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UPL Ltd. (NSE: UPL) AnalysisOverview: UPL Ltd. is currently trading at ₹545.50, showing signs of consolidation near its short-term moving averages. The price is poised at a critical level with a potential for either a breakout or a breakdown, depending on market dynamics and volume activity. Technical Insights: 1.Support and Resistance Levels: Immediate Support: ₹528 (marked by recent lows and a strong demand zone). Key Resistance: ₹549.50 (current level) and ₹584.05 (previous swing high and significant supply zone). 2.Volume Profile: The visible range volume profile indicates a concentration of volume between ₹540-₹550, suggesting this zone as a pivot for future price action. A breakout above ₹549.50 could attract higher volumes, pushing the stock towards ₹584. 3.Moving Averages: The stock is near its 20-day and 50-day EMAs, indicating a neutral short-term trend. A clear break above the 200-day EMA would signal a shift in momentum towards the bulls. 4.RSI (Relative Strength Index): RSI is hovering around 50, indicating a lack of strong momentum. A breakout above resistance could drive RSI towards overbought territory, confirming bullishness. Scenarios: Bullish Case: A breakout above ₹549.50 with high volumes could see the stock targeting ₹584.05 in the short term. Sustained momentum may lead to further upside towards ₹600. Bearish Case: Failure to sustain above ₹549.50 might result in a pullback to ₹528. A breakdown below ₹528 could open doors for lower levels, around ₹510. Trading Plan: Entry: Bullish: Above ₹550 for targets of ₹584 and ₹600. Bearish: Below ₹528 for targets of ₹510. Stop-Loss: Bullish: ₹535. Bearish: ₹540. Final Thoughts: UPL Ltd. is at a crucial level with a well-defined risk-reward setup. Traders should wait for confirmation of direction with strong volume support before taking positions. Monitor global agrochemical sector trends and news for potential catalysts.
NSE:UPLShort
by AngshumanSaikia
SWING IDEA - CHAMBAL FERTILISERChambal Fertilisers , a prominent player in the fertiliser industry, has recently garnered attention for its intriguing price action and technical indicators, prompting a closer examination for potential trading prospects. Reasons are listed below : Recent price action witnessed a breakthrough of the strong resistance zone at 350 levels, indicating a potential shift in market sentiment towards bullish momentum. A bullish engulfing candle on the weekly timeframe signals a bullish reversal, suggesting a possible uptrend ahead. The price aligns closely with the 0.382 Fibonacci retracement level, providing added support to the bullish outlook. After over two years of consolidation, the stock has finally broken out of this range-bound behavior, indicating a change in trend dynamics. Recording its highest close in eight weeks, Chambal Fertilisers trades above the 50 and 200 exponential moving averages (EMA), indicating strong bullish momentum. Consistent higher highs in the price action suggest a sustained uptrend. Notable upticks in trading volumes accompany recent price movements, indicating heightened investor interest and potential for significant price moves. Target - 415 // 480 // 515 StopLoss - weekly close below 340 DISCLAIMER - Decisions to buy, sell, hold or trade in securities, commodities and other investments involve risk and are best made based on the advice of qualified financial professionals. Any trading in securities or other investments involves a risk of substantial losses. The practice of "Day Trading" involves particularly high risks and can cause you to lose substantial sums of money. Before undertaking any trading program, you should consult a qualified financial professional. Please consider carefully whether such trading is suitable for you in light of your financial condition and ability to bear financial risks. Under no circumstances shall we be liable for any loss or damage you or anyone else incurs as a result of any trading or investment activity that you or anyone else engages in based on any information or material you receive through TradingView or our services. @visionary.growth.insights
NSE:CHAMBLFERTLong
by Visionary_Growth_Insights
Clean Science - All 4 Sides fully Clean & Green :)Clean Science and Technology is an India-based fine and specialty chemical manufacturing company. The Company is engaged in the business of manufacturing organic and inorganic chemicals. It operates through the Specialty Chemicals segment. This is an Investment / Portfolio Grade stock for long term After IPO, the price blasted 90% high in short time from 1400 levels to 2700 but then crashed deeply to 1200 levels - falling 54% from the ATH Now the price has taken a Clean Bullish Reversal and here are 4 different views to look at the 4 sides of Clean Science :) Top Left: Weekly Cup and Handle Breakout confirmed on Weekly - above 1552 for Target of 1755 and 1860 Top Right: Weekly Larger Rounding Bottom Breakout in Progress today - If the Price sustains above 1622 until Friday, then the BO gets confirmed for larger Target of 1998 Bottom Left: Monthly The Long Term view shows an Amazing Textbook Double Bottom Breakout - done today, if the Price sustains above the 1622 neckline by Friday EOD, then target of Double Bottom is the massive ATH at 2675 Bottom Right: Weekly The Price broke out of the Falling Parallel Channel on weekly and also completed a Retest and Bounce. Not just an ordinary retest and bounce, but the price followed the Rising 2 Bullish Continuation pattern last week which triggered the blast of 7%+ this week Once again, this is NOT a Trading Stock - Keep holding for massive 2x-4x returns. Disclaimer: Stocks-n-Trends is NOT registered with SEBI. We do not provide Buy / Sell recommendations - rather we provide detailed analysis of how to review a chart, explain multi-timeframe views purely for Educational Purposes. We strongly suggest our followers to "Learn to Ride the Tide" and consult your Financial Advisors before taking any positions. If you like our detailed analysis, please do rate us with your Likes, Boost and share your comments -Team Stocks-n-Trends
NSE:CLEANLong
by Stocks-n-Trends
BASF - An Investment pick with more than 70% ROI.The stock has been in an up trend. It has broken its all time high in 2021 and in good consolidation for 2 years and broken out of consolidation now. It has broken out of a bullish flag and pole pattern / falling channel pattern in a 3 M timeframe. One may also consider this for a swing opportunity , RSI intact in all time frames. Weekly price action shows, that the stock has broken out of falling channel, retested and reversed Consolidated for 7 weeks. Weekly RSI took support at 60 and bounced. Looks ready for a swing. SL - Previous week low at 3155. Target 1 - all time high, 3880.
