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
Neogenchemicals
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.