Sudarshan Chemicals ka Badiya PradharshanI see a nice rounding bottom formation making Higher High and Higher Lows. Continuing with the trend it seems well set to go all the way to the top.
Sudarshan
SUDARSHAN CHEMICALS BRAKEOUTTTTTTTTTTBUY above high of the brakeout candle at 424.6 with sl of 410.95 minimum 1:2 take profit
Sudarshan chemical chart analysis This chart analysis is just for educational purpose and no buy or sell recommended.
Chart is self explanatory.
Sudarshan Chemicals - Bull Flag + Volume expansion. BO soon.Key Highlights:
1. Bullish market structure - HH, HL
2. Massive volume expansion
3. Moving in a Pennant. Completing the Bull flag.
4. Currently at a major resistance zone
5. Close above 720 will trigger a good rally
6. Target: 791, 870. Stop Loss: 640
I have made an illustration on the left-hand side, to explain the bull flag/flag & pole pattern.
You are always advised to use an appropriate Risk-Reward ratio as per your strategy.
P.S: This is NOT investment advice. This chart is meant for learning purposes only. Invest your capital at your own risk.
iolchemicals levels 4investor n trader
technically stock weak if trades below 300/310 mark in coming month (long term trend)
now at 382 as its shown a steller run from 230 to 400 thus a retracement upto 300 cant be ignored
but overll current trend support a buy on dip(long term)
