CHEMPLASTSTriangle formation done in CHEMPLASTS
above 520 it may give good upside of 50%
RR ratio is at 1:3
−5.15INR
1.52 BINR
49.40 BINR
63.04 M
About CHEMPLAST SANMAR LTD
Sector
CEO
Ramkumar Shankar
Headquarters
Chennai
Website
Employees (FY)
2.96 K
Founded
1962
ISIN
INE488A01050
FIGI
BBG0121NTWW5
Chemplast Sanmar Ltd. operates as a specialty chemicals manufacturer. It engages in manufacturing specialty paste PVC resin and custom manufacturing of starting materials and intermediates for pharmaceutical, agro-chemical and fine chemicals sectors. The firm also manufactures caustic soda, hydrogen peroxide. Chemplast Sanmar was founded in 1962 and is headquartered in Chennai, India.
30% upside potential in CHEMPLASTSAs the chemical industry experiences a resurgence, CHEMPLASTS has emerged as a stock garnering significant attention from mutual funds. Non-institutional holdings have decreased from 10.93% to 6.48%, while the stock has shown relatively modest returns. Currently, a Cup with Handle (CWH) pattern is t
chemplastchemplast showing signs of upmove with sl at 440 on closing basis looking forward target 1 and 2
ChemPlast SunmarVery positive indications on technical grounds
Price is above 20-50 SMA on daily weekly
abv 20 on Monthly
Indicator in buy on daily-weekly & monthly
Buy on dips
Go long
Inverted Head & Shoulder BO in ChemplastBreakout of Inverted Head & Shoulder completed on Daily Time Frame.
Long Position can be initiated.
Stop Loss for the Long Position will be 475 on Weekly Closing Basis.
WEEKLY TRENDLINE SUPPORTStock is taking weekly trendline support we can make a position with a small stop loss just below the low of the candle.
CHEMPLASTS H&S PATTERNThis stock formed a H&S pattern and the pattern breakout is done now stock gave correction and starting to move up,so look for buy for the target of 610 at first and then 670
Chemplasts bullish chart target 60024Sep2023
Buy ChemPlasts Between 466-490
SL 412
Target 1: 541
Target 2: 604
Target 3: 668
ChemPlasts has given Classic Head and Shoulder pattern breakout and tested the breakout
Previous lower high broken with Volume
Forming rounding bottom
Chemplast Sanmar LtdCHEMPLASTS - Short-term trade
Trend bullish
Buy above 510 | Tgt 520, 532 | sl 497
It is my view, to trade on your own analysis
FOR LEARNING PURPOSE ONLYTechnical Analysis: Chemplast Sanmar - Falling Wedge Pattern Breakout
Overview:
Chemplast Sanmar (NSE: CHEMPLAST) is displaying a compelling technical setup with a Falling Wedge pattern breakout.
The stock has established itself above a strong supply zone at 490, suggesting a bullish bias.
With a
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Frequently Asked Questions
The current price of CHEMPLASTS is 477.05 INR — it has decreased by 0.15% in the past 24 hours.
Depending on the exchange, the stock ticker may vary. For instance, on NSE exchange CHEMPLAST SANMAR LTD stocks are traded under the ticker CHEMPLASTS.
CHEMPLAST SANMAR LTD is going to release the next earnings report on May 29, 2024. Keep track of upcoming events with our Earnings Calendar.
CHEMPLASTS stock is 1.78% volatile and has beta coefficient of −0.07. Check out the list of the most volatile stocks — is CHEMPLAST SANMAR LTD there?
One year price forecast for CHEMPLAST SANMAR LTD has a max estimate of 718.00 INR and a min estimate of 470.00 INR.
CHEMPLASTS earnings for the last quarter are 1.60 INR whereas the estimation was 0.83 INR which accounts for 92.00% surprise. Estimated earnings for the next quarter are −1.90 INR. See more details about CHEMPLAST SANMAR LTD earnings.
CHEMPLAST SANMAR LTD revenue for the last quarter amounts to 9.88 B INR despite the estimated figure of 9.96 B INR. In the next quarter revenue is expected to reach 9.93 B INR.
Yes, you can track CHEMPLAST SANMAR LTD financials in yearly and quarterly reports right on TradingView.
CHEMPLASTS stock has fallen by 2.54% compared to the previous week, the month change is a 13.05% rise, over the last year CHEMPLAST SANMAR LTD has showed a 13.61% increase.
CHEMPLASTS net income for the last quarter is −893.80 M INR, while the quarter before that showed 260.50 M INR of net income which accounts for −443.11% change. Track more CHEMPLAST SANMAR LTD financial stats to get the full picture.
Today CHEMPLAST SANMAR LTD has the market capitalization of 75.35 B, it has increased by 4.96% over the last week.
No, CHEMPLASTS doesn't pay any dividends to its shareholders. But don't worry, we've prepared a list of high-dividend stocks for you.
Like other stocks, CHEMPLASTS 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 CHEMPLAST SANMAR LTD stock right from TradingView charts — choose your broker and connect to your account.
As of Apr 19, 2024, the company has 2.96 K employees. See our rating of the largest employees — is CHEMPLAST SANMAR LTD on this list?
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 CHEMPLAST SANMAR LTD technincal analysis shows the buy rating 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 CHEMPLAST SANMAR LTD stock shows the buy signal. See more of CHEMPLAST SANMAR 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.
We've gathered analysts' opinions on CHEMPLAST SANMAR LTD future price: according to them, CHEMPLASTS price has a max estimate of 718.00 INR and a min estimate of 470.00 INR. Read a more detailed CHEMPLAST SANMAR LTD forecast: see what analysts think of CHEMPLAST SANMAR LTD and suggest that you do with its stocks.
EBITDA measures a company's operating performance, its growth signifies an improvement in the efficiency of a company. CHEMPLAST SANMAR LTD EBITDA is 1.02 B INR, and current EBITDA margin is 8.89%. See more stats in CHEMPLAST SANMAR LTD financial statements.