AegisChem has already gone through a healthy consolidation phase, and now, trajecting in a northward journey.
1. Positive RSI Divergences: It gave two positive RSI divergences
2. W Pattern: It seems to be making W Pattern. It is moving towards its trough area. Once, the trough is cleared, it will move upside with further more strength
3. Price Volume Action: Last candle was a long and strong green body with a huge volume support, indicating long build-up
4. Key Resistances: R1-244 R2-268 R3-284
5. Quarterly results and Half Yearly results are significantly more Y-O-Y Basis
6. OPM has grown remarkably about 6% each in both the Quarters on Y-O-Y Basis
Consider it a medium to long term study for higher gains
Disc.: I am not a SEBI Registered Investment Advisor. Study the stock by your own or in consultation with your financial advisor.