- Alkyl Amines is consolidating from a long time.
- It has strong support at 3540. If it breaches support then it can go down to 3340.
- Volume has been dry for AA this month after the stock split.
- Stock is trading below EMA 50.
1. Views are personal and for educational purposes only. Recheck and take the trade as per your RR.
2. Always remember SL is your lifeline, not the big target...
3.Follow us for more patterns and like, share so that we feel it is helpful to many and share more patterns...
3. Views given here is not a tip rather it is for educational purpose... Aftermarket...
Alkyl Amines Chemicals is a global manufacturers and suppliers of amines, amine derivatives and other specialty chemicals. The stock has declared EPS of Rs 25.88 during Q1FY21 as against full year EPS of Rs 105.47 which is ~25% of full year EPS. Considering the Covid lockdown the performance during Q1FY21 was good. The stock is now consolidating near its ATH and...
There is a cup and Handle Pattern Which is forming.
Weekly Chart is Bullish.
Breaking above the Resistance and sustaining those level may lead to see a 1910 Targets on Upside.
Observing RSI Crossing 60 Would be another confirming Signal.