Oriental Carbon & Chemicals Limited, a part of JP Goenka group, has been awarded EcoVadis Gold Sustainability rating in 2023 assessment, placing OCCL amongst the top 6% of companies assessed by EcoVadis globally.
Insoluble Sulphur - major production for 25 successive years
++ A clear buy call when close to 730, still MCAP is 750 cr, BV - Rs.622, IV -...
Consider Oriental Carbon Chemical for a Swing Trade. It shows promise both technically and fundamentally, with increasing DII interest.
Hold for a period of 2-4 months. 📈🕒
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before...
In the Weekly Chart of OCCL ,
we can see that; upward momentum started with Double Bottom breakout.
It has now given Inverted Head & Shoulder breakout.
Let it retest then Enter with SL and Target.
Major resistance: 1000
Major support: 800
The Indicator Used:
Panel 1:
1) Valuation band
KEYS: Red Faded Cloud: Over Valuation.
Grey Faded Cloud: Proper Valuation.
Green Faded Cloud: Under Valuation.
PANEL 2) Relative Strength Analysis
Comaparison of OOCL with Sensex along with MA of 36
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