Its good after giving triangular breakout and retest had done. It may go up untill 2500 after retesting 1950
ALKYLAMINE is looking for buying opportunity after forming descending channel & clear formation for a movement to the upside. Expecting to reach at 2700
The stock has broken 1 year old parallel channel and crucial support of 2125 it is expected to fall till 1873 if the market sentiments remain bearish
On monthly basis, price has made a significant correction and is currently at the Fibonacci level of 0.618, which is the "Golden Ratio" for a price. The whole area from 2000 to 2150 is a huge demand zone for the buyers to accumulate in bits. The price will confirm it's change of structure above 2800 on a higher timeframe.
Alkylamine buy at 2155 with SL of 2120 on closing basis Very Strong Support of 2120 and a bounce back upto 2300, 2500 or more
Its near its 52 Week low. Dividend giving stock. Good ROCE & ROE. Promoter Holding is good & No promoter Pledged. Debt is very less as compare to its reserves. Almost debt free company. Demand Zone are marked as green shaded horizontal area. Resistances are marked as red horizontal lines. Stoploss is marked as orange horizontal line. Triple bottom is marked with...
In the Weekly Chart of ALKYLAMINE , we can see that; it has rejections at Trendline. Let it forma hammer candle or decisions making candle to take an entry.
I plan to buy Alkyl Amines at ₹2,120. I think the price will go down to that level.
Alkyl amine is currently trading at 2535. It has broken its 3 year long downtrend. Recently formed double bottom with bullish divergence.Volume is on higher side. If it manage to close above 2810 then W pattern will be confirmed. Then it can head for 3220/3450/3840/4300 target. This is for educational purpose. Not a Buy/sell recommendation
Structure is very good in this and it's at a discount aslo that's the extreme zone of the STF trend. So very high probability of price going up from that area.
simple ORB strategy....i will buy near EOD if the price trade above the blue line its just my view educaltional purpose only
-strong breakout with volume -broke 50 ema zone and moving - above all crucial ema and sma -rsi , adx , macd showing possible momentum in near future
Alkyl Amines breaks out from Falling Wedge Pattern with higher volumes. It is trading above its 200EMA and other key moving averages.
ALKYLAMINE is looking for long & has formed descending channel lined up with the double bottom & expecting to reach 4800 for long-term investment.
I don't know anything in fundamental analysis, Alkyl amines looks good for 4-5months targetting all time high #alkylamines #positionaltrading
📌SWING TRADE FOR NEXT WEEK🚀 Hello guys, I am a swing trader by passion i only trade on swing stocks. 📌I post daily SWING CHARTS analysis on my trading view profile.. so let's start 📌TRADE ANALYSIS OF ALKYLAMINES :- •Breakout of Accumulation on WTF with strong candle •Break counter trend line •Volume increases last few weeks high •Bullish trend/ make good...
Alkyl Amines has given breakout on weekly time frame. Can move towards 5K in next 12-18 months. SL can be 2100
entry above the line stop below the line trendline breakout bottom bounce ( positional trading opportunity)