{"schema_version":"1.0","name":"TATACHEM Technical Research Pack","type":"technical_research_pack","method_version":"technical-research-pack-1","as_of":"2026-08-14","ticker":{"uuid":"afe3e765-99f8-4850-bebc-f5a950c74489","symbol":"TATACHEM","name":"Tata Chemicals Limited","exchange":"NSI","country":"IN","asset_type":"equity","currency":"INR","sector":"Basic Materials","industry":"Chemicals"},"summary":"Price structure and the underlying tape currently reinforce the same downside read.","sections":[{"name":"Executive technical read","description":"Completed-week price state, Market Dynamics alignment, current price and the principal technical KPIs."},{"name":"Market Dynamics","description":"The proprietary relationship between completed price, underlying support, positioning zones and confirmation."},{"name":"Ticker evidence record","description":"Current application, comparable historical conditions, zone outcomes and practical review conditions."},{"name":"Adaptive technical 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cautious, Market Dynamics positive","kind":"disagreement","expectedDirection":"higher","episodes":20,"completedEpisodes":18,"activeEpisodes":2,"medianExpectedMove":6.6,"averageExpectedMove":8.3,"averageWeeksToLargestMove":4.5,"horizons":[{"weeks":4,"sample":20,"expectedCount":10,"expectedPercent":50.0,"averageReturn":-1.0,"medianReturn":0.2,"confidenceLow":29.9,"confidenceHigh":70.1,"confidence":"Mixed historical record"},{"weeks":12,"sample":18,"expectedCount":6,"expectedPercent":33.3,"averageReturn":-3.1,"medianReturn":-3.0,"confidenceLow":16.3,"confidenceHigh":56.3,"confidence":"Mixed historical record"},{"weeks":26,"sample":18,"expectedCount":9,"expectedPercent":50.0,"averageReturn":-4.3,"medianReturn":-1.2,"confidenceLow":29.0,"confidenceHigh":71.0,"confidence":"Mixed historical record"}],"path":[{"week":0,"sample":0},{"week":1,"averageReturn":0.5,"sample":20},{"week":2,"averageReturn":0.3,"sample":20},{"week":3,"averageReturn":-0.5,"sample":20},{"week":4,"averageReturn":-1.0,"sample":20},{"week":5,"averageReturn":-2.9,"sample":20},{"week":6,"averageReturn":-1.3,"sample":20},{"week":7,"averageReturn":-3.5,"sample":20},{"week":8,"averageReturn":-4.8,"sample":20},{"week":9,"averageReturn":-4.7,"sample":19},{"week":10,"averageReturn":-3.8,"sample":19},{"week":11,"averageReturn":-2.5,"sample":19},{"week":12,"averageReturn":-3.1,"sample":18},{"week":13,"averageReturn":-1.9,"sample":18},{"week":14,"averageReturn":-2.0,"sample":18},{"week":15,"averageReturn":-3.0,"sample":18},{"week":16,"averageReturn":-3.2,"sample":18},{"week":17,"averageReturn":-3.5,"sample":18},{"week":18,"averageReturn":-4.5,"sample":18},{"week":19,"averageReturn":-2.7,"sample":18},{"week":20,"averageReturn":-2.7,"sample":18},{"week":21,"averageReturn":-2.1,"sample":18},{"week":22,"averageReturn":-2.4,"sample":18},{"week":23,"averageReturn":-0.7,"sample":18},{"week":24,"averageReturn":-4.2,"sample":18},{"week":25,"averageReturn":-5.0,"sample":18},{"week":26,"averageReturn":-4.3,"sample":18}]}},"pricePressureGap":{"label":"Price elevated relative to Market Dynamics","kind":"structuralDivergence","expectedDirection":"lower","episodes":0,"completedEpisodes":0,"activeEpisodes":0,"horizons":[{"weeks":4,"sample":0,"expectedCount":0,"confidence":"Not enough evidence"},{"weeks":12,"sample":0,"expectedCount":0,"confidence":"Not enough evidence"},{"weeks":26,"sample":0,"expectedCount":0,"confidence":"Not enough