DMCC Triangle pattern breakout. Short term. Triangle pattern breakout. Short term. Stochastics 20%. Target 10%
DMCC trade ideas
Dmcc spicelity chemical Looking good , strong volume base support
Good break out may happen so consider.
Sulfuric acid prices have started increasing significantly.
News ::-
Sulfuric acid prices have started increasing significantly.
DMCC has already completed huge Capex in it.
Majority of the chemicals are showing positive signs now. Chemical stocks are cheapest in this market.
DMCC Speciality Chemicals, kindly do your own studyThis stock is ready for big move on upside.
Monthly- LTP is above last 1&1/2 year high
Weekly- Price is above 50 EMA and challenged upper bollinger band
MACD pco and RSI is above 60, weekly volume is very high
Daily- price is above 50 ema and challenged upper bollinger band
RSI is above 60 and ADX is at 30
In last 2 candle volume is very high
raftaaar..Big breakout on daily tf.
very bullish chart structure
SL can be placed below 400 daily closing basis
personally I am not placing a SL because it is my investment for short term
Strong Accumulation Those who wish to invest for long term can study the chart of Dharamsi morarji chemicals.
TARGET Rs 500 by april this company have potential to go even further and might also become a multibegger this year.
hope for the best , finger crossed
