Tata Chemicals has formed lower top on daily charts. The stock is on the verge of a classical H & S Pattern break out in southwards direction. Although pattern is formed on the charts timing the entry and exits is important in context of managing risk. The combination of basics with the advanced [P] square Elliot waves would give conviction to setup the trade with appropriate risk and money management methods.
The key S & R for the stock:
Support _ _ _ and _ _ _
Resistance _ _ _ and _ _ _
There is a big STAR trading opportunity in short & medium term coming up for the stock
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Learn basic to advanced [P] Square Elliot Wave Strategies from a Trader & Mentor Raju Angadi Vishwanath, MS, CMT
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