INSECTICIDES (I) LTDLargo
Insecticides - Poised for a 25% upmove Swing Trade
1) The stock is about to break out of a multi year Trend Line, 2017, 2022 in Monthly timeframe.
2) The stock is in up trend in all major time frames.
3) Daily shows a god trigger of a breakout soon indicated through a Volatility contraction Pattern.
For a 3% SL, 25% Targets expected , around 1000 Rs.
My entries - 789
SL - 767 Daily closing Basis
Target Around 1000
Sector : Chemical - Momentum Sector - AGroChemical.
2) The stock is in up trend in all major time frames.
3) Daily shows a god trigger of a breakout soon indicated through a Volatility contraction Pattern.
For a 3% SL, 25% Targets expected , around 1000 Rs.
My entries - 789
SL - 767 Daily closing Basis
Target Around 1000
Sector : Chemical - Momentum Sector - AGroChemical.
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