Double bottom about to be done in a W pattern on weekly basis at 503-510. Weekly close above that, sure to achieve higher targets, may be an All Time High. Fundamentals too seem okayish..
Market Structure Analysis of Sudarshan Chemical since 2018
CHART SELF EXPLANATORY
Go for delivery option Buy 386 First target 415 Second target 435 If it break 386 go for short side up to 355 so wait for better conformation .
buy above 398 Sl 389 trg 428
Sudarshan chemicals - A stock is in uptrend for the last 1 year and now made a important Breakout with good volume. If we go through the chart we could see breakouts in ROC which is a good sign for Breakouts. So we could expect the price of 520 in the span of 1 week to 10 weeks which is 10% from current trading levels. A close below 460 shows weakness in the...
sudarshan is again off for new highs. can expect good movement now stop loss- 455
Breakout of Inverted Head & Shoulder with big Volume Target - 410 Trade Initiated at 369 SL - 325 Closing Basis
Best LONG: @ 436.30 - 432.30 Rest detailed mentioned on chart. Education purpose only.