evidence"}],"path":[{"week":0,"sample":0},{"week":1,"sample":0},{"week":2,"sample":0},{"week":3,"sample":0},{"week":4,"sample":0},{"week":5,"sample":0},{"week":6,"sample":0},{"week":7,"sample":0},{"week":8,"sample":0},{"week":9,"sample":0},{"week":10,"sample":0},{"week":11,"sample":0},{"week":12,"sample":0},{"week":13,"sample":0},{"week":14,"sample":0},{"week":15,"sample":0},{"week":16,"sample":0},{"week":17,"sample":0},{"week":18,"sample":0},{"week":19,"sample":0},{"week":20,"sample":0},{"week":21,"sample":0},{"week":22,"sample":0},{"week":23,"sample":0},{"week":24,"sample":0},{"week":25,"sample":0},{"week":26,"sample":0}]},"currentApplication":{"status":"Evidence aligned downward","tone":"negative","headline":"Price and Market Dynamics remain aligned downward","use":"The downside remains supported until Market Dynamics repairs or price structure changes.","confirm":"The downside state remains confirmed until Market Dynamics repairs or price structure changes.","invalidate":"Reassess the reading when either price structure or the Market Dynamics state changes materially.","level":"negative","direction":"weakening","zone":"middle","zoneContext":"Price is between the accumulation and distribution zones. The Market Dynamics bars describe whether the current move is gaining or losing underlying support.","historical":{"label":"Broad directional cases","weeks":12,"direction":"lower","percent":31.8,"averageReturn":3.8,"sample":22},"nowContext":{"label":"Easier this week","detail":"Market Dynamics weakened this week and remains below zero."},"fourWeekContext":{"label":"Weakened over four weeks","detail":"Underlying support has contracted across the recent completed path."},"priceContext":{"label":"Price structure is downward","detail":"Price is responding in the same broad direction as Market Dynamics."}},"strategyApproach":{"headline":"Strategy observations from this ticker's own record","summary":"The current reading identifies the setup. The observations below show how this ticker's completed history can guide positioning, confirmation and risk control without treating any one reading as a forecast.","observations":[{"eyebrow":"Capital protection","title":"Treat agreement on the downside as a defensive condition","tone":"negative","approach":"Reduce the burden of proof for risk control and raise it for new long exposure. A short position still needs a defined entry, exit and maximum loss.","finding":"In this ticker's completed record, 31.8% of comparable cases moved lower after 12 weeks, with an average move of 3.8% across 22 cases.","watch":"Reassess the reading when either price structure or the Market Dynamics state changes materially."},{"eyebrow":"Zone positioning","title":"Use accumulation to prepare the long case, then wait for confirmation","tone":"positive","finding":"After accumulation, 100.0% of completed 12-week outcomes were higher across 1 cases. Distinct visits lasted 2.0 weeks on average before leaving the zone.","approach":"Build the thesis and entry conditions while price is in accumulation. Increase exposure only when price responds; location alone is not the entry.","watch":"A failed price response or renewed weakness removes the reason to increase long exposure."},{"eyebrow":"Disagreement playbook","title":"Use unsupported price strength to tighten discipline","tone":"caution","finding":"Comparable disagreements produced an average pullback of 7.2% across 21 completed cases, with the largest move arriving after 5.2 weeks on average.","approach":"Avoid adding simply because price is rising. Let improving Market Dynamics confirm the move, or let price reset before reassessing it.","watch":"The warning ends when Market Dynamics catches up or price gives way."