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rdkriplani
Apr 22, 2022 7:20 AM

Chemplast - Reversal Trade 

NSE:CHEMPLASTS1D
CHEMPLAST SANMAR LTDNSE

Description

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The co has huge savings in interest outgoing + its underlying commodities have tailwinds. (Both Caustic Soda and PVC resins)
Long above 640 (3.5% allocation) and a much bigger buy above 675 in this case. (6.5% more)
Stoploss for the first trade 595.
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