Stock Pick #CLNINDIA : Clariant Chemicals (India) Ltd.

Stock Analysis : Clariant Chemicals (India) Ltd.

Overview :
Clariant Chemicals India Ltd is an Switzerland based specialty chemicals manufacturing company. The India office is headquartered in Thane. It also largest producer of Pigments, Textile Chemicals & Leather Chemicals in India. The main business activity of Clariant Chemicals (India) involves manufacture of specialty chemicals for domestic and industrial use. It manufactures and markets textiles, leather, paints, plastic, printing inks, and agrochemicals products in India. It has presence in many international markets.
Technical View :
Forming Double Bottom pattern on Daily Basis and today taking a healthy breakout with huge volume. If it sustain above 638 and 3 days + weekly close above this level, then we will see this stock blasting upto 690.
Buying zone is seen at 630 - 640 in upcoming days stock is heading towards 688/730/755


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