⭐️Target 1 achieved in SPIC. Gain of 47% Target 2 is ON..⭐️
Breakout chart as well as follow up chart added for reference. Charts are self explanatory. Entry, Targets and Trailing Stop Loss are mentioned on the chart.
IMP Points:
1. Southern Petrochemical Industries Corporation Limited is engaged in manufacturing and selling of urea, a nitrogenous chemical fertilizer.
2. It has given a breakout on Feb 18, 2022 with higher volumes.
3. The company has shown strong outperformance in earnings growth.
4. institutional buying is observed in this stock at the time of breakout.
5. As on today, it has achieved Target 1 with gains of 47% from breakout point.
Target 2 is on which stands at 109.
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