TATA chemical symmetrical triangle
note: symmetrical triangle may break the resistant line if market is bullish, or it will break the support line if the market is bearish.
pros:
narrow range stock in monthly chart
book value 873
cons:
P/E is 99.31 vs the sector P/E 26.43(Tijori)
This analysis is my own idea.
I don't recommend taking trade based on this idea.
consult your SEBI registered adviser to Know the market risk before trade.
pros:
narrow range stock in monthly chart
book value 873
cons:
P/E is 99.31 vs the sector P/E 26.43(Tijori)
This analysis is my own idea.
I don't recommend taking trade based on this idea.
consult your SEBI registered adviser to Know the market risk before trade.
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