Chemcon is very bullish if sustain above this deciding level @432.
432 was resisting for a long time, breakout happened on 4 dec, it's a long run IF previous resistance at 432 takes support.
Targets are marked with some logic shown in the chart.
Its a Breakout
Plutus Wealth Management bought 10,00,000 shares of Chemcon at Rs 428.50 per share worth 42.8 crores, One can go long at some pullback/retracement @465 around if not entered already.
Target 1 HIT 🔥
Retracement at 465 is done, for fresh buyers...