CHEMCON trade ideas
CHEMCON may break the upsideCHEMCON can double from here with in few years. Sl below the trend line.
Chart is self explanatory. Please follow the price action & take the trade as per your appetite.
The information provided here is only for educational purpose. The information provided here is not intended to be any kind of financial advice, investment advice, and trading advice. Investment in stock market is very risky and trading stocks, options and other securities involve risk. The risk of loss in stock market can be substantial. Moreover, I am not a SEBI registered analyst, so before taking any decision or before investing in any Share consult your financial advisor and also do your analysis and research.
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Chemchon📈 After a prolonged downturn, stock has shown a promising sign of reversal with a beautiful doji at the bottom. This candlestick pattern suggests a potential turnaround, supported by positive movement in our moving averages.
Based on my technical analysis, I foresee a rapid ascent towards 319 in the near future. 🚀 Stay tuned and keep a close watch as we ride this momentum together!"
Chemcon - LongChemcon CMP - 476.80 *Positional Trade Setup*
Looking bullish in higher time frame. One can go for Short / Long Term Trade Setup with the following entry, exit & targets.
Buy Range at 465 - 475 / Stop Loss 444
Target 1 - 525
Target 1 - 550
Target 1 - 575
Disclaimer: This is my view and for educational purpose only.