NSE:AETHER small cap scrip is forming triangle pattern.
Revenue and income is consistently growing.
Dept to ratio of 0.38 might be a concern, but its actually reduced from 0.61 in 2018, which is a good sign.
But PE ratio is high compared to its peers and sector PE.
Its good enough to enter in 840 to 920 range, and enter more on breakout.
Key note : Always...
*laxmi organics is expereincing volatility contraction.
* there is volume in every green candle.
*my traget would e 385 the hurdle zone LXCHEM.
*one can enter @the reak of 355 for a target of 385 with a SL of 348( rememer wait till it breaks 355 dont preampt)
CSCL, is a Vadodara, Gujarat based company incorporated in 1988, involved in manufacture of Pharmaceutical intermediates and Oilfield Chemicals. Chemcon specialty chemicals limited is the only manufacturer of HMDS (Hexamethyldisilazane / Hexamethyldisilane) in India & 3rd largest manufacturer of HMDS Worldwide. Chemcon has share of >10% in global market.
Watch carefully if Break yellow trendline and sustains above 670 then we can long on IOLCP
Untill n unless just watch
Risky can buy at cmp with Swing low As a SL
Note - please concern with your fianancial advisor befor taking any entry or exit
AGAIN MONSOON PLAY !!!
ROUNDING BOTTOM FORMATION ON MULTI TIME FRAME CHARTS
WAITING FOR A BREAKOUT CANDLE GIVING A DAILY CLOSING ABOVE 840
TARGET 1 - 1065 (POSITIONALLY FOR 1 - 3 MONTHS)
TARGET 2 - 1300 (LONG TERM)
Seya industries look bullish from here. Triangle price compression happening on this script.
Expecting short term target up to 110 and long term 250.
Its for Long term investment
Seya Industries is engaged in manufacturing of Speciality Chemicals intermediates.
Book Value = ₹ 345