AKSHARCHEM trade ideas
Big Rounding Bottom on Daily ChartAKSHARCHEM
Bullish above 410
Target : 444, 500
SL: 380 close base
time frame 1 month
Risk is yours and reward is too yours totally
big rounding bottom pattern in daily chart and we can say it is reversal sign from bottom levels, As per valuation, It is under 500 attractive.
AksharChem - EW countAksharChem ran up a lot from 5 rs to 950rs. That's a lot in 10 yrs. Now finished 5 waves up. Already corrected 35% from its peak. But expecting more correction up to 400 levels, or even below 400. Then the next upcycle will start.