TATA CHEMICALS Swing Idea (Long)

מעודכן
Tata chemical is preparing for breakout in upcoming weeks due to following technical reason:

1) Breakdown failure of M pattern
2) Previous resistance for breakdown will act as support now
3) Asymmetrical tringle pattern formation
4) On Daily candlestick chart trading above 20,50&
200 ema
On Weekly candlestick chart trading above 20 &
50 EMA
On Monthly candlestick chart dragonfly doji
formation indicating buyers in control




(Note: I am neither responsible for anyone's profit or loss nor I'm a sebi registered RA, this only for educational purpose. Please do your own due diligence before taking any trades.)


עסקה פעילה
Pattern broken the resistance range and moved up.
Moving AveragesSupport and ResistanceTriangle

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