AKSHARCHEM Trendline BO & Harmonic PatternIn this analysis, we will delve into the technical aspects of the weekly chart for AKSHARCHEM, aiming to provide insights into potential trading opportunities based on key patterns and indicators.
Breakout of Weekly Trendline:
The chart presents a significant breakout of a weekly trendline. Break
0.19%
−20.40INR
−9.421MINR
3.246BINR
7.867M
About AKSHARCHEM (INDIA)
Sector
CEO
Munjal Mrugesh Jaykrishna
Headquarters
Bodakdev
Website
Employees (FY)
169
Founded
1989
ISIN
INE542B01011
AksharChem (India) Ltd. engages in the manufacture and export of dyes and pigments. It specializes in producing vinyl sulphone and CPC green which have applications in textiles, inks, rubber, plastics, paints and leather industries. The company was founded on July 4, 1989 and is headquartered in Mehsana, India.
Long Akshar Chemicals : Gearing Up for the next move
Good Day
Hello Traders,
From an all time high of 945 the stock is in downtrend for a long time. In the month of OCt 2021,
it touch a high of 621 then felled from there to 232. Now it started consolidating and moving up,
showing strength.
Keeping 300 as strict Stop Loss, one can start adding up
AKSHARCHEM: 🚀🚀Good Buy@ CMP
TGT 1 - 610
TGT 2 - 660
𝑫𝒊𝒔𝒄𝒍𝒂𝒊𝒎𝒆𝒓:
The analysis is only for illustration purposes only. Please consult your financial advisor, agent, broker before acting on any information. We may or may not have positions in the stock and our actions may be contrary to the one mentioned here. Thi
Chemical surge in D-streetfollow up to all the chemical stock gaining there are only handful stocks left who havent contributed to this. One if this is akshar chem who saw some buying rage few weeks back. Here the length of the triangle gives a cheezy target of 630 but with the sector touching highs , build a position with c
See all ideas
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