Sharda Cropchem: Interesting setup for a potential upmove
After breaching the 5 year high of 570, we can see a base upon base formation, marked as base 1 and base 2.
750 is an important zone, we can see good price move upwards once this level is crossed convincingly.
Immediate support level is 674, below which, the level of 570 will act as good support zone.
Important: Not a buy/sell recommendation. Always keep a strict stop loss.
750 is an important zone, we can see good price move upwards once this level is crossed convincingly.
Immediate support level is 674, below which, the level of 570 will act as good support zone.
Important: Not a buy/sell recommendation. Always keep a strict stop loss.