TATA CHEMICALS - Though getting Good (S) at 550, and a move past 573 may take it to 590 then 605 levels in ST,
Unless close firmly above GAP DOWN area 633 -646 , chances of scrip breaking 550 and
fall towards 523 , 501 and even 445 level not ruled out in coming months.
If it happens , 445 level will act as Major (S) from where it is likely to resume its Uptrend.
Disclaimer: I am not a Qualified Technical analyst. Please do your own analysis before taking any decision on Investments.
TATACHEM
Unless close firmly above GAP DOWN area 633 -646 , chances of scrip breaking 550 and
fall towards 523 , 501 and even 445 level not ruled out in coming months.
If it happens , 445 level will act as Major (S) from where it is likely to resume its Uptrend.
Disclaimer: I am not a Qualified Technical analyst. Please do your own analysis before taking any decision on Investments.
TATACHEM