This is the analysis of SPIC in Daily Time Frame. Watch carefully. The chart explains itself. The stock managed to break the long term resistance with increasing volume. It can retest the breakout level. If it will sustain above the breakout level, it is good for the stock. Generally Multiyear Breakout is a bullish signal for stocks. There are some prediction...
SOUTHERN PETROCHEM chart is good entry - 74.60 or mondey morning price (19-12-2022) TG - 86 and SL - 70
Southern Petrochem SPIC Bullish Setup with high volume and and good fundamentals
I believe it will race to its All Time High because the rounding bottom pattern looks quite clean. Very less Overhead supply.