TIRUMALCHM trade ideas
Thirumalai Chemicals Ltd16-April-2024 | Live Market Analysis
Thirumalai Chemicals Ltd
#buy range 280 ~ 282
Expected #targets - 335 / 525 ++
NSE : #tirumalchm
Disclaimer: This analysis is for educational purposes only and should not be considered as trading advice or recommendations. Always conduct your own research before making any investment decisions.
Thirumalai chemical weekly chartThe stock is about to breakout from a multi month resistance - chart looks very good and volumes have picked up
Big investor came in
Looks good for all time high
Round Basing Pattern Looks Good -formed a Round Basing Pattern -Good to Go.
Disclaimer:- Educational purpose only. No Buy/Sell Recommendations.
TIRUMALCHM Daily timeframe analysis for long term
NSE:TIRUMALCHM has given strong breakout to golden zone.
We can see long term move above 225 with can buy more till 215 with SL 202
Major targets levels are highlighted in blue lines.
Thirumal chemical 4 hr time frame channel breakout buy @ 218 Thirumal chemical 4 hr time frame
channel breakout buy @ 218 target @ 234.90, 239.90, 249.60
risk reward 1.8
it just a view trade @ your own risk
sl@201.40
TIRUMALCHMTIRUMALCHM for SWING TRADE
entry in green zone only, seems good for Long from here.. Target, SL clearly given in chart
***I am not SEBI Registered. All my charts and analysis are only for educational purpose not for trading purpose.
Thirumalai Chemicals on an upswing. Thirumalai Chemicals Ltd. is one of the largest producers of phthalic anhydride, malic acid, maleic anhydride & fumaric acid globally. The manufactured items have a broad use in plastic industry, agricultural fungicides, enhancement of sweetness of fruits and carbonated drinks, animal feeds, medicines etc. They have presence in more than 34 countries.
Thirumalai Chemicals CMP is 204.90. Negative aspect of the company is declining quarterly net profits. Positive aspects of the company are zero promotor pledge, improving annual net profit, improving cash from operations annual, promotors increasing stake. FIIs are also increasing stake & low debt.
Entry in Thirumalai Chemicals can be taken after closing above 207. Targets in the stock will be 216, 222 & 228. Long term target in the stock will be 237 & 250+. Stop loss in the stock should be maintained at closing below 188.
Tirumalai - Add Today Enjoy Next WeekLike Likhita did well this week from 300 to 350...Tirumalai looks likey to give 10 to 20% returns in coming weeks...
Added some position today for SWING TRADE
218 CLB Stop
236 CMP
Thirumalai Chemicals Stock AnalysisThirumalai Chemicals Stock Analysis- Long term and short term view
Tirumalai Chemicals This is only for academic interest and am not a certified analyst.
Tirumalai chemicals has formed a perfect cup & handle which is an indication for an upward potential
Also the MACD cross over happens, which confirms the upward potential.
A potential stock for a watch out
Regards
K.Chandrasekhar
Tirumal chemicals breakout stock with good volumeI have been watching this stock for a while , a stock does have a good beta value and breakout happened with volume. So my first target would be the all time high.
Thirumalai gave a monthly breakout and retested with low volumesSellers are not able to dominate . Buyers are more dominant and is like to give drastic upmove in coming months.
Rounding bottom on thirumala chemicalsBuy for short term since it is forming a perfect rounding bottom
TIRUMALCHM Breakout on Daily Timeframe, Best Buy 233/231 TIRUMALCHM Breakout on Daily Timeframe, Best Buy 233/231
TIRUMALCHM Breakout on Daily Timeframe, Best Buy 233/231
TIRUMALCHM Breakout on Daily Timeframe, Best Buy 233/231
TIRUMALCHM Breakout on Daily Timeframe, Best Buy 233/231
TIRUMALCHM Breakout on Daily Timeframe, Best Buy 233/231
THIRUMLA CHEMICAL Buy - Breakout after 3 Years
Buy - Breakout after 3 Years
Buy - Breakout after 3 Years
Buy - Breakout after 3 Years
Buy - Breakout after 3 Years
Tirumalai Chemicals giving good multiyear breakout.After making highs of 240 in 2017..stock has given a breakout on 17th sept 21. With huge volumes. Good to see volumes increasing with price. Can give good returns
Bullish Thirumalai Chemicals LtdBuy = 285
SL = 185.95
Target 1 = 483.1
Target 2 = 582.15
19/09/2021
Bullish NSE:TIRUMALCHM-->Thirumalai Chemicals Ltd.
Buy for short term
Bullish Stock TIRUMALCHEM looks good on the chart. With a RSI below 40, and a complete cup formation, the stock can reach upto the levels of 238-240 and give good returns in the short run. Also the stock has the potential to fly more in the long run. It could break the resistance of more than three years (around 240), and go above. The financials of the company is too good. With its peg ratio below 1, decreasing debt and borrowings, increasing sales and investments even in the middle of pandemic, the company gives close to nil red flags.
Long Thirumalai Chemicals The stock Is consolidating in the 30 min time frame . Its currently at a strong support . I highly suggest buying above 133 with a minimum target of 142 and stop loss at 131
Thirumalai Chemicals Long Trade for Short and Long Term.The stock has been giving a breakout from its ascending Triangle on weekly basis and then from a 6-month consolidation phase and a straight upmove to 134 levels. This level of 134 was a minor resistance but it managed to close above it and is also
retesting it very smoothly on low volumes supporting the view for a long trade for swing.
The recent financial numbers says there is more potential for the stock to go higher. For the short term one can expect the stock to move further to 172-175 levels.
There are more delivery trades happening into this stock. Hence one can also invest into it for long term benefits.
PS - Even if the price falls down below 134, it has now a great support at 110-115 levels. Therefore suggested Stoploss at 103 for long horizon.
Trade accordingly :D
#Happy trading.
#PurePriceAction.
