Kothari Petrochemicals Ltd is fundamentally good company. it is debt free, Company has delivered good profit growth of 31.8% CAGR over last 5 years
Good to buy around 110 to 130.
-View for education only, not a registered advisor.
Please look into the chart for a detailed understanding.
Consider these for short-term & swing trades with 4% profit (In my observation, I found that most of the stocks reached 3% to 4% on weekly basis)
Please consider these ideas for educational purposes.
*Kothari Petrochemicals Ltd.*
C&H Formation on Yearly Basis.
Strong Price BreakOut & Sustained.
Vol. BuiltUp Continuation to be Watched.
Trail SL with Upside.
Book Profit as per Risk Appetite.
Co. Mfgs. Poly IsoButylene: Used in Non-staining metalworking fluids, High temperature/specialty lubricants, high viscous / energy efficient gear oils & greases.
Capacity...
Please look into the chart for a detailed understanding.
Consider these for short-term & swing trades with 2% profit.
For BTST trades consider booking
target for 1% - 2%
For long-term trades look out for resistance drawn above closing.
Please consider these ideas for educational purpose
NSE:KOTHARIPET broke out from the triangle pattern after consolidating in it for 5 months.
The closing of the breakout candle is strong and volume burst is significant.
Buy 90% of your position if it breaks 71.4 level and sustains in 15min timeframe. Enter with 10% position after some sort of dip or retrace.
Stoploss marked on the chart. Placed below the...
Kotharipet CMP - 17.40
Looking Bullish and one can go for quick short term investment with the following targets below.
Buy @ 17 - 18.50 / Stop Loss - 14.50
Target 1 - 19.50
Target 2 - 20.50
Target 3 - 21.50
Note: This is my view and for educational purpose only
