Chembond ChemicalsNice breakout possible to move towards retest zone once breaks retest 692-698 zones will test for further for 795+++ zones
CHEMBOND trade ideas
Chembond can bond well in your medium term portfolio.Chembond Chemicals Ltd. engages in the manufacture and sale of specialty chemicals. Its products include water treatment, polymers, construction chemicals, coatings, animal nutrition's, and industrial biotech products.
Chembond Chemicals Ltd. CMP is 617.25. The positive aspects of the company are moderate Valuation (P.E. = 19), Company with Low Debt, Book Value per share Improving for last 2 years, Company with Zero Promoter Pledge, Annual Profit Growth higher than Sector Profit Growth and Strong Performer, Under Radar Stocks. The Negative aspects of the company are Fall in Quarterly Revenue, net profit and increase trend of non-core income.
Entry can be taken after closing above 624 Targets in the stock will be 656 and 677. The long-term target in the stock will be 706 and 746. Stop loss in the stock should be maintained at Closing below 586 or 553 depending on your risk taking ability.
Disclaimer: The above information is provided for educational purpose, analysis and paper trading only. Please don't treat this as a buy or sell recommendation for the stock. We do not guarantee any success in highly volatile market or otherwise. Stock market investment is subject to market risks which include global and regional risks. We will not be responsible for any Profit or loss that may occur due to any financial decision taken based on any data provided in this message.
50 SMA Rising - Swing TradingDisclaimer: I am not a Sebi registered adviser.
This Idea is publish purely for educational purpose only before investing in any stocks please take advise from your financial adviser.
50 SMA Rising strategy. Suitable for Swing Trading Initial Stop loss lowest of last 2 candles and keep trailing with 50 days SMA if price close below 50 SMA then Exit or be in the trade for 2 to 4 weeks.
Initial Target 1:3 - 785. Do not Forget to Exit if Stop loss Hit.
Be Discipline because discipline is the Key to Success in the STOCK Market.
Chembond chemicalsFundamentally decent low PE chemical stock looking good after retracing from the long term trendline
Initial entry can be taken now and he final installment after 570 levels.
SL weekly closing below the trendline
Earnings were good and last delivery percentage is almost 90 percent
chembondbuy chembond 490,target 750
The company offers products for applications in the areas of construction chemicals, industrial coatings and chemical trading. It deals in specialty chemical products like water treatment chemicals, industrial enzymes, metal surface treatment chemicals, and in applications solutions for infrastructure.
AWING TRADE IDEACHEMBOND broke horizontal trend line with huge volume after rc and rs method resistance breakout done an go long for the target of 50% with the sl of 12%.
