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Stock of the day: Buy Tata Chemicals Ltd For Target Rs.1035 - Religare Broking
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Tata Chemicals Ltd
* Tatachem has been trading in a corrective phase, after making a new record high at 1188 in Oct, 2022.
* It has witnessed a fresh breakout from a triangle pattern now, with decent uptick in volumes.
* The price action combined with existence of support of moving averages ribbon is pointing towards steady up move.
* We thus recommend creating fresh longs in the mentioned range.
Buy Tata Chemicals Ltd CMP 997.20; Range 992-998; SL 980; Target 1035
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