NSE:BASFLong
by Rugminik
5
looking for 52 percent roi in 152 days go for ProLife longProlife Industries Ltd shares SWOT Analysis SWOT TECHNICALS DEALS SHAREHOLDING STRENGTHS (4) Strong Annual EPS Growth Company with Low Debt Book Value per share Improving for last 2 years WEAKNESS (4) Negative Breakdown Third Support (LTP < S3) Poor cash generated from core business - Declining Cash Flow from Operations for last 2 years Declining Net Cash Flow : Companies not able to generate net cash OPPORTUNITY (0) Data not found THREATS (1) RSI indicating price weakness LOOKING FOR 52 % HIKE IN SHARE OF PRO LIFE FROM CMP 214 CAN GO UPTO 350 AND BEYOND AS CHEMICAL THEORY IS ABOUT TO RE RATE
NSE:PROLIFELong
by EasyLife_Advisor
KODK Kodiak long trade from a retracement( Industrial Penny)KODK is the old chemical industrial company that focused on camera film and printing for decades now a bit or diversified in what it does. Share price is a fraction of what it once was. KODK had a news catalyst that it was trying to clean up financial issues with its pension plan which had $ 6 Billion in assets. That may be a good thing but investors through otherwise and price put in a 20% retracement over a few days. I expect this to rebound and earnings are about ten days away. The P/E ratio is about 10. While this is a risky penny stock, I see the potential in a recovery of the 20% of market cap in the pre-earnings period. Accordingly, I will take a long trade of stock shares and a put option to hedge those shares against a downturn.
NYSE:KODKLong
by AwesomeAvani
Blasting Oxidation Starts at Pondy Oxides & Chemicals :) :) :)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 Disclaimer: Stocks-n-Trends is NOT a SEBI registered company. We do not provide Buy / Sell recommendations - rather we provide detailed analysis of how to review a chart, explain multi--timeframe views purely for Educational Purposes. We strongly suggest our followers to "Learn to Ride the Tide" and consult your Financial Advisors before taking any positions. If you like our detailed analysis, please do rate us with your Likes, Boost and share your comments -Team Stocks-n-Trends
BSE:POCLLong
by Stocks-n-Trends
Balaji Amines Ltd. Elliott Wave Analysis - Weekly LogarithmicBalaji Amines Ltd. Elliott Wave Analysis - Weekly Logarithmic Chart The analysis is based on a weekly time frame using a logarithmic chart for Balaji Amines Ltd. The Elliott Wave count reveals a fascinating pattern that can provide insights into potential future price movements. However, it's essential to remember that all trading involves risk, and past performance does not guarantee future results. Always conduct thorough research and consider the inherent uncertainties in financial markets. Wave Count: Wave 1 (Nov 2010): The first wave appears to have completed in November 2010, closing at 57.85. This initial bullish move signaled the beginning of an upward trend. Wave 2 ABC Correction (Aug 2013): A corrective ABC pattern followed, completing in August 2013 with a low of 28.05. This retracement set the stage for the next bullish wave. Wave 3 (Jan 2018): Wave 3 unfolded with remarkable strength, reaching its peak in January 2018 at a high price of 782. This phase demonstrated the powerful momentum characteristic of third waves. Target for Wave (3): The projected target for Wave 3 is at 10267, based on traditional Elliott Wave analysis, indicating the potential magnitude of the bullish move. Wave 4 ABC Correction (Mar 2020): The onset of the COVID-19 crash marked the completion of an ABC correction for wave 4, concluding in March 2020 with a low of 200. The market's response to the pandemic created a significant correction. Wave 5 (Sep 2021): Wave 5, the final wave of smaller degree, reached its zenith in September 2021, with the stock achieving a high of 5223.55. This completed the five waves of minor degree, establishing a primary degree (1) in September 2021. Current Scenario: Post the completion of Wave 5, the stock transitioned into a bearish phase, undergoing an ABC correction near 1880 with a retracement exceeding 61.8%. This correction suggests a significant pullback, indicating a potential change in the overall trend. Invalidation Level: The bullish scenario would be invalidated if the stock price falls below the critical level of 1880, signaling potential weakness in the overall Elliott Wave structure. Disclaimer: This Elliott Wave analysis is speculative and based on historical price movements. Market dynamics can change, and unforeseen events may impact stock prices. It's crucial for investors to conduct their own research, consider multiple factors, and, if necessary, consult with financial professionals before making any investment decisions. Trading and investing always involve risks, and past performance is not indicative of future results.
