Bearish Shooting Star in MonthlyCan go down to 153 in 1-2 months. Can go down to 153 levels and can be bought at those levels...
BODALCHEM trade ideas
Buying opportunity in Bodal ChemicalsBodal chemicals has formed a flag pattern. The stock can be bought now with the stop loss of 160 and target of around 225 or higher. One can also wait for flag breakout for confirmation to preserve the capital.
Trendline break out coincide with 50sma break outTrendline break out coincide with 50sma break out on back of good volume .
Bodal Chemical :: Breakout BuyBodal Chemical can be bought with a SL of 169 and Targets of 200,222 .
Bodal-Buy around 164-162 Sl 156 tgt 175+ Bodal- positive reversal on daily Chart on RSI 40 levels
Buy around 164-162 Sl 156 tgt 175+
Bodal Chemical -Consolidation near break out retest Stock is consolidating near break out retest level.
150-145 zone for accumulation for 180-200 sl 124
Will it break 136-137 todayThis one is in my portfolio for long term investment.
Holding Bodalchem since 128 levels, it has failed multiple times to cross 136-137 level.
Seems today it may close above this .
Bodal Chemicals will colour you blue all the wayIn Dye & Pigments segment, scrip is doing well fundamentally. Reduced debt, higher turnover, good margins, reasonable book value, back in dividends, liquid volumes, it promises to go above 165 in few months timeframe.
Technically, it seems corrected, given a price and volume breakout on 06-03-2017, poised above MAs, enticing to enter and hold with patience.
Keep a stoploss of Rs 120 present price being Rs 133.
BODAL CHEMICALS : Ready to make newer Hghs ?Bodal Chemicals settled into a rectangular channel after breaking out of 96 levels. Today it has given a strong upside breakout out of this channel with good volumes. Looks good for making new highs. All corrections towards 120 levels can be used to accumulate.
Bodal Chemicals : Breakout after a consolidationBodal Chemicals has broken out after a brief consolidation today with decent volumes. Looks set for higher levels in uncharted territories
