Agrochemical stock pick before budget

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Sharda cropchem has been consolidating near strong demand zone of 400-420.
Stock has bounced from trendline which indicates confluence of support bounce
Stock can reverse before budget as chemical stocks have shown strength.
Low risk high reward trade. Stock has good fundamentals as well to hold for longer time horizon.

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agrochemicalconfluencetradingDemand ZonesafetradeSHARDACROPshardacropchemSupply and DemandsupportbounceTrend LinesVolume

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