}]},"summary":"This record compares the ticker's completed price path with its published Market Dynamics history."},"events":{"positioning_recoveries":[{"date":"2026-04-17","price":698.313477}],"distribution_rollovers":[],"price_pressure_gaps":[]}},"smTape":{"available":true,"dates":["2024-08-23","2024-08-30","2024-09-06","2024-09-13","2024-09-20","2024-09-27","2024-10-04","2024-10-11","2024-10-18","2024-10-25","2024-11-01","2024-11-08","2024-11-15","2024-11-22","2024-11-29","2024-12-06","2024-12-13","2024-12-20","2024-12-27","2025-01-03","2025-01-10","2025-01-17","2025-01-24","2025-01-31","2025-02-07","2025-02-14","2025-02-21","2025-02-28","2025-03-07","2025-03-14","2025-03-21","2025-03-28","2025-04-04","2025-04-11","2025-04-18","2025-04-25","2025-05-02","2025-05-09","2025-05-16","2025-05-23","2025-05-30","2025-06-06","2025-06-13","2025-06-20","2025-06-27","2025-07-04","2025-07-11","2025-07-18","2025-07-25","2025-08-01","2025-08-08","2025-08-15","2025-08-22","2025-08-29","2025-09-05","2025-09-12","2025-09-19","2025-09-26","2025-10-03","2025-10-10","2025-10-17","2025-10-24","2025-10-31","2025-11-07","2025-11-14","2025-11-21","2025-11-28","2025-12-05","2025-12-12","2025-12-19","2025-12-26","2026-01-02","2026-01-09","2026-01-16","2026-01-23","2026-01-30","2026-02-06","2026-02-13","2026-02-20","2026-02-27","2026-03-06","2026-03-13","2026-03-20","2026-03-27","2026-04-03","2026-04-10","2026-04-17","2026-04-24","2026-05-01","2026-05-08","2026-05-15","2026-05-22","2026-05-29","2026-06-05","2026-06-12","2026-06-19","2026-06-26","2026-07-03","2026-07-10","2026-07-17","2026-07-24","2026-07-31","2026-08-07","2026-08-14"],"close":[1060.0177,1070.2491,1044.547,1041.6307,1013.9514,1054.9761,1115.7223,1169.5486,1075.6367,1052.5542,1141.5233,1088.8832,1046.4253,1057.6453,1099.0159,1106.677,1081.0243,1017.0654,1034.3649,1016.1263,966.5507,964.1782,945.9395,974.8051,920.7316,836.8041,836.3592,768.4461,805.9614,786.9813,837.5455,854.9933,803.0947,822.7173,839.0283,816.9837,823.9529,807.9385,849.6552,863.9396,876.9885,923.4006,925.45,913.85,933.7,939.0,906.3,931.95,941.4,956.5,946.3,933.5,938.05,920.7,933.45,961.25,993.6,930.8,925.5,903.05,902.7,899.85,890.65,858.1,832.75,810.0,800.4,774.05,758.85,761.3,763.0,755.25,746.95,755.05,713.5,745.65,703.9,695.25,716.1,717.4,707.1,670.8,633.3,605.35,651.9,679.4534,698.3135,682.7527,796.75,769.7156,737.5601,738.8404,746.5223,708.4083,745.95,729.15,746.2,693.1,721.05,698.45,685.35,673.55,673.55,670.65],"consensus":[13.4513,0.0,-20.5604,0.0,-30.7073,18.5855,51.6676,57.6941,-25.1448,-24.5594,48.2315,-27.8853,-27.0344,0.0,18.7032,12.0375,0.0,-44.8665,-13.4432,-35.3472,-58.8051,-25.7065,-40.6705,0.0,-54.0891,-68.7955,-39.0812,-68.5825,-13.1261,-52.3344,8.6516,11.8291,-47.9426,10.1893,0.0,-38.2846,0.0,-25.428,30.2659,25.131,25.1633,62.3127,24.3521,13.4923,44.2562,26.0877,-16.98,34.0412,23.3541,29.0097,8.6829,0.0,0.0,-20.0471,9.0173,36.7837,48.1928,-31.9775,-10.0963,-40.3145,-28.0108,-25.7345,-35.2406,-52.5686,-53.7011,-59.3557,-52.7642,-63.4634,-52.9288,-32.1855,-41.0077,-39.8416,-42.9643,-20.5971,-64.9891,0.0,-62.7632,-47.6382,8.5304,-17.6636,-17.5284,-58.1243,-71.53,-63.6391,0.0,23.292,23.9854,-11.147,65.6705,0.0,-9.8486,19.7577,0.0,-22.0176,14.1843,-8.2362,14.8387,-35.9157,0.0,-28.0516,-32.1633,-34.1551,-24.6727,-25.2779],"supportDates":["2025-08-22","2025-08-29","2025-09-05","2025-09-12","2025-09-19","2025-09-26","2025-10-03","2025-10-10","2025-10-17","2025-10-24","2025-10-31","2025-11-07","2025-11-14","2025-11-21","2025-11-28","2025-12-05","2025-12-12","2025-12-19","2025-12-26","2026-01-02","2026-01-09","2026-01-16","2026-01-23","2026-01-30","2026-02-06","2026-02-13","2026-02-20","2026-02-27