Bullish on Vishnu Chemicals.Great Consolidation Can be seen in rounding bottom after uptrend. increasing volumes, shows further upmove on cards
VISHNU trade ideas
Classic VCP breakout on high volumeVISHNU expected to enter a new uptrend with the breakout from the VCP pattern.
VISHNU CHEMICAL RESULTSGood set of numbers!
Manufacturer of:
1. Chromium Compounds:
The company is the leading manufacturer in India & South Asia for Chromium compounds. The key raw material constituting more than 60% combined are Chrome Ore and Soda Ash
2. Barium Compounds:
Company has ~40% market share of the Barium Carbonate in India.
Results
VISHNU CHEMICAL Q1 : CONS. NET PROFIT UP 194 % AT 34 CR (YOY), UP 19 % (QOQ)
REVENUE UP 82 % AT 359 CR (YOY), UP 6 % (QOQ)
EBITDA UP 119 % AT 58.9 CR (YOY), UP 7 % (QOQ)
MARGINS AT 16.4 % V 13.6 % (YOY), 16.3 % (QOQ)
Expecting Breakout ✌✌✌This scrip is expected to give breakout in the coming days. So traders keep on your radar to catch the momentum. Thanks to all 🙏🙏🙏
VISHNU CHEMICAL IS ON EDGE OF BREAK OUTbeforeJunee result it can break its consolidation, if down tred breaks then we can see 20% and 30% in coming days.
Good potential This scrip is expected to give some good returns. So traders keep on your radar to catch the momentum. Thanks to all 🙏🙏🙏
flag and Pole Pattern23.4.22
VISHNU CHEMICALS
FlagAnd PennentPattern
CMP:1635
Target: 1796/1976
SL- Candle Closes Below 1550
Swing tradeIf the line will break and the price close above then it will good opportunity for Swing trade
Vishnu Chemicals Ichimoku Waves doneVishnu Chemicals
Limited is in the business of manufacturing, marketing and export of Chromium chemicals
Vishnu Break out in Vishnu ChemicalGood time to enter Vishnu Chemical : ENtry 1183 for Taget 1300 and SL 1000
Vishnu Bounce Back from SMA55Detailed analysis given on the chart
Vishnu Bounce Back from SMA55
NSE:VISHNU
VISHNU CHEMNote:
1. Views are personal and for educational purposes only. Recheck and take the trade as per your RR.
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Keep an eye ladies and gentlemen. Cheers and Happy Trading
Swing Trade - Long Opportunity Vishnu chemicalsFlag pattern breakout on weekly chart
Details mentioned on chart
Maintain TSL after some points
triple top bottom triple top bottom ...............................................................................
For Swing TradeVishnu chemicals seems good in trend and now it crossed the triangle pattern, better to take for swing trade and expect 20% increase in short term and volume also seems very good
Buy Vishnu chemical for short term gainMy idea is for educational purpose..
Buy Vishnu chemical @214 for more than 10 % gain in short term from here.
Golden time to buyPrevious same action created and now best lowest point is now to buy for target 236 till 10 March.
