Long archean chem Long @ 539 SL @502 Tp1@ 608 Tp2 @701 Time frame 78 days end of oct to nove end 108 days
Aci Ltd making a good base before the exploitative breakout the stock is trying to make base between 645 to 670 Investor and swing traders may buy to enjoy the breakout rally if triggers Place sl at 530 ( medium term to long term traders )& swing traders may keep sl at the trendline Tgt 758 ( minor hurdle at 730 ) 825 850 next tgt Ask your financial advisor...
Above key moving averages and rise in volume suggest an potential upside of 20% from 640..
Archean Chemical Looks Bullish CMP 652 SL 570 Swing/Positional Target 720 ++ MFs Promoter and FII have increased stake in the company
ACI current price-593.85, market cap-7160cr , roe-45.18%, pe-17.59% , debt to equity 0.05 the entry must be above 600 if sustains and targets can be 6750-700-750 in short to medium term
This script as per my understanding is appearing to be holding the support zone. It has a target as shown in the chart drawing. Worth watching for study purpose.
NSE: ACI is closing with a bullish swing reversal candle supported with volumes. Today's volumes and candlestick formation indicates strong demand and stock should move to previous swing highs in the coming days. The stock has been moving along the horizontal support for the past few days which is indicating demand. One can look for a 8% to 12% gain on deployed...