Fundamentals:
From past few weeks, we are observing good buying in chemical sector especially in agro-chemical.
Subsidiary of tata chemical
Sector is coming out of long price and time correction phase.
Promoter holding has increased by 5% in current consolidation phase . FIIs stake is also increasing
Public is decreasing quarter by quarter
Technical:
Weekly price chart is coming out of consolidation.
New high was made today after 4-5 weeks
Good volume bars on weekl chart
RSI is bouncing back from levels of 60
TARGET -1 : 300
TARGET -2 : 325
STOP LOSS: 242
**These are my personal observations. Please trade at your own risk.**
From past few weeks, we are observing good buying in chemical sector especially in agro-chemical.
Subsidiary of tata chemical
Sector is coming out of long price and time correction phase.
Promoter holding has increased by 5% in current consolidation phase . FIIs stake is also increasing
Public is decreasing quarter by quarter
Technical:
Weekly price chart is coming out of consolidation.
New high was made today after 4-5 weeks
Good volume bars on weekl chart
RSI is bouncing back from levels of 60
TARGET -1 : 300
TARGET -2 : 325
STOP LOSS: 242
**These are my personal observations. Please trade at your own risk.**
Dagangan aktif
target 1 hit
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.