AKSHARCHEM trade ideas
AKSHARCHEM - 2 YEARS BREAKOUTLooks good for Medium Term
Add in parts from 270 to 290
Target 400 initial
watch for resistance breakoutaksharchem has given a trendline breakout after that it did pullback.
now its verge on swing high bo around 318 cmp 312
can buy above 318 in Intraday.
but avoid if gapup or bo happens before 9:20
akshar chem - positional playguys, i've started looking at company fundamentals off late, to identify the positional picks... so one can say, tadka of FA on charting, to identify multibaggers. lets see how this one does..
Akshar chemicals Rounding bottom long term target 650Accumulation in Akshar chem with volume rounding bottom chart pattern. Good time to enter in the stock for long term target 650 and 786 ++
AKSHAR Chem - CMP: 301 Go Long It has given Rounding bottom breakout on the daily chart and Wedge Pattern breakout on the weekly chart. RIS indicating positive bios and uptrend will continue. We can expect a target of rounding bottom pattern as 350 in the near term and a target of Wedge Pattern as 475 in Mid-Term.
AksharChem Inverted Head and ShoulderAksharchem inverted head and shoulders with good volume Breakout candle
AKSHARCHEM - 2YR HEAD AND SHOULDER PATTERN / ASCEND TRIANGLELOOKS VERY STRONG.
SL: Below Breakout Candle.
TGT: Breakdown of 20MA on Hourly chart (on a daily close basis)
BUY GUIDANCE:
Never ever buy before 3PM. I have been burnt many many times.Try to buy between 3:15 - 3:30PM, later the better.
SELL GUIDANCE:
Selling in Profit:
Sell earlier in the session when the prices are higher, around 11AM.
Selling at SL:
Give your stock a chance to recover by end of session. If it doesn't recover, sell anywhere between 3:00 - 3:30PM.
Aksharchem getting ready for biggg breakoutAksharchem getting ready for biggg breakout. Buy upto 260... targets can be big 560-900+
Aksharchem - Buy Opportunity beckons?Rounding bottom. Can go long above 270, with a stop of 230 around on CBSL. For Med/Long term only.
One Right Trade's Swing Trade Idea #64 : Buy on AKSHARCHEMPlease do like and share the idea in case you find it good and follow it for further updates on it for benefit of everyone. Also, please comment if you have any feedback. This idea by one right trade is only for study purpose and is not a trading call.
LongKeep tracking this stock for next week
given breakout after 3 month consolidation
R:R is favourable
Price action is clearly visible
BULLISH AKSHAR CHEMICALINVESTMENT OPPORTUNITY ! CHANNEL BREAKOUT WITH GOOD VOLUMES. LEVELS MENTIONED ON THE CHART .
