CHEMFAB ALKALIS NSEDate 7th Mar 2024
Chemfab shown breakout with gap opening from significant resistance last week.
Target was already decided with breakout, and now I am giving actual call to buy it after rejecting sellers pressure.
Thank You!
Next report date
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9.05 INR
263.23 M INR
3.27 B INR
3.19 M
About CHEMFAB ALKALIS LTD
Sector
CEO
Srinivasan V. Mudumbai
Headquarters
Chennai
Website
Founded
2009
ISIN
INE783X01023
FIGI
BBG00KRBNKN6
Chemfab Alkalis Ltd. engages in the manufacture of inorganic chemicals. The firm operates through following segments: Chlor alkali and PVC Pipes. It specializes in chlor alkali and related products and services such as Caustic Soda Lye in two grades, Liquid Chlorine, Hydrogen Gas, Hydrochloric Acid, and Sodium Hypochlorite. The company was founded by C. H. Krishnamurthi Rao on May 6, 2009 and is headquartered in Chennai, India.
Chemfab- A Multiyear FABulous breakoutA multiyear breakout and retracement done fabulously for the target mentioned in the chart in green colour.
Team Stocks-n-Trends.
CHEMFAB - Ichimoku Breakout📈 Stock Name - Chemfab Alkalis Ltd
🌐 Ichimoku Cloud Setup:
1️⃣ Today's close is above the Conversion Line.
2️⃣ Future Kumo is Turning Bullish.
3️⃣ Chikou span is slanting upwards.
All these parameters are shouting BULLISH at the Current Market Price and even more bullishness anticipated AFTER c
CHEMFAB Long PositionalDate : 23-02-2024
Buy CHEMFAB above 615.50
Target of 890-1167-1448-2284
SL 400
Strategy : SBO + RSI > 60 + EMA above 20 & 50
Duration few Months
Please consult your financial advisor before investing
All research for educational purposes only.
Stock is ready to cross past barriers with good volu
BUY TODAY SELL TOMORROW for 5%DON’T HAVE TIME TO MANAGE YOUR TRADES?
- Take BTST trades at 3:25 pm every day
- Try to exit by taking 4-7% profit of each trade
- SL can also be maintained as closing below the low of the breakout candle
Now, why do I prefer BTST over swing trades? The primary reason is that I have observed that
Fertilizer 1) stock above sentimental resistance
2) stock at life time high
3) volume addition also in chart
4) Target are mentioned in chart
5) weekly chart so 2-3 months
6) election session so profit booking also mode in market
7) follow market mode
Chemfab Alkalis for Handsome gains - Breakout stockAscending Triangle Breakout Setup
RSI above 70 and rising
Trading above EMA50
ATH Breakout
Volume spurt
Possible levels :563>>690>>+
Stop loss: 410
Disc: For Study, not a recommendation
Chemfab Alkalis LtdCHEMFAB - Short term
Buy above 395 | Tgt 408 | Sl 383
It is my view, trade on your own analysis
CHEMFAB - LOOKS GOODThere is a positive development as the price breaks above the upper trendline before the triangle reaches its apex. This breakout is accompanied by a noticeable increase in trading volume, which serves as confirmation of the bullish nature of this pattern. It suggests a reversal of the prior downtre
See all ideas
Displays a symbol's price movements over previous years to identify recurring trends.
Frequently Asked Questions
The current price of CHEMFAB is 930.30 INR — it has decreased by −0.95% in the past 24 hours. Watch CHEMFAB ALKALIS LTD stock price performance more closely on the chart.
Depending on the exchange, the stock ticker may vary. For instance, on NSE exchange CHEMFAB ALKALIS LTD stocks are traded under the ticker CHEMFAB.
CHEMFAB stock has fallen by −5.16% compared to the previous week, the month change is a −16.82% fall, over the last year CHEMFAB ALKALIS LTD has showed a 149.48% increase.
CHEMFAB reached its all-time high on Oct 15, 2024 with the price of 1,230.00 INR, and its all-time low was 91.00 INR and was reached on Mar 25, 2020. View more price dynamics on CHEMFAB chart.
See other stocks reaching their highest and lowest prices.
See other stocks reaching their highest and lowest prices.
CHEMFAB stock is 6.37% volatile and has beta coefficient of 0.91. Track CHEMFAB ALKALIS LTD stock price on the chart and check out the list of the most volatile stocks — is CHEMFAB ALKALIS LTD there?
Today CHEMFAB ALKALIS LTD has the market capitalization of 13.68 B, it has decreased by −3.99% over the last week.
Yes, you can track CHEMFAB ALKALIS LTD financials in yearly and quarterly reports right on TradingView.
CHEMFAB ALKALIS LTD is going to release the next earnings report on Feb 14, 2025. Keep track of upcoming events with our Earnings Calendar.
CHEMFAB net income for the last quarter is −5.34 M INR, while the quarter before that showed 8.96 M INR of net income which accounts for −159.66% change. Track more CHEMFAB ALKALIS LTD financial stats to get the full picture.
Yes, CHEMFAB dividends are paid annually. The last dividend per share was 1.25 INR. As of today, Dividend Yield (TTM)% is 0.13%. Tracking CHEMFAB ALKALIS LTD dividends might help you take more informed decisions.
CHEMFAB ALKALIS LTD dividend yield was 0.19% in 2023, and payout ratio reached 6.75%. The year before the numbers were 0.56% and 2.74% correspondingly. See high-dividend stocks and find more opportunities for your portfolio.
As of Nov 21, 2024, the company has 210.00 employees. See our rating of the largest employees — is CHEMFAB ALKALIS LTD on this list?
EBITDA measures a company's operating performance, its growth signifies an improvement in the efficiency of a company. CHEMFAB ALKALIS LTD EBITDA is 459.99 M INR, and current EBITDA margin is 16.96%. See more stats in CHEMFAB ALKALIS LTD financial statements.
Like other stocks, CHEMFAB shares are traded on stock exchanges, e.g. Nasdaq, Nyse, Euronext, and the easiest way to buy them is through an online stock broker. To do this, you need to open an account and follow a broker's procedures, then start trading. You can trade CHEMFAB ALKALIS LTD stock right from TradingView charts — choose your broker and connect to your account.
Investing in stocks requires a comprehensive research: you should carefully study all the available data, e.g. company's financials, related news, and its technical analysis. So CHEMFAB ALKALIS LTD technincal analysis shows the sell today, and its 1 week rating is buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1 month rating CHEMFAB ALKALIS LTD stock shows the buy signal. See more of CHEMFAB ALKALIS LTD technicals for a more comprehensive analysis.
If you're still not sure, try looking for inspiration in our curated watchlists.
If you're still not sure, try looking for inspiration in our curated watchlists.