1.VOLUME ACCUMULATION IN PREVIOUS WEEK. 2. PRICE NEAR TO THE FEB MONTH HIGH. 3. RSI DIVERGENCE IN THE BOTTOM. 4. FLAG PATTERN ON WEEKLY CHART 5.PRICE NEAR TO THE RESISTANCE LEVELS AROUND 252 IN THE PAST TOUCH THIS LEVELS 2 TIMES BUT AFTER THE (SEBI) RULES MORE INVESTORS FOCUS ON SMALLCAPS STOCKS SO HERE THE CHANCE PRICE SEEN THE BLUE SKY .
AEGISCHEM forming channel pattern can give a breakout or can continue downside, follow the updates and trade accordingly
Price & target mentioned on charts. Always follow the stop loss. Please do not panic and sell in between. Mid-cap stock do have a tendency to be volatile in nature and prone to swings Good Luck!
Shotterm View Canbuy above Today highWith Sl of 174
Could see 207 + in swing trade . If it breaks 207 then target 250 + positional
Aegis logistics likely to break out and hit short term target of 200.
Long on Aegis Chem - Holding this for a few weeks with strict SL
170 is the last resort which I hope is held. Some bullishness may return if it can close above 200 in short term.
There is hope till 169.60 is held. Any chart review can be done only when the stock closes above 200 in short term.
Support is at 204 and there is a short term resistance at 220. On 25th June if it can close above 235.70 and remains bullish, it may pick bullish momentum
Buy Aegis Logistics for a target of 250, 300 and above, long term stop at 169. Do your own research before investing.