Tata Chemicals positional trade set up 21/06/2021

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

Haftungsausschluss