entry price 426 stop loss 400 target 600/1200
big breakout expected A multi-year structural bull market is underway in the specialty chemicals industry in India.
LONG SUDARSHAN CHEMICALS ON THE VERGE OF BREAKOUT FROM GIANT CONSOLIDATION WITH GOOD VOLUMES
Stock meeting my weekly aroon strategy and potential ascending triangle break out.
May be the start of Wave 5 Buy from CMP 440, SL 410, Target1 600, Target2 700
May be the start of Wave 5 Buy from CMP 440, SL 410, Target1 600, Target2 700
Time to long long , taking support on daily chart , bullish cross over on weekly chart , inline to good qtrly results will take this higher .Keep adding all dips till 300 . a good stock to be in portfolio. Just simple and straight , stockdada.com
Awaited a strength candle with Weekly Close > 421.90 and High > 433
Sudarsan Chem : Cup and Handle pattern break out
Sudrashan chemical cmp 410 tgt 428-454+++ SL stay invested with weekly closing above 437 might bring good move to give handsome returns SL 390 this is based on weekly chart
Chart shows conventional divergence (LL on price and HL on indicator) and expect the price to move up. Target 1 - 319 Target 2 - 364 Stoploss - 261.63