this Chemical stock is on radar

🔎 Observations 📌 Breakout confirmation: Recent candle shows strong momentum (+11.96%) with high volume breakout above resistance. ✅ Wave 2 seems complete, and Wave 3 rally has started, often the strongest and longest wave in Elliott structure. ✅ Current price: ₹607.50 (above both 0.5 and 0.618 retracement = bullish territory). 📌 Trade Insight (Educational Purpose) Entry Zones: Already in rally mode; re-entry ideal on pullback toward ₹589–₹542. Targets: Short-Term: ₹655 / ₹741 Medium-Term: ₹987 (1.618 extension) Stop-Loss: Below ₹540 or trailing based on structure