SRF: Stock is now in uptrend a triangle breakout possibility stock broke trend line 1 as can be seen and this time it sustained above the same for a decent three-week interval expect this momentum to continue for targets 2850-2880 and 3200 on the upside in next two to three quarters with accumulation zone of 2200-2500 with a stop below 2120 level
the chemical major is trading with strength and is now near levels last visited in month of feb in year 2022 ie almost after two years its at same juncture possibility of breakout on higher side is high and with that into consideration , its a good long candidate for 3000 target zone with 2500 as stop loss
Consider a promising swing trade opportunity in Jubilant Ingrevia , a leading player in the specialty chemicals industry. Reasons are listed below : Breakout from Strong Resistance : Successfully breaking through the 500-520 resistance zone after multiple tests, indicating potential bullish momentum. Bullish Marubozu Candle : Strong buying momentum signaled...
Tata Chemicals, a renowned leader in the chemicals industry is compelling an investment prospect, propelled by a confluence of bullish technical indicators and promising market dynamics. Reasons are listed below : Technicals: Tata Chemicals has recently broken out from an ascending triangle pattern, signaling a potential uptrend and presenting an attractive...
Balaji Amines breakout after 2.26Y. Can expect 2X from current price. Weekly volume is above the average. Daily volume at breakout isn't much convincing. But 15min volume at breakout was good. Maybe for safer side, one can add above 2440. Can wait to retest at breakout maybe around 2350-2360.
Breakout at all time high . Retest done. Good for Swing. Disclaimer : This is not a Buy or Sell recommendation. Please consult your financial advisor before making any investments . This is for Educational purpose only
Mejor support seen around 355 to 357 . This stock has potential to reach 600+ in long run . #EV #Chemical
XLB materials sector saw a nasty down day today despite the S&p500 closing positive. Clear relative weakness is being observed. One of the leading stocks in XLB : DD (Dupont) collapsed by 14% after issuing weak forward guidance ahead of their earnings. If they're expecting softer demand from China you can almost count on contagion through the sector.
NYSE:DOW a great example why long term investing doesn't always beat shorter term speculating/trading current price at same level as EOY '19.... closed the 2 down quarter green, above the low of previous quarter = positive inside year = no clear direction, until market gives us new clues = neutral anything can happen
The chemical sector is looking in good momentum. These are the levels as per my analysis and can be a good momentum trade.
Hello & welcome to this analysis using Ichimoku Multi Time Frame Analysis Stock has a history of lengthy periods of sideways correctives. The current scenario suggesting a trend line resistance if taken out then upside till 2250-2350 where it faces a major resistance. Support at 2050-25 if violated then next major support at 1900-1875. Anything below that would...
Looking good , strong volume base support Good break out may happen so consider. Sulfuric acid prices have started increasing significantly. News ::- Sulfuric acid prices have started increasing significantly. DMCC has already completed huge Capex in it. Majority of the chemicals are showing positive signs now. Chemical stocks are cheapest in this market.
The company is second largest company in chemical sector in Bharat. It trades between a range of 2155 and 2637 and has completed the range 4 time in past 1 and a half years. It will again touch th same level of 2637.7 because of increasing profits and increasing CWIP.
The technical figure Falling Wedge can be found in the daily chart in the German company Bayer AG (BAYN.de). Bayer AG is a German multinational pharmaceutical and biotechnology company and one of the largest pharmaceutical companies in the world. Headquartered in Leverkusen, Bayer's areas of business include pharmaceuticals; consumer healthcare products,...
--------------------------------------DISCLIMER-------------------------------------------------- * All the information shared in this chart is provided for strictly educational purposes only. * This chart is sharing information are based on the theory of technical analysis . * This is not an offer to buy or sell stocks, futures , options, commodity, forex,...
The Structure looks good to us, waiting for this instrument to correct and then give us these opportunities as shown on this instrument (Price Chart). Note: Its my view only and its for educational purpose only. Only who has got knowledge about this strategy, will understand what to be done on this setup. its purely based on my technical analysis only...
The technical figure Triangle can be found in the daily chart of the German company BASF SE (BAS.de). BASF SE is a German multinational chemical company and the largest chemical producer in the world. The BASF Group comprises subsidiaries and joint ventures in more than 80 countries and operates six integrated production sites and 390 other production sites in...
Hi there, The Structure looks good to us, waiting for this instrument to correct and then give us these opportunities as shown on this instrument (Price Chart). Note: Its my view only and its for educational purpose only. Only who has got knowledge about this strategy, will understand what to be done on this setup. its purely based on my technical analysis only...