The Chemical Sector was looking Super Bullish when compared to the Nifty 50. Many Chemical stocks were hitting Sky high last week.
Pondy Oxides & Chemicals is a Multi-bagger stock which already gave me more than 2x-3x returns last year. I booked my profits and after brief gap I re-entered the stock again in Q3/Q4 2023 and now it has given me 55% returns so far.
Technicals: Weekly: Cup & Handle BO Completed with target of 785 Monthly: With 20% UC today - it has broken out of Another much Larger C&H pattern at Monthly levels for a 2x Target of 1300+
The Oxidation has just started - don't give up now.....The Real Blast is yet to happen. Keep holding your winners
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