NSE:BALAMINES
by imkhushal
The Electrified EV Chemical Industry - (1) Himadri SpecialityWith 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
NSE:HSCLLong
by Stocks-n-Trends
AARTI INDUSTRIES SEEMS IN WAVE 5 OF ITS PRIMARY WAVEAARTI INDUSTRIES SEEMS IN WAVE 5 OF ITS PRIMARY WAVE (Logarithmic chart) Please note that I am not a financial advisor, and the information provided here is not financial advice. Before making any investment decisions, it's crucial to conduct thorough research or consult with a qualified financial professional. In the context of Elliott Wave Theory applied to Aarti Industries stock: Primary Wave 1 (Jan 2006): The uptrend started, reaching a price level of 11.70. Primary Wave 2 (Jun 2007): A corrective wave followed, with prices decreasing to 2.8. Primary Wave 3 (Oct 2021): The strongest upward wave occurred, reaching a price level of 1003.45. Primary Wave 4 (Oct 2023): Another corrective wave took place, with prices dropping to 438. Now, it's suggested that the stock is currently in the 5th of Primary degree wave, and there's a projected target of around 1085 for its cycle wave 1. Keep in mind that Elliott Wave analysis is subjective, and interpretations may vary. It's crucial to consider other factors, such as fundamental analysis and current market conditions, and to remember that the stock market is inherently unpredictable. Past performance is not indicative of future results, and any projections or targets should be regarded as speculative and not guaranteed. Exercise caution, seek multiple sources of information, and consider consulting with a financial professional, especially if you are not experienced in technical analysis.
NSE:AARTIIND
by imkhushal
Gujarat Fluorochemicals: Symmetrical Triangle breakout CMP: 2916 | Industry: Chemicals P/E: 26.3 | Industry P/E: 29.9|ROE: 13.7% | ROCE: 27.1% |BV: INR 503 | EPS: INR 111| MCAP: 32,033 Cr. Aggressive Entry: 2,916 | Resistance Levels: 3,152 | 3,552| 4,076 Stop Loss: 2,680 Confirmation entry levels > 3,049 | CCI: -82 | EMA (9d): 2,793 | S. RSI: 25 Analysis: GFCL has been in the formation of a symmetrical triangle pattern since June 2022. It has rejected to break out from a declining trendline twice previously in Oct’22 and May’23. This time stock seems to be in strong momentum with rising volumes for 2 weeks consecutively. Momentum indicators are recovering from Oversold regions and with an uptick in direction too. If the stock closes above 3,049 entries can be taken for the nearest breakout levels of 3,152, 3,559 and the long-term target of 4,076. In case of pattern failure stop stands at close below 2,680.
NSE:FLUOROCHEMLong
by chandakpulkit
IOL Chemicals & Pharmaceuticals Ltd IOL Chemicals & Pharmaceuticals Ltd is a leading pharmaceutical (APIs) company and is a significant player in the specialty chemicals space. It serves the domestic and export market. It is the largest player of Ibuprofen (pain killer) globally with a worldwide market share of 35%. Firstly, let's start with the concept of Elliott Wave Theory. This theory is a method of technical analysis that attempts to identify recurring patterns in the stock market, based on the idea that stock prices move in waves. There are five waves in an uptrend and three waves in a downtrend, and these waves are labeled 1, 2, 3, 4, and 5 for an uptrend, and A, B, and C for a downtrend. The wave 2 that is being referred to in this statement is part of a larger uptrend, and typically represents a pullback or correction in the stock price, following an initial upward movement in wave 1. When a stock has completed its retracement of wave 2, it is believed to be ready for a new upward movement in wave 3. Wave 3 is typically the strongest and longest wave in an uptrend, and often sees the largest price gains for investors. It is important to note that while Elliott Wave Theory is a popular tool used by technical analysts, it is not foolproof and cannot predict the future movements of a stock with absolute certainty. It appears that the chemical sector is expected to experience a bullish trend in the near future. This may be due to a variety of factors, such as positive earnings reports from key companies in the sector, or increased demand for chemical products due to economic growth or other industry-specific factors. However, it's important to note that predicting sector performance can be difficult, and investors should always conduct thorough research and analysis before making investment decisions. This seems from the chart that the stock has completed its retracement of wave 2 and will go in wave 3 now...! This chart is dedicated for investor community. It seems now the sector of chemical will be on focus. Additionally, the chart suggests that the chemical sector is expected to perform well in the near future. However, as with all investment decisions, it's important for investors to conduct their own research and analysis before making any decisions. Thank you for following me...!
NSE:IOLCPLong
by imkhushal
1