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Swastik24

FAIRCHEM ORGANICS Trend Analysis

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FAIRCHEM ORGANICS LTD (NSE:FAIRCHEMOR)  
Swastik24  
NSE:FAIRCHEMOR   FAIRCHEM ORGANICS LTD
Trend Analysis Chart Patterns Beyond Technical Analysis fairchemorganics fairchemorganicstrendanalysis fairchemorganicsshort chemicalstock
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trendanalysis chartpattern beyondta fairchemorganics fairchemorganicstrendanalysis fairchemorganicsshort chemicalstock
Price is showing hidden bearish divergence with RSI on Daily & Weekly TF.

Descending broadening wedge pattern is forming as highlighted.

Fundamentally the stock is highly overvalued.

Good to accumulate around 850-900 levels for the following targets:

Short term swing target @ 1590 (76.67% ROI)

Medium term swing target @ 2250 (150% ROI)

Long term positional target @ 3300 (266.67% ROI)

Do your own due diligence before taking any action.

Peace!!
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