KHAICHEMKhaitan Chemicals & Fertilizers Ltd
CMP: 137
- Trading near All Time High
- Also, the sector looks positive
KHAICHEM trade ideas
Khaitan chemgood consolidation and volume dry with rsi forming good support waiting to breakout to 180 levels in the coming weeks
Inverse Head and ShoulderInverse Head and Shoulder Pattern spotted on Khaitan chem and fertilizers ltd
Target 1 achieved in Khaitan Chem. Gain of 34% Target 2 is ON...This is follow-up on Khaitan Chemicals And Fertilizers. Can check link to related ideas.
Target 1 achieved. Gain of more than 34%. Target 2 is ON.
Chart is self explanatory. Entry, Targets and Trailing Stop Loss are mentioned on the chart.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
Multibagger Formationstrong multibagger formation
⚠️only for risky players⚠️
⚠️only for risky players⚠️
cmp 133
You can set your sl @110 range
I dont know about funda.plz study before taking an entry.
Khaitan Chemicals and Fertilizers Limited | Elliot Wave AnalysisKhaitan Chemicals and Fertilizers Limited is engaged in the manufacturing of Single Super Phosphate Fertilisers, Sulphuric Acid and its variants, Processing of Oil Seed and selling of Wind Power. The Company has India’s largest Single Super Phosphate (SSP) production capacity and SBI has released 37,995,680 (39.17%) pledged shares of the promoters in Dec 2021 as the promoters have prepaid the entire term loan due. (Source: NSE)
(p/e = 14.5; mcap = Rs 1128 cr; roce = 19.1%; roe = 15.3%; promoter holder = 74.99%)
The technical analysis based on Elliot Wave Theory:
Impulse Wave: The first wave (i) was from Rs 20 to Rs 81 in uptrend and with EMA 21 support.
The third wave (iii) was from Rs 66 to Rs 118 and equivalent to 1.618 (fib level) of (i) wave.
Correction Wave: The second wave (ii) was a correction wave from Rs 81 to Rs 51 i.e., retrenchment to fib level 0.50 of (i) wave. The was consolidation in descending triangle and given breakout as mention in chart.
The fourth wave (iv) was from Rs 118 to Rs 90 and equivalent to (ii) wave. The consolidated and given a falling wedge breakout (entry level) as mentioned in chart.
The fifth wave (v) in an impulse wave and target will range from Rs 180 – 200.
Note: The others factors considered was moving average, volume and multiple chart pattern
Thanks
Khaitan chem looking good for swing.Features on the chart :-
1. Base formation.
2. Strong closing above round level 100 and above 21 days ema.
3. Flag and pole breakout possible.
4. Double bottom formation.
5. Support from 0.5 fibo levels
6. Good fundamentals with increasing sales and revenue.
Buy above 108
Tareget :- 114,129,150
S.L. Breakout day low or 104
Selling 35%,35% and 30% target wise with trailing S.L.
Expecting Breakout ✌✌✌This scrip is expected to give breakout in the coming days. So traders keep on your radar to catch the momentum. Thanks to all 🙏🙏🙏
Beautiful BO stock.. 40-50% easy returnStock is in uptrend.... after uptrend did a consolidation for almost 6 months.... now the volume us surging and stock is giving channel BO along with Bull Flag BO..... Easy 40-50% can be expected in swing trade. The Co has also given highest profit till now and is fundamentally strong as well....
Khaitan Chemical and fertilizersAt supply zone.
Wait for breakout on weekly charts.
Shown good volume in last 2 weekly candle.
NSE:KHAICHEM
Khaitan Chemicals & Fertilizers Ltd-Looks multi-bagger long-termBuy above once close above 23.Keeping SL-20.50 on closing basis.
Target -25.50,27.50.29.50
In 2 years, one can expect 40+
long Khaitan Chemicals & Fertilizers Ltd, its an multibaggerif it crosses rose line upward, sure target is as
marked above 23 plus..
its an multibagger
In a bullish upsurgeKhaitan Chemials seems to be in a bullish upsurge. Progressive targets are 14.50, 17.45 and then the big move zone up to 26. Supports at 13.10 and last strong support at 10.88.
