Hello & welcome to this analysis The stock after a strong retracement has gone into a sideways trend mainly due to the sector seeing sharp decline. Currently in a triangle in weekly time frame, a breakout is probable above 515 while further downside should not be ruled out if it breaches 400. Overall fundamentally a strong stock one could keep an eye for...
LXCHEM is reversing after a long consolidation phase and as per Weekly time frame targets are as followed:- 300-325-350-400-450-500-600-630.
Logic:-RSI positive divergence near trendline support followed by Consolidation breakout Epigral is yet another chemical stock showing reversal signs. It has got decent return ratios (ROE , ROCE above 30% ) and PE ratio of 18 at CMP. Relatively safer stock to bet as technofundamentals are strong together. Happy trading!
Chemical sector technicals has good setup in daily chart and improving in weekly chart.
Chemicals technical got better in daily chart. Weekly chart improving. Sector leader Pidilite Industries Q chart
Hello & welcome to this analysis Stock has seen a correction after being an outperformer over the last few years. Currently at two bullish harmonic patterns - Reciprocal ABCD and Gartley. As long as it sustains above 2000 it retrace back to 2200 - 2350 and more. Happy Investing
After a long consolidation AKSHARCHEM is moving out from a triangle. Keep an eye on this for 400-450 price. NOTE: I'm not a SEBI REG. Study before investing.
Hello Everyone, i hope you all will be doing good in your trading and your life as well, i have brought another stock from chemical sector which produces Chloralkalis: Caustic Soda Lye and Flakes, Liquid Chlorine, Hydrogen, Caustic Potash Lye and Flakes, etc. Company belongs from solid fundamentally Meghami Group. it is the fourth largest manufacturer of...
Company producing bromine and industrial salt with great fundamentals and cashflows. Chemical industry is still struggling. In recent concall, Management said global inventories are over and could expect the demand soon. They've increased the capacity as well. Management further said domestic demand is picking up. 1st target 700, 2nd target 815. Could be held for...
After falling 30-35% from the last swing high VALIANT ORGANICS is showing some accumulation with hidden volumes. NOTE: I'm not a SEBI REG. Study before investing.
NSE:AEGISCHEM Multiyear Year Breakout with high vol. Can expect huge upside in the upcoming months. Must add in your watchlist Core Business: Aegis Logistics Limited is a prominent player in the oil, gas, and chemical logistics industry. The company specializes in the storage, handling, and distribution of liquefied petroleum gas (LPG), liquefied natural gas...
Atul is one of the major stock of chemical sector which has been correcting since past many months. We have seen a reversal in chemical stocks and similar reversal pattern is visible in Atul as well. A clear flag breakout in weekly TF is visible. Confirmation is above 7600 Stock can even touch ATH if the rally continues for an year. Keep this in watchlist.
AARTISURF is trading near it's breakout area and re-testing the zone where it gave a breakout. NOTE: I'm not a SEBI REG. Study before investing.
Fresh breakout is expected in BALAJIAMINES. The stock gave a breakout last week with big volume and expected to move further up. NOTE: I'm not a SEBI REG. Study before investing.
Aether Industries Ltd | Momentum Swing Idea Incorporated in 2013, Aether Industries Limited is a manufacturer of specialty chemicals . Financial : strong Market Cap = 11,959 Cr. ROCE = 18.4 % ROE = 15.9 % Debt to equity = 0.01 Promoter holding = 81.8 % Piotroski score = 4.00 Quick ratio = 4.36 Profit Var...
RAMA PHOSPHATES is near it's triangle breakout and can deliver some outstanding returns. Short term targets are 15-20%. NOTE: I'm not a SEBI REG. Study before investing.
CLEAN SCIENCE stock is trying to hold above 1400 price level and it is expected to give breakout in some weeks. Price above 1450 can start its new journey and the company is DEBT FREE, Profit and reserves are getting better. Anyone who is planning to invest in LONG TERM based stocks can consider this one for your portfolio.
Epigral is India's 4th largest manufacturer of Caustic Soda, Chlorine and Hydrogen and a leading manufacturer of Caustic Potash, Chloromethanes and Hydrogen Peroxide. Epigral is strengthening its position in the specialty chemical segment by expanding CPVC Resin capacity to 75,000 TPA, setting up CPVC compound capacity of 35,000 TPA, entering into the...