Chemfab Alkalis Ltd. at Buy Support. CMP 1124Chemfab Alkalis Ltd. at Buy Support. CMP 1124.
Breakout above 1183.50 closing basis.
Expected levels of 1466.
Reversal from strong support zone with volumes.
Chemfabalkalis
CHEMFAB ALKALIS NSEDate 7th Mar 2024
Chemfab shown breakout with gap opening from significant resistance last week.
Target was already decided with breakout, and now I am giving actual call to buy it after rejecting sellers pressure.
Thank You!
CHEMFAB - Ichimoku Breakout📈 Stock Name - Chemfab Alkalis Ltd
🌐 Ichimoku Cloud Setup:
1️⃣ Today's close is above the Conversion Line.
2️⃣ Future Kumo is Turning Bullish.
3️⃣ Chikou span is slanting upwards.
All these parameters are shouting BULLISH at the Current Market Price and even more bullishness anticipated AFTER crossing 633.
🚨Disclaimer: This is not a Buy or Sell recommendation. It's for educational purposes and a guiding light to learn trading in the market.
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Chemfab Alkalis Ready to launch✔️✔️CHEMFAB🤍LAUNCH SOON
🤍 INTERESTING FACTS
🔹Stock in a multi year resistance zone.
🔹Interestingly increasing volume.
🔹Attractive Q3 result.
🔹Company has reduced debt.
🔹Company is almost debt free.
🔹Stock is trading at 1.11 times its book value.
🔹Company is expected to give good quarter.
ABOUT THE COMPANY✔️
Chemfab Alkalis is engaged in the Business of Manufacture of Inorganic Chemicals and trading of PVCO Pipes.
🙏Study the chart then Invest
CHEMFAB ALKALIS DAILY CHART AS ON 10.01.2022 TARGET ACHIEVEDPosted 10.01.2022 CHEMFAB ALKALIS stock above 190 for a target 195. Today stock made a high 201 and closing at 188.
CHEMFAB ALKALIS DAILY CHART ANALYSIS AS ON 10.01.2022CHEMFAB ALKALIS as per daily chart analysis stock above 190 for a target 195. Resistance 198 level.
