The Electrified EV Chemical Industry - (1) Himadri Speciality
Updated
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 Bottom BO - it is travelling inside a Smaller Parallel Channel with a Fib Retracement of 0.5
Targets - 355, 410, 500
Immediate resistance to cross - Channel BO above 315 WCB
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 Bottom BO - it is travelling inside a Smaller Parallel Channel with a Fib Retracement of 0.5
Targets - 355, 410, 500
Immediate resistance to cross - Channel BO above 315 WCB
Trade active
Himadri - 1st Target Successfully Reached, Price is running fast to reach 2nd Target of 410. 25% Gain already from our Post of Dec 31 - Team Stocks-n-Trends
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