CHEMPLASTS trade ideas

SunilDhawan

Triangle formation done in CHEMPLASTS above 520 it may give good upside of 50% RR ratio is at 1:3

sydrab

CHEMPLASTS – CMP 485.65 | Date 07Apr 24 Multiple breakouts with good volume, concentrate above 490 with the targets of 510 and 538

Manabala

As 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 taking shape, with its neckline undergoing testing. This stage...

bhadralakshmi Updated 

chemplast showing signs of upmove with sl at 440 on closing basis looking forward target 1 and 2

jainshashank1971

Very 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

raigvivek Updated 

Breakout 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.

kshitizgupta2808

Stock is taking weekly trendline support we can make a position with a small stop loss just below the low of the candle.

Bala9595

This 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

pramodchoudhari

24Sep2023 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

sydrab

CHEMPLASTS - Short-term trade Trend bullish Buy above 510 | Tgt 520, 532 | sl 497 It is my view, to trade on your own analysis

Bhalotiya

Technical 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 favorable Risk-Reward (R:R) profile, it is poised for an upward...

bhadralakshmi

its gaining momentum weekly bo and its seems to be sustaining above that level with 520 sl on closing basis looking for targets 610 ,680 and more with trailing sl

Wavozen Updated 

Reason for long a) channel support b) Triangle breakout c) super vwap support d) weekly breakout possible Sl compulsory

Veera_1236

CHEMPLAST looking good in higher level time frame, just add in your watchlist and keep tracking for your short term trade (2months)

AjayDhakad_Keep_it_simple

CHEMPLASTS :-Stock has given strong breakout, if comes for retesting, you guys can plan something Hello traders, As always, simple and neat charts so everyone can understand and not make it too complicated. rest details mentioned in the chart. will be posting more such ideas like this. Until that, like share and follow :) check my other ideas to get to know...

CourtroomInvestments

Prices have cleared its resistance at 500, and has hence negated its lower top formation. Weekly RSI has also cleared its Overbought level of 60. Prices are now likely to test 640 (61.8% FR level). Bullish outlook remains intact as long as price is above 415, a break of 415 would negate higher top, higher bottom formation.

Vaibhav_Khanna

15 months Consolidation breakout with good vol. Indicators like SuperTrend, RS, RSI, MACD in fervor for good upside move near term.

tgsanalytics

Good sales growth and increasing stake of FII can be see in this stock. We can initiate long trade with given SL and swing targets are marked on the charts