CHEMFAB ALKALIS NSE

Updated
Date 7th Mar 2024

Chemfab shown breakout with gap opening from significant resistance last week.
Target was already decided with breakout, and now I am giving actual call to buy it after rejecting sellers pressure.

Thank You!
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One more thing to add is its allover bullish stock so can carry positions on monthly closing candle above 5 ema line.
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Upper Circuit All day
Going Well
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Another Day with Strong Opening !
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Again, Retesting Red Line, until it close (D) above that line it's still bullish.
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580 is Good Support now and will works as a SL too.
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Good Monthly Closing at 652 Rs.
In a Daily and Weekly TF price is still above 5 ema so good to carry even if you bought at little higher price.
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Retested Again on Same Support line.
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10% Upper Circuit
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Slowly but Moving Upside :)
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Breakout and near 800 Rs mark
Trade closed: target reached
And Finally, Target Reached

CHEMFAB can go further for medium term and Long Term investment.

Thank You!!!
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Next Target for long Term and Medium-Term Investors
1168 Rs
CMP- 963 Rs
Trade active
5% for 2nd Consecutive Trading Day ⚡
By opening 991 Rs it is making new ALL TIME HIGH ⬆️
Enjoy the Ride

For long to Medium Term Investors**
Trade active
1000 Rs Mark Crossed ‼️‼️
Trade active
100% Return Since Posted this March 2024 💖
1160+ Next Stop .
Trade closed: target reached
Square Off Positions!!!
1024 Rs
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