TATACHEM LONG INTRADAY 12 AUG,2021Dear trader,
If u look at the chart of TATACHEM (analysis based intraday only) the TATACHEM Buy at 882 and Target at 895
Best Buy at 878.
Our Best Buy is based on high quality research and when the instrument reaches this level , it’s a jackpot trade.
Best Buy level might be executed or might not be executed.
The chart clearly indicates Bullish Trend you can also see the candle stick patters for more indepth analysis.
In Intraday most important thing is to enter and exit points.
Our signals are based on analytics, algorithms, mathematical derivatives.
Always be a responsible trader, kindly trade only when you have maximum opportunity in the market with minimum risk and with keynotes like data, analysis and proper strategies.
Kindly message us for strategies and analysis.
TATACHEM trade ideas
TATACHEM - Symmetrical Triangle BuildupLong-term bet stock for me.
I keep accumulating this stock on dips and decent quantity in my long-term portfolio.
Daily charts have a symmetrical triangle, BO of the same might give some good move.
CMP - 724
One can go long on BO with a small SL of 696 DCB.
All key levels are mentioned in the chart.
[Intraday] Tata Chemicals Short Bet Bearish Flag Short if triggers
Note :-
Entry - At the break of mentioned candle's low/high
Stop Loss -
In a Short Trade, I always use Previous Candle High ( PCH ) as a stop loss while entering the trade. Sometime I might use smaller tf SL & trade in 15M or 30M tf which I'll mention. Vice Versa for long trades
Trailing Stop Loss ( TSL ) - Mostly I trail stop loss by PCH as price falls . I exit as PCH breaks & vice versa
Use of PSAR indicator as TSL :- TSL get's hit in trend following due to noise, In such cases I use PSAR to be in trend & exit if PSAR direction change ( PSAR : Parabolic Stop n reverse )
You can use any one of above mentioned or your own way to manage risk
Time Frame :- I take ~ 90% of my intraday trades in 15m tf. Where my analysis might come from higher frames like W , D or 1hr chart pattern which will be mentioned.
Target :- I do set target line based on support / resistance slightly above/ below it . Please pay attention to it