SUDARSCHEM 1 Day View

📊 Key Intraday Levels

Opening Price: ₹1,521.00

Day’s High: ₹1,529.80

Day’s Low: ₹1,454.40

Previous Close: ₹1,520.50

VWAP (Volume-Weighted Average Price): ₹1,489.72

Upper Circuit Limit: ₹1,824.60

Lower Circuit Limit: ₹1,216.40

📈 Technical Overview

According to TradingView, the stock currently holds a "Strong Buy" technical rating, indicating bullish short-term momentum.

📉 Recent Performance Snapshot

Despite the current decline, Sudarshan Chemical has shown robust performance over the past year, with a 1-year return of approximately 38.25%.

🧠 Intraday Outlook

The stock is currently testing its support levels. A sustained move below ₹1,445 could lead to further declines. Conversely, a rebound above ₹1,530 may signal a potential reversal. Traders should monitor these levels closely for potential entry or exit points.

🔍 Summary

While the stock is experiencing a pullback today, its overall technical outlook remains positive. Investors should monitor key support levels around ₹1,454 and ₹1,440, as a breach could signal further downside. Conversely, a recovery above ₹1,500 may indicate a resumption of the uptrend.