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.
Sudarshanchem
#Sudarshan Chemical Analysis Stock has given BO on daily as well as weekly TF with strong volume spike and near to formation of round bottom, follow chart for proper support and resistance levels.
Sudarshan Chemical strong base BO Sudarshan Chemical showing a very good base formation and BO after 18 weerks. CMP is 409 can be added for 470/4570/620 with SL 360
Sudarshan chemicalSudarshan chemical giving a big green candle with chance of entering the range again.
Sudarshan chemical chart analysis This chart analysis is just for educational purpose and no buy or sell recommended.
Chart is self explanatory.
SUDARSCHEM Technical View!Buy above 612 for target of 703-790
SL around 555 or according to your risk appetite.
Please do your own analysis before making any decisions and also let me know if I missed something.
Let's learn together.
Sudarshan Chemical min 15% betSudarshan has specialized in colors and chemicals for over 60 years and has acquired a strong position in pigments and agro chemicals in India and worldwide. With over 35% market share they are the largest pigment supplier, among both Indian and MNC's.
Positional Bet
Technically Breakout of Pole n flag pattern
Buy at cmp 740
Add on dips till 710
SL 670 on closing basis
Tgts 780 840 900++
Buy in 30-30-30 formula.
Sudarshan Chemical: Monthly Chart Low risk to reward setupSudarshan Chemical:
Given breakout from ATH forming rounding bottom of around 50% depth
500 and 630 can be good support.
Sudarshan Chemical Rectangle Positional Trade: #SudarshanChemical
CMP: 766
Target: 810/830
Stop Loss: 740
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.
Buy Sudarshan ChemicalBuy Sudarshan Chemical Stoploss 645 Target 780
Study: Pannant Pattern Breakout
Breakout in Sudarshan Chemical Industries...Chart is self explanatory. Entry, Targets and Stop Loss are mentioned on the chart.
Disclaimer: This is for demonstration and educational purpose only.
Sudarshan ChemicalAgain has crossed the biggest hurdle.
Nearing to cross ATH
Once its ATH is crossed, stock ready for another ATH...
For education only.....
BuyBuy around 520-510 sl 480 target 640+.
It has closed above life tine high with high volume. RS has started firming up .
Disc : it's not an investment advice to buy or sell
Standing at major supportSudarshan is standing at major support . If holds and reverse then 600 + may be on board. If close below 460 then will enter into consolidation. Close below 430 will chane trend to bearish.
BuyBuy Sudarshan at 510 sl 489.80 Target1 - 537, Target 2- 610
Disc : It's not an investment advise to buy or sell
Sudarshan Chemicals-LongSudarshan chemicals coming out of a long terms consolidation. Pirce volume action on weekly basis support bullish structure.. Can Sudarshan chemicals be the biggest stock gainer for next one quarter...
another gem of CHEMICAL sectorsudarshan is again off for new highs.
can expect good movement now
stop loss- 455
SUDARSHAN CHEM explainedBreakout of Inverted Head & Shoulder with big Volume
Target - 410
Trade Initiated at 369
SL - 325 Closing Basis
