AKSHARCHEM Reversal trade set up1. Set up: Breakout 2. Bottomed out 3. In process of big rounding bottom 4. RR 1:13+ with 2 probable entriesALongby The_SharkTrader1
Aksharchem - longAksharchem - long Buy & accumulate zone: 320 - 350 Target 1: 408.4 Target 2: 456.85 Target 3: 525.75 Target 4: 613.60 Long-Term Target 867.15 Immediate Support: 299.25 Major Support: 201.9 Trade and Invest Wisely with your knowledge! Good Luck! You can also see my other stock analysis and the results in my profile ideas. Please follow me, If you would like to see more ideas on winning stocks. **Disclaimer: I am NOT a SEBI registered consultant/Advisor (and NOT any country-authorized board registered consultant/Advisor). It is completely my view and opinion. My intention is not to provide any financial advice, training advice, or any type of advice or any recommendations on stock/Forex/Coin buying or selling. Please do your research and consult with your financial advisor before taking any action. I am not responsible for any of your actions on buying, selling, or holding the above-mentioned stock or/and index or/and Forex or/and coins.ALongby pmosesoliver3
AKSHARCHEM (Weekly BO)After a long consolidation AKSHARCHEM is moving out from a triangle. Keep an eye on this for 400-450 price. NOTE: I'm not a SEBI REG. Study before investing.Aby tradingcultsUpdated 2
Chart analysis on AKSHARCHEMThe stock is currently moving in a range and showing higher lows.Along with symmetrical pattern it is also following channel pattern .Need strong breakout candle with volume that breaks the channel pattern and come out of the range.ALong02:28by tradetime888117
AksharchemPrice movement in upward direction. need to break this 310 level. after that long rally we can see.ALongby PANNER_SELVAM_KATTAKALAI0
AKSHARCHEM Trendline BO & Harmonic PatternIn this analysis, we will delve into the technical aspects of the weekly chart for AKSHARCHEM, aiming to provide insights into potential trading opportunities based on key patterns and indicators. Breakout of Weekly Trendline: The chart presents a significant breakout of a weekly trendline. Breakouts of trendlines, especially on longer timeframes like the weekly chart, can signal a shift in market sentiment. In this case, the breakout indicates a potential transition from a bearish trend to a bullish one. This breakout is a critical point of interest for traders, often influencing their decision-making process. Confirmation Through RSI Breakout: The breakout observed on the Relative Strength Index (RSI) adds more weight to the breakout from the trendline. RSI is a popular momentum oscillator that measures the speed and change of price movements. The fact that the RSI has also broken out suggests a convergence of signals, enhancing the credibility of the bullish scenario. Black Swan Harmonic Pattern: Adding further intrigue to the analysis, a Black Swan Harmonic Pattern is discernible on the chart. This pattern, also known as the alternate bat pattern, is a relatively rare occurrence and can be seen as a reversal pattern. The presence of this pattern might imply that the current trend is at a potential turning point. Proposed Trade Strategy: Taking the insights from the chart analysis into account, here's a proposed trade strategy: Entry: Consider entering a long position at the current market price (CMP) of ₹260.9. This entry point aligns with both the breakout from the weekly trendline and the confirmation from the RSI breakout. Stop Loss (SL): Implement a stop loss at ₹230. This level is strategically chosen to allow for reasonable price fluctuations while providing protection against sudden adverse movements. Effective risk management is vital to successful trading. Targets: Set multiple targets to take advantage of potential price movements: Target 1: ₹290 Target 2: ₹344 Target 3: ₹399 These target levels are determined based on the potential upside suggested by the breakout from the weekly trendline and the Black Swan Harmonic Pattern. Conclusion: While technical analysis offers valuable insights, it's important to note that no analysis guarantees specific outcomes in the stock market. Trading involves risks, and comprehensive research, risk management, and consultation with financial professionals are essential before making any trading decisions. The breakout from the weekly trendline, confirmation from RSI, and the presence of the Black Swan Harmonic Pattern create an interesting scenario for AKSHARCHEM. However, market conditions can change rapidly, so staying informed and adaptable is crucial for successful trading.ALongby yaashulUpdated 1
