it a lil you know discount and then i will pick up somewhere nice each upward trajectory on my zig zag is a point id consider but my last point is the time to buy
there is hope because the whole industry is taking a hit but it will overcome for sure
specialty chemicals with the help of a.i will be a force not reckoned with
TATACHEM trade ideas
TATACHEMNSE:TATACHEM
One Can Enter Now !
Or Wait for Retest of the Trendline (BO) !
Or wait For better R:R ratio !
Note :
1.One Can Go long with a Strict SL below the Trendline or Swing Low.
2. R:R ratio should be 1 :2 minimum
3. Plan as per your RISK appetite and Money Management.
Disclaimer : You are responsible for your Profits and loss, Shared for Educational purpose
tata chemicals is going to nose diveTata Chemicals Limited is a leading global company in the field of chemicals, specializing in diversified products across various industries, including agriculture, consumer goods, and industrial chemicals. A part of the prestigious Tata Group, the company was founded in 1939 and has since grown into one of the largest chemical manufacturers in the world. It is well known for producing soda ash, sodium bicarbonate, and other specialty chemicals used in glass, detergents, and food processing industries. Tata Chemicals is also a major player in the fertilizers sector, providing high-quality crop nutrition solutions to farmers. The company has a strong focus on sustainability and innovation, with a commitment to green chemistry and eco-friendly solutions. With operations spanning across India, North America, Europe, and Africa, Tata Chemicals continues to expand its global footprint while maintaining its dedication to ethical business practices and community welfare.
Tata chemical - Struggling stock.It was time when EV was entering into Indian Market, and TATA Motors was one of the eminent players for EV production. Lithium-ion batteries was one the major requirements for production of EV, for that the main player for raw material was TATA chemicals as it was one the group companies of TATA group, which was directly getting benefitted by its group ecosystem, but any how now its last two years you can both the stocks of TATA motors and TATA chemicals, former has made more than double returns, but the latter one is struggling to move from its comfort space.
It seems most of the investors have forget about TATA chemicals, although the company is mainly into soda ash and also salt production. Still management is not into using its full potential.
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.
The stock of Tata Chemicals is currently following a box patternThe stock of Tata Chemicals is currently following a box pattern. Based on this pattern, if the stock price enters the second box, a trading opportunity arises with the following parameters:
- **Entry Condition:** Enter the trade when the stock price breaks into the second box.
- **Risk to Reward Ratio:** 1:2
- **Stop Loss:**when enter into box we will share
- **Target:** when enter into box we will share
TATACHEM + 200 SMA + 10 SMA + FIBO EXT + MACDThe most recent bull candle bodies are growing stronger day by day . The 200 SMA had been an important support for a long time . 10 SMA can provide trailing stop to the bulls.
The MACD histogram is rising and indicates upward trend . The MACD line has crossed over the signal line . Wait for it to come above 2 and the momentum may pick up . The 10 SMA can be used for trailing stop on longs.
TATA CHEMICALS S/RSupport and Resistance Levels: In technical analysis, support and resistance levels are significant price levels where buying or selling interest tends to be strong. They are identified based on previous price levels where the price has shown a tendency to reverse or find support.
Support levels are represented by the green line and green shade, indicating areas where buying interest may emerge to prevent further price decline.
Resistance levels are represented by the red line and red shade, indicating areas where selling pressure may arise to prevent further price increases. Traders often consider these levels as potential buying or selling opportunities.
Breakouts: Breakouts occur when the price convincingly moves above a resistance level (red shade) or below a support level (green shade). A bullish breakout above resistance suggests the potential for further price increases, while a bearish breakout below support suggests the potential for further price declines. Traders pay attention to these breakout signals as they may indicate the start of a new trend or significant price movement.
20 EMA: The yellow line denotes 20 EMA, to interpret the 20 EMA, you need to compare it with the prevailing stock price. If the stock price is below the 20 EMA, it signals a possible downtrend. But if the stock price is above the 20 EMA, it signals a possible uptrend.
Disclosure: I am not SEBI registered. The information provided here is for learning purposes only and should not be interpreted as financial advice. It is important to consult with a qualified financial advisor before making any investment decisions. Tweets neither advice nor endorsement.
TATACHEM- Analysis Important levels :- 965 to 984 above this bullish below this bearish,
Bullish Levels -1024 to 1043 then 1143 to 1162 (new entry if day closing above this only) then 1261 to 1280 then 1380 to 1399
Bearish levels :- 925 to 906 (swing trade SL) then 806 to 787 (positional trade SL) then 688 to 669 (Long term investor SL) or use SL as per our comfort/risk management.
**Disclaimer -
I am not a SEBI registered analyst or advisor. I does not represent or endorse the accuracy or reliability of any information, conversation, or content. Stock trading is inherently risky and the users agree to assume complete and full responsibility for the outcomes of all trading decisions that they make, including but not limited to loss of capital. None of these communications should be construed as an offer to buy or sell securities, nor advice to do so. The users understands and acknowledges that there is a very high risk involved in trading securities. By using this information, the user agrees that use of this information is entirely at their own risk.
Thank you.
TATACHEM - AnalysisTATACHEM - Analysis
Buying range 975 to 1015, Averaging price around 938
Safe players buy above 1015 with SL of 960.
Stop loss - as per your comfort or 855, risky traders can hold with SL of 742 .
Few targets to monitor :-
1105 , 1195 to 1240 or 1340 to 1385
Please comment if you wish to see my analysis for any stocks.
Please do your due diligence before trading or investment.
Thank you.
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
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Review and plan for 30th April 2024 Nifty future and banknifty future analysis and intraday plan for stocks in kannada.
This video is for information/education purpose only. you are 100% responsible for any actions you take by reading/viewing this post.
please consult your financial advisor before taking any action.
----Vinaykumar hiremath, CMT