Chemcon Long

Updated
CHEMCON

Chemcon after falling from its IPO listing, its consolidating in a range. It can be accumulation phase as stock is making higher lows and volume of green candles is high.

CMP 433
Stop loss for longs: 410

Looking good for positional trade
Note
Chemcon 500+
almost 17% up till now
Book partial gains and hold remaining with stop loss
Chart Patterns

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