Tata Chemicals positional trade set up 21/06/2021

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TATACHEM
tata chemicals is sitting at a good value area. retesting the trendline and made a double bottom breakout which almost confirms that the trend is reversing. If it opens gap down look for a good dip to enter for positional trade. Observe the price action and trade as per your risk to reward
Uwaga
blasted.
Uwaga
planning to exit at 740 levels
Uwaga
1 more chance the stock is again at the trendline support. i am planning to add more qty
Uwaga
enter only at at a reversal pattern in 5min or 15min chart 2:05pm 22nd june
Uwaga
added more qty 2 rej candles in 15min timeframe. added few more qty
Uwaga
with increased volume
Uwaga
a 15min close below 725 i will exit all positions at minor profit and will reenter later
Uwaga
market is looking weak which can affect the sentiment
Uwaga
exited at 754 rupees.
Uwaga
june 02 2021 12:10 pm.
Chart PatternsTechnical IndicatorstatachemicalTrend Analysis

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