Date 7th Mar 2024
Chemfab shown breakout with gap opening from significant resistance last week.
Target was already decided with breakout, and now I am giving actual call to buy it after rejecting sellers pressure.
Thank You!
Chemfab shown breakout with gap opening from significant resistance last week.
Target was already decided with breakout, and now I am giving actual call to buy it after rejecting sellers pressure.
Thank You!
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One more thing to add is its allover bullish stock so can carry positions on monthly closing candle above 5 ema line.
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Upper Circuit All day
Going Well
Going Well
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Another Day with Strong Opening !
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Again, Retesting Red Line, until it close (D) above that line it's still bullish.
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580 is Good Support now and will works as a SL too.
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Good Monthly Closing at 652 Rs.
In a Daily and Weekly TF price is still above 5 ema so good to carry even if you bought at little higher price.
In a Daily and Weekly TF price is still above 5 ema so good to carry even if you bought at little higher price.