Need observe next week (starting 4th Sept) and look if it breaks out the trend line. If price breakout the trendline with good volume, it can give good target. Note: Before taking entry do your own analysis. Keep position size based on what your risk management allows.
Looks like possible formation of double bottom on weekly basis. Observe the chart near the end of trading session on Friday 1st Sept 23. Do check other indicators and apply your own study before taking entry.
CHEMPLASTS showing formation of inverted head and shoulder pattern. If current weekly candle breaks out with good volume, one can look for long trade. *** Views are personal. Invest only after careful analysis on your own. ***