Rachit_Sethia

#TIRUMALCHM CMP145.35 #Target 214 #MANGCHEFER #FCL #SUDARSCHEM

Long
NSE:TIRUMALCHM   THIRUMALAI CHEM
WEEKLY CHART
#TIRUMALCHM
NSE: TIRUMALCHM
Long Term Investment
CMP 145.35
Target : 214.80 (~45%)
SL : 111
Timeframe < 90 Days
Can hold for longer time might reach 400s



Factors:
Rounding Bottom Pattern
Trend Following
Rising Volume with rising Prices.
Flag pattern breakout.
Pennant Pattern Breakout with Bullish Candle.
Retest Successful.
Higher Highs & Higher Lows.
Broken above RESISTANCE levels
Trading at SUPPORT levels
Earnings are strong.
Bullish Wedge Breakout
Risk Return Ratio is healthy.
And
Rising from Double Bottom Pattern to Flag Pattern forming.

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With 💚 from Rachit Sethia