Refer the chart for Risk and Reward Follow position sizing and proper risk management with every trade.
News: Finance ministry levies Anti-dumping duty on Natural Mica based Pearl Industrial Pigments. Sudarshan Chemicals is the sole producer of pigment in the country. Shot up on Axis buying 1% stake in the stock. BUY GUIDANCE: Never buy before 3PM . I have been burnt many times over. Try to buy between 3:15 - 3:30PM, later the better. SL: Depending on your risk...
it has retest breakout level of 600 on weekly and monthly. keep a watch list of this counter.
1. Pattern Break 2. 52 Week High and near ATH 3. Good Fundamentals 4. Relative Strength 5. Volume Pick Up
Sudarshan Chemical: Given breakout from ATH forming rounding bottom of around 50% depth 500 and 630 can be good support.
buy above 782 in Intraday. For stoploss in Intraday use 5 minute chart and see nearest support. for target use 5 min chart and fibonacci pivots as i don't keep predefined target. try to book partially and trail. Note: this is not a prediction for LONG/SHORT, trade will trigger only on given level as per technical analysis NOTE: For Gapup or bo before 9:20 If...
Positional Trade: #SudarshanChemical CMP: 766 Target: 810/830 Stop Loss: 740
DONT MISS! READY TO BLAST TARGET-750 SL-650
Key Highlights: 1. Bullish market structure - HH, HL 2. Massive volume expansion 3. Moving in a Pennant. Completing the Bull flag. 4. Currently at a major resistance zone 5. Close above 720 will trigger a good rally 6. Target: 791, 870. Stop Loss: 640 I have made an illustration on the left-hand side, to explain the bull flag/flag & pole pattern. You are...
SUDARSCHEM : cmp: 740.2 Trading near the ATH zone. once it surpass and sustains above 750 a fresh buying move possible in near term. A big bullish candle has been formed in D & W chart. So good to accumulate on dips. TGT 792/836 SL 699 clbs Disclaimer: Ideas for learning Only. Learn Regularly. Not occasionally.
- stock has forming ascending triangle pattern. -Stock break and sustain above 755 Next level to watch 764/785/820 levels . -Support is near 725 level on chart.
The stock broke out of a 3yr rounding bottom on very high volume. Subsequently it came back to test the breakout zone, made a double bottom and consolidated for 8 weeks. Now it seems to have broken out of the consolidation, and looks ready to fly. SL: Depending on your risk appetite: Below Weekly BO Candle / Below Daily BO Candle / 50% of Weekly BO candle /...
Sudarshan chemical has given a strong range breakout with good closing at all time high with good volumes. Can be good for intraday as well as swing buying opportunity.
Buy Sudarshan Chemical Stoploss 645 Target 780 Study: Pannant Pattern Breakout
This scrip is ready to fly as it forming one reliable pattern so traders add this scrip to your watchlist and enjoy the profits...
Not a classic flag breakout since the upper part of the pole is a shadow hence clearly the price dint sustain at that level. Q4 numbers are announced hence might see some consolidation (maybe a week or 2) before breaking out with targets on upwards of 850+. Q4 numbers are quite decent. Pattern invalid below 620 weekly closing. Disclaimer: I am not a sebi...
About to break out.... Also cements in good demand... Rsi showing strength..... Macd histogram showing changing trend.... Disclaimer.... Just for educational purpose... Trade after consulting your financial manager
In this stock from last 2 sessions it has form Bullish Flag pattern and also this stock is going up with good Volumes also. If you guys earn profit from this chart please do let me know buy commenting. If needed any advice do let me know For Intraday Use :- 1.Bollinger Band 2.Supertrend:- In this set 5 and set 2 3.Use MACD 4.Pivot Points 5.RSI Momentum if you...