Shardha Cropchem aiming for a ATH Breakout!
Updated
✅Aiming for a fresh breakout from previous ATH
levels.
✅No resistance to the left if broke out.
✅Trading above key DMAs
✅Good Volume and wide candles on DTF.
❗️Little bit stretched. Ideal entry was 635 and 708.
❗️Negative Sentiments in market.
Watch 770 levels for a fresh entry. And do not bet big in these market conditions. Have your risk management rules in place.
The chart is shared only for educational purposes. Please consult your financial advisor before investing.
➡️Market Cap₹ 6,855 Cr.
➡️Current Price₹ 760
➡️Stock P/E31.5
➡️ROCE4.27 %
➡️ROE1.42 %
levels.
✅No resistance to the left if broke out.
✅Trading above key DMAs
✅Good Volume and wide candles on DTF.
❗️Little bit stretched. Ideal entry was 635 and 708.
❗️Negative Sentiments in market.
Watch 770 levels for a fresh entry. And do not bet big in these market conditions. Have your risk management rules in place.
The chart is shared only for educational purposes. Please consult your financial advisor before investing.
➡️Market Cap₹ 6,855 Cr.
➡️Current Price₹ 760
➡️Stock P/E31.5
➡️ROCE4.27 %
➡️ROE1.42 %
Trade active
ATH levels are broken with good volume and a strong candle and sustaining above that. Gave 7.9% in a day. Let us wait for the day to close. If you missed the trade wait for a retest or buy 30% now and wait for a retest to deploy further.
This is just my view and not trading advice. Please study the chart and do your due diligence.
Note
21.5% move so far, in our favour. 
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