The outlook for tata chemicals is bullish. The stock formed a triple-bottom bulish reveresal pattern. The breakout Above ₹ 885 last month and the Rise this week confirms this pattern. The region between ₹ 890 and ₹ 880 will not act as a good support and limit the downside. The 21-day moving average (DMA) is on the verge of crossing over the 100-dema. This also strengthens the bulish case. Tata Chemicals Share Price Can Rise to ₹ 950 in the Coming Weeks.
Today’s Stock Recommendation: June 5, 2025
Video Credit: Gurumurthy K
Traders can buy tata chemicals now ₹ 914. Accumulate on Dips at ₹ 900. Keep the stop-level ₹ 885 initially. Trail the stop-level ₹ 920 as soon as the stock goes up to ₹ 928. Move the stop-Loss Further up to ₹ 927 and ₹ 935 when the price touches ₹ 932 and ₹ 940 responsible. Exit the stock at ₹ 950.
(Note: the recommendations are based on technical analysis. There is a risk of loss in trading.)
Published on June 5, 2025