Chemfab Alkalis Ltd. at Buy Support. CMP 1124Chemfab Alkalis Ltd. at Buy Support. CMP 1124.
Breakout above 1183.50 closing basis.
Expected levels of 1466.
Reversal from strong support zone with volumes.
CHEMFAB trade ideas
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!
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 crossing 633.
🚨Disclaimer: This is not a Buy or Sell recommendation. It's for educational purposes and a guiding light to learn trading in the market.
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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 volumes
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 90% of the stocks give most of the movement in just 1-2 days and the rest of the time they either consolidate or fall.
Trendline Breakout in CHEMFAB
BUY TODAY SELL TOMORROW for 5%
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 downtrend and indicates a potential upward movement in the price.
In summary, the price has shown signs of reaching a bottom and is now displaying a bullish reversal pattern known as a Bottom Triangle. The breakout above the upper trendline, accompanied by increased volume, suggests a potential upward trend in the market.
Conclusion:
The price is in bullish Trend.
Note for everyone who came across this reference:
This chart analysis is only for reference purpose.
This is not buying or selling recommendations.
I am not SEBI registered.
Please consult your financial advisor before taking any trade.
buy CHEMFAB for swingCHEMFAB has given breakout and form inverse head and shoulder pattern can buy between 300 - 310 with stoploss of 269.4
for a target of 365 and 429 for short to mid swing
Inverted H&S Break outInverted Head & Shoulder Pattern BO
#CHEMFAB
- UC on BO of INHS Pattern
- Big volume
- Trading above key EMAs
- Bullish RSI
Inverse H&S on cards for ChemFabAs we can see, Chemfab has formed an Inverse Head n Shoulder Pattern, giving a breakout with v huge volumes. we can go long for a target of 370++, with a small SL setup of 280
CHEMFAB #Watchlist
#CHEMFAB (W):- CMP 243.55 Looks Good For More Upsides :)
#Disclaimer:- View shared is for educational purposes only. Conduct your due diligence before making any trading/investment decisions.
#Stocktowatch
Chemfab Alkalis Ready to launch✔️✔️CHEMFAB🤍LAUNCH SOON
🤍 INTERESTING FACTS
🔹Stock in a multi year resistance zone.
🔹Interestingly increasing volume.
🔹Attractive Q3 result.
🔹Company has reduced debt.
🔹Company is almost debt free.
🔹Stock is trading at 1.11 times its book value.
🔹Company is expected to give good quarter.
ABOUT THE COMPANY✔️
Chemfab Alkalis is engaged in the Business of Manufacture of Inorganic Chemicals and trading of PVCO Pipes.
🙏Study the chart then Invest
CHEMFAB ALKALIS DAILY CHART AS ON 10.01.2022 TARGET ACHIEVEDPosted 10.01.2022 CHEMFAB ALKALIS stock above 190 for a target 195. Today stock made a high 201 and closing at 188.
CHEMFAB ALKALIS DAILY CHART ANALYSIS AS ON 10.01.2022CHEMFAB ALKALIS as per daily chart analysis stock above 190 for a target 195. Resistance 198 level.
CHEMFAB FUll BUY Entry STockCHEMFAB
1. long time consolidation breakout done
2. next level target coming soon
Watchout for Resistance breakout (INTRADAY IDEA)The stock looks good above 169.55 level in intraday - and positionally good above 173.9
