TATA CHEMICAL : The abandoned baby top formation……Many longs will sell their positions, aiming to keep most of their profits…..Stock is looking very weak.

TATA CHEMICAL

Last close 752.35

The abandoned baby top formation……Many longs will sell their positions, aiming to keep most of their profits…..Stock is looking very weak. Go short keeping strict stoploss of 766. On the lower side stock will slide to Rs.739… below this expect free fall upto Rs.725 mark …!!!