khaitan chem already broke out falling wedge and retesting done factor here on higher time frame weekly trading above 20ema.
there was breakout with high volume on daily time frame and seems retesting also done now showing 1hr hammer candle on support level seems chance to get lowest risk reward.
NSE:KHAICHEM is consolidating at very best buy level. My idea is to take entry at current level of 74 with Stop Loss of 55 (19 Points)
My expected target will be 87 & 102.
Note: This is my personal analysis, only for learning. Thanks.