","2026-03-06","2026-03-13","2026-03-20","2026-03-27","2026-04-03","2026-04-10","2026-04-17","2026-04-24","2026-05-01","2026-05-08","2026-05-15","2026-05-22","2026-05-29","2026-06-05","2026-06-12","2026-06-19","2026-06-26","2026-07-03","2026-07-10","2026-07-17","2026-07-24","2026-07-31","2026-08-07","2026-08-14"],"control":[0.0,-21.0174,12.5535,37.0838,42.7717,-40.0538,-9.8649,-42.0234,-23.8921,-27.3592,-38.7397,-54.4168,-53.731,-64.7694,-55.4439,-68.805,-50.7107,-24.4613,-42.7204,-41.5691,-47.4299,-22.3757,-61.4149,0.0,-64.1801,-48.1267,10.8126,-12.8381,-19.49,-66.6296,-75.6521,-61.9208,0.0,19.2218,10.9774,-26.9653,54.8562,0.0,-18.7548,12.8266,0.0,-21.3527,10.8563,-12.7709,17.287,-48.2076,0.0,-30.3368,-31.6034,-39.5826,-22.042,-24.786],"force":[0.0,-32.5875,9.5462,39.551,54.6553,-66.9688,-12.429,-45.3905,-23.1085,-17.9705,-30.4157,-54.8833,-48.8723,-47.2897,-34.4148,-51.7219,-37.64,-2.3916,-14.5205,-20.8698,-30.42,-6.9543,-79.2229,0.0,-73.2871,-36.1825,53.9068,-0.2302,-5.2117,-61.2922,-80.7809,-66.2334,0.0,71.39,47.8327,-21.7137,91.803,0.0,-50.9219,13.6323,0.0,-27.1277,11.6423,-16.6544,9.6655,-36.8455,0.0,-30.9209,-28.7391,-30.7952,-12.8015,-18.2653],"direction":[0.0,-9.9809,4.5982,34.4642,49.7722,-2.2463,-8.6946,-34.7358,-36.2197,-29.4234,-34.688,-48.8028,-57.116,-61.7872,-62.8084,-65.7455,-66.3845,-62.2945,-57.9695,-51.4186,-46.8209,-38.244,-58.9068,0.0,-53.6268,-55.2625,26.4896,-35.6307,-24.0843,-46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downward confirmation","headline":"The gauges support the downward market view","summary":"Price structure and Market Dynamics agree. Control, force and direction support the same downward assessment.","take":"Current assessment: downward pressure has broad support.","tone":"negative","supportedView":"Price structure and Market Dynamics","direction":"downward","disagreement":false},"support":{"window":"Latest 12 months","controlState":"Seller control supports the view","controlPath":"Broadly stable","forceState":"Downward commitment","forcePath":"Commitment is easing","directionState":"Downward follow-through","persistenceState":"Developing","confirmationState":"Strong support","riskState":"Contained","intensityState":"Quiet"},"cards":[{"label":"SM Consensus Gauge","value":"-25.3","detail":"Joint downward confirmation","tone":"negative"},{"label":"SM Control Gauge","value":"-24.8","detail":"Seller control supports the view","tone":"negative"},{"label":"SM Force Gauge","value":"-18.3","detail":"Downward commitment","tone":"negative"},{"label":"SM Direction Gauge","value":"-30.8","detail":"Downward follow-through","tone":"negative"},{"label":"SM Confirmation Gauge","value":"84/100","detail":"Strong support","tone":"positive"}]},"kpis":[{"label":"Price structure","value":"Aligned downward","detail":"completed-week alignment","tone":"negative"},{"label":"Momentum","value":"41.6","detail":"Negative","tone":"negative"},{"label":"Risk pressure","value":"7.0%","detail":"Normal","tone":"neutral"},{"label":"Trend quality","value":"17.0","detail":"Range-led","tone":"neutral"},{"label":"Range position","value":"35%","detail":"location inside observed range","tone":"neutral"},{"label":"Adaptive set","value":"6 views","detail":"selected for the current tape","tone":"neutral"}],"charts":[{"key":"price","eyebrow":"Price architecture","title":"Trend, acceptance and volatility envelope","description":"Price is shown against fast and slow trend references with its current volatility envelope.","reason":"Selected as the anchor because price and its trend references are aligned 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