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Khaitan Chem (Weekly Timeframe) - Potential Breakout

The stock has been in a Uptrend since few weeks & a few weeks back it BrokeOut of a Long-term resistance with good volume and there after has been on the uptrend. This week it has reached a key resistance zone. If it can continue the momentum, the stock may BreakOut of the zone and it's next target can be the All Time High at 156. EMA's are all in PCO state which is a bullish sign.
Disclaimer: This analysis is my personal view & for educational purposes only. They shall not be construed as trade or investment advice. Before making any financial decision, it is imperative that you consult with a qualified financial professional.
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Disclaimer: This analysis is my personal view & for educational purposes only. They shall not be construed as trade or investment advice. Before making any financial decision, it is imperative that you consult with a qualified financial professional.
Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.