Tata Chemicals positional trade set up 21/06/2021
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
Komen:
blasted.
Komen:
planning to exit at 740 levels
Komen:
1 more chance the stock is again at the trendline support. i am planning to add more qty
Komen:
enter only at at a reversal pattern in 5min or 15min chart 2:05pm 22nd june
Komen:
added more qty 2 rej candles in 15min timeframe. added few more qty
Komen:
with increased volume
Komen:
a 15min close below 725 i will exit all positions at minor profit and will reenter later
Komen:
market is looking weak which can affect the sentiment
Komen:
exited at 754 rupees.
Komen:
june 02 2021 12:10 pm.