CHEMCON trade ideas

tnawale

Chemcon CMP 531 moving towards 584 for gap filling 730 also look achievable in long term Support at 465 levels buy every deep.

ymehta50 Updated 

NSE:CHEMCON Chemcon after falling from its IPO listing, its consolidating in a range. It can be accumulation phase as stock is making higher lows and volume of green candles is high. CMP 433 Stop loss for longs: 410 Looking good for positional trade

siriprasanka

as of news today! it's positive for chemcon and it's been in consolidation for many days, today there is a daily range breakout with very good volume! wait for a small pullback and go long! having a good view in the coming days! stock to watch out for positional! :-)

bhadralakshmi

broke the channel let us see if it can sustain

KuberPriya Updated 

Chemcon is very bullish if sustain above this deciding level @432. 432 was resisting for a long time, breakout happened on 4 dec, it's a long run IF previous resistance at 432 takes support. Targets are marked with some logic shown in the chart.

Samratak47

Recently listed company chemcon trading near resistance level with high volumes look at the candle forming with the the volume high probability shut up ....

ProfitPicks

After a short consolidation periods CHEMCON breakout the level of 456 with big bullish candle... fresh buying are seems in the stock... short term trade above 456 target will be 516, 566 SL will be 424

Arunraj_07

CHEMCON was one of the bumper listing IPO but post opening it was under heavy sell off. Now the stock has formed double bottom and cleared the nearest price action and gave a breakout. Go long.

javaindian Updated 

Daily chart not fully available for analysis. Hence taking 15m TF. Entry ~ 412 / SL 406 / TGT 420-425 Price taking support with a bullish pin bar. Trail SL if price goes in favorable direction. Additional info: Freefloat is 271 Cr vs MCAP of 1515 Cr. Ratio is just ~17%. Assuming accumulation.

Akshant

Buy on the break of horizontal line, SL should be all time low. AS PER CHARTS.