Key point rectangle pattern formation.
CMP in Support and demand zone area ..
stop loss : 363
target : 441
Risk is yours and Reward is too yours.
Time Frame : 15 to 32 days
The script is testing its previous weekly resistance zone at 288.
If it crosses the resistance zone, there is a possibility of a big move in short term.
Levels marked in the chart as per my technical analysis. Let me know your thoughts
CHEMBOND:- Stock has formed cup and handle pattern on daily chart, keep an eye on the stock
Hello traders,
As always, simple and neat charts so everyone can understand and not make it too complicated.
rest details mentioned in the chart.
will be posting more such ideas like this. Until that, like share and follow :)
check my other ideas to get to know about all...
CHEMBOND:- Stock has formed cup and handle pattern on daily chart, keep an eye on the stock
Hello traders,
As always, simple and neat charts so everyone can understand and not make it too complicated.
rest details mentioned in the chart.
will be posting more such ideas like this. Until that, like share and follow :)
check my other ideas to get to know about all...
Chembond chemical. On higher time frame clean double bottom formation, last month neckline got break and this month price is sustaining above the neckline. CMP:271 sl: 240(wcb) Target: 330/375/430
1. Buy or Sell at your own risk
2. Don't risk more than 1%-2% of your capital as stop loss
3. Position Size formula:- Stop Loss Amount/(Buy Price-Initial Stop Loss Price)
4. Sell on RSI close below 30 (or use any other method of your liking)
5. Some other ways to sell stocks can be
a. 25% or 50% up in three weeks or less
b. Weekly tailing tops with high...
Reasons for the Trade :
1. Range breakout.
2. Highest volumes on buying side since listed. 3. Did not test previous low, this shows buyers are much more likely interested.
Stock Name - Chembond Chemicals Ltd
Ichimoku Cloud Setup :
1). Today's close is above the Conversion Line
2). Future Kumo is Turning Bullish
3). Chikou span is slanting upwards
All these parameters are showing bullishness at Current Market Price
and more bullishness AFTER crossing 251
#This is not Buy and Sell recommendation to any one. This is for...
Chembond Chemicals Ltd - 14.12.2021
The stock is trading @ 222 levels
Change in polarity @ 212 levels
The prices are above ema
The stock is trading under a channel range
watch out for the price actions
Stock has given breakout of Inverted Head and Shoulder pattern.
Stock is trading above all important moving average on daily chart.
buy near 250-240, SL 225 on cb, target 285/350.
PS: Consult your financial advisor before investing.
Breakout on the line chart....and the fibo targets are around 300/310..
It's a good buy considering the theme of Green fuel/Clen tech/health/G-mobility
My favourite Inverted Head and Shoulder Pattern is complete in this stock that I've been tracking for quite long.
DIIs have increased heir holding from 0.37% in March Qtr to 0.67% in June Qtr.
Promoters have been increasing their holding every Qtr since at least Sept 2018
The irony is the public holding has been reducing since June 2019 Qtr.
They have been...
