CHEMPLAST - A CUP & HANDLE IS IN MAKING. Explained in stock. A chemical play.
is a major manufacturer of Speciality Chemicals such as Specialty Paste PVC resin and Custom Manufactured Chemicals for agro-chemical, pharmaceutical and fine chemicals sector. The company also produces other chemicals such as Caustic Soda, Chlorochemicals, Hydrogen Peroxide, Refrigerant gas and Industrial Salt. The manufacturing facilities are located at Mettur,...
chemplast 1w time frame buy @ 493 target @ 539, 549, 561.95 channel breakout risk reward 1.5 its just a view trade @ your own risk sl@ 445.90
If this candle closes above 500. Then weekly candle will close as elephant candle. gud break out from range with awsome volume. supported by both key moving average 20& 200 MA. sl will be 445 target near 700
📊 Pattern: Rising Channel 📌 Symbol/Asset: Chemplasts 🔍 Description: Retesting strong Law Of Polarity zone, high probability of bounce back. 👉 Remember: Technical patterns are just one piece of the puzzle. Consider conducting further research, consulting with a financial advisor, and managing your risks appropriately.
After Strong Down Trend price try to make a base and when price sustain above 500 then we will see a good move
chemplast 1d time frame buy @ 490 target 520,530, 545 sl 456.50 risk reward 1.65
📉 Chemplast stock has recently experienced a significant 50% decline from its all-time high. However, on the weekly timeframe, the stock has formed a flat channel pattern and successfully broke out of it on the last Friday, signaling a potential bullish move ahead. 💪 This breakout was preceded by a buildup phase, which enhances the likelihood of a successful...
Good time to accumulate if sustain above 555 level. Disclaimer - This post is only for educational purpose and do not treat it as a trading recommendation.
Key product segments Suspension PVC - 67% of 9MFY22 revenue (vs 66% in FY21) Specialty chemicals - 21% of 9MFY22 revenue (vs 24% in FY21) Non-specialty chemicals - 12% of 9MFY22 revenue (vs 10% in FY21) Breakout in charts - can be added for longterm , targets marked in chart. Market Cap ₹ 7,440 Cr. Current Price ₹ 471 High / Low ₹ 685 / 357 Stock...
- As per the chart one can take long position with mentioned stop loss - Fundamentally Good company - Good for Long-term
Stock price near 52 week low Bullish Harami in Daily Chart Bullish Harami in Weekly Chart Piercing Line in Monthly Chart Stock price at the lower Bollinger band (weekly chart) Stock price at the lower Bollinger band ( daily chart ) Sharp rise in RSI on daily chart in RSI Very Sharp rise(V formation) in RSI on weekly chart RSI slowly increasing on monthly...
High probability trade setup. A potential reverse head & shoulder pattern is forming. As per price action, expecting a higher low after the higher high formed @ 685 level. Better to accumulate around 530 levels as it is in confluence with the following: i) Key support level ii) Retest of descending channel iii) At golden FIB level. iv) Bottom of...
PRICE ACTION ANALYSIS Stock Name: CHEMPLAST SANMAR LTD CMP: 645 1. Why Trade for Quick Swing ⁉️ - Morning Star at Support of 50% Fib Level - Trendline Breakout with Volume 2. When to Buy❓ - Buy above High of 13th April i.e. above 647 3. What should be my Stop Loss 🔴 - If stock closes below 610 on Daily basis, exit and wait for next trigger! 4. But my view is...
Chemplast- In Buying Range. A Close below Rs. 620 will be a Stop Loss. Target 1- 670 Rs. , Target-2 750.
Alert::: Exit @ 505 place SL orders at 505 . Might fall severely if closes below 505
If stock brake 622 level then more up side possible
channel breakout , looks bullish can retest channel before moving up