charting.student

FAIRCHEM ORGANIC LONG

Long
charting.student Updated   
NSE:FAIRCHEMOR   FAIRCHEM ORGANICS LTD
2 possible entries with the same targets. Take whichever triggers first

Fairchem Organics has an operating revenue of Rs. 396.57 Cr. on a trailing 12-month basis. Pre-tax margin of 14% is healthy, ROE of 25% is exceptional. The company has a reasonable debt to equity of 15%, which signals a healthy balance sheet.
Trade active
Comment:
Target 1 hit
Comment:
Target 2 hit
Comment:
10% + returns
Comment:
Supply visible. Until its taken out, slow movement or down move expected
Comment:
Target 3 Hit
Trade closed: target reached:
All targets hit.
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