TATACHEM: BULLISH REVERSAL SETUP

TATACHEM
Tata Chemicals Ltd. is a holding company, which engages in the manufacture and sale of inorganic chemicals.

Technical View
Trading at major support zones and there are multiple confluences.
1. Weekly timeframe trendline support.
2. horizontal support formation from last one year.
3. Bull channel Support.

on top of that Stochastic indicator also shows reversal.
Here look at the daily chart and it has formed a turbo breakout.

Stoploss shall be below the green zone and on a weekly candle-closing basis otherwise it would be just a liquidity grab situation.

It can continue this range foe few more days so keep on radar.

Keep Learning,
Happy trading.

Zlecenie aktywne:

#TATACHEM

BLASTED 6.60% IN LAST 2 DAYS

982 to 1045 RUNNING 💥💥

Komentarz:

2ND TARGET HIT TRAIL STOP TO BELOW 1ST TARGET LEVEL

1050+

Transakcja zamknięta: osiągnięto wyznaczony cel:

1132+ Final Target Done ✔️
15% Move So far 😍😍

Those who want to hold for a bigger further up move, please Hold WIth stop at 2nd target
#TATACHEM

Transakcja zamknięta: osiągnięto wyznaczony cel:

#TATACHEM 1294 FROM 982

32% UP 💥💥

TRAIL STOP TO 1185 & RIDE IT ✔️

#TATACHEM.