150 points target in Fairchem

Q1FY23 – Excellent numbers

YoY Rev at 225Cr vs 139Cr⬆️61.9%
QoQ Rev at 225Cr Vs 178Cr⬆️26.4%

YoY PAT at 27Cr vs 22Cr⬆️22.7%
QoQ PAT at 27Cr Vs 11Cr⬆️145%

Q4 EPS at 20.7 Rs vs 17.1 Rs Vs. 8.6

As per the chart in the daily timeframe, the stock is moving in an upward channel. With a boost of a good result, we can see 1720 to 1770 in short term.

SL can be put as close below the lower boundary of the upward channel.

Disclaimer: This is for educational purposes only, not any recommendations to buy or sell. As I am not SEBI registered, please consult your financial advisor before taking any action.
Chart PatternsTrend Analysis

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