Neogen Chemicals cmp 2356.25 by Daily Chart View*Neogen Chemicals cmp 2356.25 by Daily Chart View*
- Price Band 2175 to 2200 Support Zone
- Price Band 2345 to 2390 (ATH) Resistance Zone
- Volumes gradually increasing from flattish to well above the avg traded quantity
- Twin Bullish Rounding or Double Bottom as one may interpret, with neckline at Resistance Zone
- Daily basis Support at 2200 > 2025 > 1820 with the Resistance only at ATH 2390 and each New ATH
NEOGEN
Neogen Chemicals LtdNeogen Chemicals Ltd
Neogen Chemicals Ltd, incorporated in 1991, manufactures bromine and lithium-based organic and organo-metallic compounds, used in the pharmaceutical, agricultural chemicals, and engineering industries.
Market Cap₹ 6,166 Cr. Current Price ₹ 2,337
ROCE9.38 % ROE5.74 %
Profit Var 3Yrs4.40 % Sales growth 3Years27.1 %
GREAT COMPANY WITH STRONG FUNDAMENTAS.
Neogen Chemicals on a weekly chartOn a weekly chart, the stock price movement above 1630 can see it go to 1800 levels on a shorter time frame.
Post which, it will try to wriggle out of the 2 year consolidation zone with a move above 1930. Will wait and watch.
Note: Not a buy/sell recommendation. Consult your financial advisor.
NEOGEN - Ichimoku Breakout📈 Stock Name - Neogen Chemicals 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 1560.
🚨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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neogen chemicals min 20% return Trend line Trendline is broken and retracement is also completed.
smallcap stocks are going to boom.
long term investment; min 20% return
huge potential is there.
investment ;
if you are intrested in investmet, go for it with proper investment risk,
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. more than that " neogen "is fundamentally good
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.refer our old idea attached below
Neogen Chemicals: Long Term InvestmentThis message is in continuation of the first post regarding this stock. Those who have entered back then can enter with their second part now.
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Neogen chemicals posted a very robust result in the last quarter. The major correction seems to be over and the stock has taken an up trend. Even though some minor corrections are likely to happen, this stock will continue its up trend until the trend line resistance is touched. Once the trend line is broken it will get another boost from the investors.
Commencing operations in 1991, Neogen Chemicals manufactures specialty organic bromine-based chemical compounds as well as specialty inorganic lithium-based chemicals compounds.
>>The company’s products find application in pharmaceutical intermediates, agrochemical intermediates, engineering fluids, polymers additives and water treatment chemicals, to name a few
>>Neogen has two segments viz. (i) organic chemicals, (ii) inorganic chemicals of which organic chemical constitute ~80% of overall revenue while the rest comes from inorganic chemicals
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Can be entered in parts at CMP and lower with an idea of slow accumulation.
Target from positional view is 1795-1930.
Target as investment can be 4000+
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