Alhad

A Good short term swing trade in making

Long
BSE:NATPEROX   NATIONAL PEROXIDE LTD
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The stock, National Peroxide , is listed on BSE only. Historically, it's comparatively low volume stock. But, the company has near monopoly in Hydrogen Peroxide market.

As for current swing trade set up, the stock after a fairly long downtrend, hovering in and around 1800 to 2200 range till April '20. After that it went into more concentrated consolidation in 1800 to 2300 range. After giving breakout n pullback, now it's poised to take further upmoves. Chart is self explanatory.

Keeping SL as 2200, entry at around CMP , can be considered for the targets shown by Blue Lines. Ag Target 2, Risk:Reward is 1:6 considering 2300 as average entry point.

Disclosure - For study purpose, though personal holding can be considered.

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