Technical view by Nooresh

Tata Chemicals – A clean Breakout trade. Techno Funda Small Cap Company

Tata Chemicals



Tata Chemicals -


The stock was waiting for a breakout since last 2-3 weeks.

Today the stock gave a breakout above 275 and jumped to 290 +


The stock was initiated in our QuickGains Premium Plus Service.


9:34:31 AM 

nooresh.merani: Tata Chemicals buy above 275 stoploss 268 tg 290-300


9:47:35 AM 

nooresh merani: Book half at 284-285


Although the trade is done partially for short term, the breakout is an indication of a long term trend change. Investors can look to accumulate the stock at 285-275 with a long term upside target of 350-380.


Few days back we had released a report on a Techno Funda Small Cap Company . The report was available for free if you tweet it or share it on facebook. We have removed the criteria for sharing and one can directly download it from this link


The stock has moved from 235 to 270-275. Investors can book partial profits and keep the rest for long term. Dips to 250-235 still remain a buying zone.


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Nooresh Merani

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Article by Nooresh Merani

Nooresh has written 2532 articles.

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