Vishnu Chemicals Limited
Long
Updated

VISHNU - 1.5 Years Downtrend Breakout

516
Vishnu Chemicals Ltd

1) Time Frame - Daily.
2) The Stock has been in a Downtrend since (September, 2022). Now It has given a Downtrend / Consolidation breakout & Closed with good volume & good bullish momentum candle in Daily Time Frame.
3) The next resistance would be it's Previous Life Time High (434 - 16.60% from the price 372.10).
4) Recommendation - Strong Buy.
Note
As mentioned previously, The given target of (434 - 16.60%) from the given price (372.10) is achieved.

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