CHEMPLAST SANMAR LTD One can go long at Rs 540-560. SL 520
Chemplast Sanmar Ltd. Buy above 665-672 sl: 585(wcb) target:720/800. If stock sustain above 800 for 2-3 week then 1200 level is also possible Note : educational post
Chemplast can stop falling here, risky buy at this level, can wait for a green candle to enter.
Keep in radar for the channel breakout. When it breaks out of channel a move of 90 points would be expected on the upside.
Chemplast BREAKOUT from Downtrend It will go up to 620+
parallel channel breakout in chemplast.levels are mentioned in chart.for educational purpose only.
This scrip is expected to give breakout in the coming days. So traders keep on your radar to catch the momentum. Thanks to all 🙏🙏
Triangle formation, wait for breakout. formed pinbar today. for education purpose only.
We dont read about N Pattern in text books/ technical analysis books. But it is a very strong pattern and in most of the case it is observed that once N pattern is broken, a sharp move is provided by such stock.
CHEMPLASTS bull move next target 1 and 2 comng soon
One of the new IPO's in recent times which didn't list strongly. But with the recent change in market conditions things seem to have changed. Chemplast is one of the biggest domestic PVC Resin suppliers. Resin prices have moved up significantly from 1350 - 1850.. Chemplast could be one of the biggest beneficiaries of the same. Above 616 it could form a potential...
Looks good for long, with SL 531, Education purpose only.