With Indian Government set to replace 800K Diesel Buses to EV by 2030, there is strong Focus and Growth potential on Companies manufacturing EV Related Chemicals
Let review each EV Chemical sector companies
1) Himadri Speciality: Multi-Timeframe Analysis
Monthly: Parallel Channel - Rounding Bottom BO done and nearing Target of 350+
Daily: After Rounding...
it would set up a facility to make lithium-ion battery components for an estimated project cost of 48 billion rupees ($576.12 million).
Lithium-ion batteries, which power electric vehicles (EV) and used to store energy, are expected to play a key role in India's goal to be a net zero emitter of greenhouse gases by 2070.
The country is expected to see sales of...
HSCL (1D)
CMP 273.70
- After a big move gone in consolidation
- Trying to Move out from consolidation phase
- New All Time High on the Cards
Sector : Chemical
Industry : Chemical
Market Cap : 12,035.37 cr.
Category : Small Cap
PE : 36.67
Industry PE : 36.90
About Company
Himadri Speciality Chemical is one of India's largest integrated...
Himadri Speciality (Rs.64) Heading for 85 to 100 Levels (Have patience and strategy - consult with your financial advisor to manage risk)
Do your research before investing..
The resistance is here, counter needs to close above 150 to run towards 178, right now it is sitting at confluence of trendline and horizontal resistance, clearing it can be tough task, only way to do it is extra ordinary results, so next few days are break or make!
HSCL - You beauty !
LONG is the only Answer !
The following analysis represents my personal opinion, and any trades executed based on this chart are solely your responsibility.
Please look into the chart for a detailed understanding.
Consider these for short-term & swing trades with 2% profit.
For BTST trades consider booking
target for 1% - 2%
For long-term trades look out for resistance drawn above closing.
Please consider these ideas for educational purpose
Himadri Speciality Chemical Ltd.
C&H Pattern: Yearly Basis
Strong Price BreakOut. Good to Go!!!
Vol. Consolidation. Continued BuiltUp
Trail SL with Upside.
Book Profit as per Risk Appetite.
Do Your Own Research. This is just an Opinion.
Happy Investing:)
