This is a slow moving stock. The support is at 40, resistance is at 54.50 and if can hold above 54.50 on consistent basis, a level of 93 in intermediate term can not be ruled out. Short term bullish chart and 54.50 can be seen in short term.
Punjab Alkalies & Chemicals Ltd. engages in the manufacture of organic chemicals. Its products include caustic soda lye, liquid chlorine, hydrochloric acid, sodium hypochlorite, and hydrogen gas. The company was founded on December 1, 1975 and is headquartered in Chandigarh, India.
PACL
