Swastik24

FAIRCHEM ORGANICS Trend Analysis

Short
NSE:FAIRCHEMOR   FAIRCHEM ORGANICS LTD
Price is showing hidden bearish divergence with RSI on Daily & Weekly TF.

Descending broadening wedge pattern is forming as highlighted.

Fundamentally the stock is highly overvalued.

Good to accumulate around 850-900 levels for the following targets:

Short term swing target @ 1590 (76.67% ROI)

Medium term swing target @ 2250 (150% ROI)

Long term positional target @ 3300 (266.67% ROI)

Do your own due diligence before taking any action.

Peace!!
Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.