Fundamentals: From past few weeks, we are observing good buying in chemical sector especially in agro-chemical. Subsidiary of tata chemical Sector is coming out of long price and time correction phase. Promoter holding has increased by 5% in current consolidation phase . FIIs stake is also increasing Public is decreasing quarter by quarter
Technical: Weekly price chart is coming out of consolidation. New high was made today after 4-5 weeks Good volume bars on weekl chart RSI is bouncing back from levels of 60
TARGET -1 : 300 TARGET -2 : 325 STOP LOSS: 242
**These are my personal observations. Please trade at your own risk.**