TATA Chemicals taking support at TL for 3 Years.
Diupdate
Tata Chemicals of course is a long term bet company and recently has seen some correction. It is to take in consideration that on weekly TF, this stock has taken many supports on the Trendline mentioned in the chart since Jan 2021.
Seeing the boom in chemical sector currently, the stock hasn't performed as much as it should have. Expecting a good up move in the stock subject to supported by market and relevant indices.
CMP: 963
T1 : 1016
T2 : 1150
T3 : ATH
Stay informed and stay invested.
Kindly note that I am not a SEBI registered analyst. Perform your own analysis before taking any trade.
Seeing the boom in chemical sector currently, the stock hasn't performed as much as it should have. Expecting a good up move in the stock subject to supported by market and relevant indices.
CMP: 963
T1 : 1016
T2 : 1150
T3 : ATH
Stay informed and stay invested.
Kindly note that I am not a SEBI registered analyst. Perform your own analysis before taking any trade.
Catatan
979 High made.Catatan
Heading towards T1.Catatan
Target 1 reached. High made 1029. Stay invested.Catatan
1044 high. Wait for big movement.Catatan
Almost reached target-2.High 1102.
Catatan
1141 reached. Stay invested.Trading ditutup: stop tercapai
After hiting T1 and T2, it has breached the TL support. However, It is still trying to get above the TL. One must respect you SL and so do I.
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