The product caters to the chemical, dyes and pigments and pharmaceutical sector. Fundamental reasons to buy : 1. Last year the Chinese government forced to reduce the manufacturing of complex chemicals. Less competition. The terrific result last quarter. 2. The company gets the raw material and manufacturing locally. So, no issue from the corona virus. 3. Well...
disclaimer... not an investing/trading recommendation
disclaimer.... not n investing/trading recommendation
Deepak Nitrite base of traingle is around 200 day moving average. Traingle setup can be bought at 266 ( If it corrects) or above 290 once it croses the traingle setup.
SL compulsory