DAILY CHART FOR 24th OCTOBER

TATA CHEMICALS-   It made  a high of 576 and corrected.  It made a low of  504 and again resumed its uptrend.  20 ema has turned up, +di is above -di and stock broke the earlier high of 576 and it looks like a valid breakout.

Trading strategy-  Buy above 585  with a stop below 549.  Target - 625.

                                                                                                                                                                   
Disclaimer-   Research reports/strategies presented here are mere personal views of author and nothing else.   No assurance can be given that any financial instrument would yield favourable investment results. Any forecasts or price targets shown for companies and/or securities discussed in this document may not be achieved due to multiple risk factors including without limitation market volatility, sector volatility, corporate actions, the unavailability of complete and accurate information.  Therefore author doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.