TATACHEM

From breakdown to bounce early footprints of a turnaround.

Despite the broader downtrend,

is showing early signs of a potential reversal with a sharp bounce from lower levels backed by a spike in volumes, indicating strong buying interest near support. The RSI recovering from oversold territory and ADX picking up suggests momentum may shift in favor of bulls if price sustains above the ₹640–₹660 zone. A short-term pullback rally towards ₹700–₹720 cannot be ruled out if follow-through buying continues.