Tata Chemicals positional trade set up 21/06/2021

Diupdate
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
Catatan
blasted.
Catatan
planning to exit at 740 levels
Catatan
1 more chance the stock is again at the trendline support. i am planning to add more qty
Catatan
enter only at at a reversal pattern in 5min or 15min chart 2:05pm 22nd june
Catatan
added more qty 2 rej candles in 15min timeframe. added few more qty
Catatan
with increased volume
Catatan
a 15min close below 725 i will exit all positions at minor profit and will reenter later
Catatan
market is looking weak which can affect the sentiment
Catatan
exited at 754 rupees.
Catatan
june 02 2021 12:10 pm.
Chart PatternsTechnical IndicatorstatachemicalTrend Analysis

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