TATACHEM trade ideas
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Wait For levels Trade in High Volumes and Liquidity.
If it sustain above 302.5 then buy with target of 305
If it sustain below 296.5 then sell with target of 293.5
TATACHEMTATACHEM moving in channel - Bullish
For Intraday Can be short/long considering the channels
Tata Chemical E waves + Price action breakdown !!The location of trading activity. At the end of the chart, on the Upper right, we can see that the trading activity moves in the bottom, part of the value area, between the control and the value Low. This is uncharacteristic for an Uptrend. Additionally, the price rotations are becoming narrower, it is starting to rotate between the control and value low. In an Uptrend, when price rotations become small and they happen in the Lower part of the value area, the trend is most likely to end. The narrower the rotations, the bigger the break of value will be. Why is this? Because the market is becoming too efficient in facilitating trading between buyers and sellers.
Sell Below : 290 Target 284-276-260-240 Possible even
Thanks
Tata chemical - Sell side - Fall below 280 take the price to lowTata chemical - Sell side - Fall below 280 take the price to lower level of 255 and 243 . Forms shooting star and Open=high on daily candle which is indication of bearishness.
TATA CHEMICALSTata chemical showing small consolidation after good rally. As per chart it shows forming continuation pattern for short term. Soon it will break the triangle and will
will show upward momentum. Awaiting for breakup.
BEARISH BAT #TATCHEMPrice entered in PRZ. for reversal. have to find clue of reversal pattern in smaller time frame for short.
Tata Chemicals is strong as per chartsTata Chemicals is strong as per charts. It may find support near 662 and 650 levels if it breaches 650 then one can exit long positions.
