Stock is really good for long term, recently it has done the acquisitions in the pharma API and intermediates business, it will be earnings and value-accretive.
PI Industries (PIIND; CMP: Rs 3,066; Market Cap: Rs 46,512 crore), a leading player in the global CSM (custom synthesis manufacturing) export business, announced on April 27, 2023, that some of its...
Attached: PIIND Daily Chart as of 21st April 2023
Price has given a Squeeze Release Buy Signal
+ an Inverted Head & Shoulder Breakout Buy Signal as well
Markings on Chart are SELF EXPLANATORY ^
Levels:
Buy at Current Market Price ~ 3189
Stop Loss < 3112
Upside Target= 3400
Good Day
Hello Traders,
From an all time high of 945 the stock is in downtrend for a long time. In the month of OCt 2021,
it touch a high of 621 then felled from there to 232. Now it started consolidating and moving up,
showing strength.
Keeping 300 as strict Stop Loss, one can start adding up for long-term looks like a doubler from here.
Hold it patiently...
📊 Script: MFL (MEGHMANI FINECHEM LIMITED)
📊 Nifty50 Stock: NO
📊 Sectoral Index: N/A
📊 Sector: Chemicals
📊 Industry: Specialty Chemicals
Key highlights: 💡⚡
This stock pick is according to my study. I have use few indicator that is
BOLLINGER BAND
MACD
RSI
DOUBLE MOVING AVERAGE
VOLUME
📈 Script is trading at upper band of Bollinger Bands (BB) and giving breakout...
📊 Script: INDIAGLYCO (INDIA GLYCOLS LIMITED)
📊 Nifty50 Stock: NO
📊 Sectoral Index: NIFTY 500
📊 Sector: Chemicals
📊 Industry: Chemicals & Petrochemicals
Key highlights: 💡⚡
📈 There is crossover in MACD as well as in double moving averages and stock is trading towards upper band of BB last but not least RSI is around 62.
📈 One can take swing trade after stock give...
Current price correction of 43% and finding support at 61.8% FR Retracement level are in line with past major corrections. RSI is also turning from its historical Oversold zone. The stage is set for a turnaround in the stock. One can look to invest for a longer term target of a new all time high on the stock with a stop loss of Rs.650!
Mangalore Chemicals (Mangchefer) has given multiyear breakout with volumes.
One can buy at Retest 105 with 80 as Stoploss.
All ideas are shared for Educational purpose only.
No Buy or Sell recommendation.
This is just for educational purpose and no buy or sell recommended.
Chart is self explanatory and if it shows a good green breakout candle then consider this for long positions
Both TECHNICALLY and FUNDAMENTALLY strong stock.💪💪
The company recently posted the best Quarterly result and will very likely post similar results in Q3 too.
.
The stock has been forming a Rounding Bottom for some weeks. Now, with the W pattern Reversal with Huge Volume, this bottom formation seems to come to an end & we can expect a strong rally from this...
#GHCL
Looks good on Daily charts.
Taking entry with 50% qty at CMP, will add remaining 50 at Breakout retest.
Keeping SL of 353 on DCB
Forming flag pole on weekly charts
#vr
Fcl all time high breakout in weekly time frame.
Simple price action,.
Resistance broken with excellent volume today.
Sl below swing and target as given. Book half ur quantity at target 1 and after target 1 also breaks then go for target 2.
I am not recommending you to buy. Do your own analysis before entering.
One fundamentally strong stock in the Nifty 50 Technically, it is at a good level. Let's see if there are any breakouts from here. UPL is now nearly 10% lower than its 52-week high. From Sep onwards, it traded in a narrow range. (760H and 676L)Look at the chart now; it is testing the 760 level; let's see if there is an opportunity to the upside. If the Nifty gives...