Long Akshar Chemicals : Gearing Up for the next move Good Day Hello Traders, From an all time high of 945 the stock is in downtrend for a long time. In the month of OCt 2021, it touch a high of 621 then felled from there to 232. Now it started consolidating and moving up, showing strength. Keeping 300 as strict Stop Loss, one can start adding up for long-term looks like a doubler from here. Hold it patiently and it can give good returns in 6 to 12 months time frame. Disclaimer : I am not SEBI registered analyst, this is for educational purposes. Please trade as per your risk and do consult with your financial advisor before taking any trading decisions.. If you really like the analysis , please do comments, LIKE and Follow me.ALongby Piscean17thUpdated 0
Aksharchem -buyBuy from cmp to 270 easy tg - 290 tg2 - 300 short term tg - 325 Disclaimer : This is my personal analysis for study purpose not intended for trading ALongby ShreeGanesh_19911
AksharChem 50% Move Coming in next 3 monthsNSE:AKSHARCHEM is moving a final move, which i see will fizzle out climactically around Rs655-Rs675. But even before it does, This Scrip has enough potential to bear atleast 45-50% Profits to us.ALongby Vikas_Narayana0
Possible Divergence in AksharchemOn an Hourly time frame, a divergence is possibly formed. If the consolidation is broken then a quick run-up should follow. Possible Target is given in the chart. Disclaimer: Only for Educational Purpose. Feel free to provide suggestions.ALongby AarshVyasUpdated 1
AKSHARCHEM: 🚀🚀Good Buy@ CMP TGT 1 - 610 TGT 2 - 660 𝑫𝒊𝒔𝒄𝒍𝒂𝒊𝒎𝒆𝒓: The analysis is only for illustration purposes only. Please consult your financial advisor, agent, broker before acting on any information. We may or may not have positions in the stock and our actions may be contrary to the one mentioned here. This analysis may or may not be updated. We would not be responsible for the profit/loss resulting from this analysis ALongby finogent0
Chemical surge in D-streetfollow up to all the chemical stock gaining there are only handful stocks left who havent contributed to this. One if this is akshar chem who saw some buying rage few weeks back. Here the length of the triangle gives a cheezy target of 630 but with the sector touching highs , build a position with caution. Sl can be 450 for short term trades Disclaimer: Not a recommendationALongby VigneshIyerUpdated 0
Bullish NSE:AKSHARCHEMBuy = 540 SL = 471 Target 1 = 678 Target 2 = 747 05/10/2021 Bullish NSE:AKSHARCHEM-->Aksharchem (India) Ltd Buy for short term ALongby tradewithanusha0
AKSARA CHEMICAL LOOKS GOOD BUY 500-504 TARGET 517 SL 449-DKM SIR buy as per your risk ALongby DKM_220
Head & Shoulder breakout of AKSHARCHEMHead & Shoulder breakout of Akshar chem with Volume on weekly TF. In daily TF consolidation after the breakout is there with low volume. Two Target are there one based on Range Calculation and one based on the fib retracement of 61%.ALongby Shekhar7272Updated 2
AKSHARCHEM#AKSHARCHEM Breakout from Feb 2019, more than Two and half year breakout with rising Volumes.ALongby EthicalTraders1
AKSHAR CHEMICAL : can be a 3rd waveA long term down trend line break, A horizontal resistance broken and retested. Stock is moving up in an impulsive wave. one should buy the stock on cmp & look for the tgt of 480/580 zone. Stop loss should be 330.ALongby TradingSutra3336
AKSHARCHEM Bullish Trend AlertAKSHARCHEM stock one triangle pattern formed after breakouted healthy retracement going target 1 and 2 big fly price ALongby Muthu15010