PRIVISCL

Bullish for long term

Fundamental Analysis:

is engaged in manufacturing aroma and specialty chemicals catering to global FMCG and fragrance players. In the latest quarter, revenue grew by 23% while profit surged by 70%, indicating strong margin expansion and improved demand. Institutional holding also increased by 6%, reflecting rising investor confidence. Technical Analysis: The stock is in a strong uptrend, forming higher highs and higher lows over the medium term. After a sharp rally, it has entered a consolidation phase near ₹2,900–3,200, indicating healthy profit booking. Price is sustaining above the key support zone of ₹2,850–2,900. RSI is around 58, showing positive momentum, while ADX is low, suggesting consolidation within an uptrend. A breakout above ₹3,150–3,200 can trigger fresh upside toward ₹3,400–3,450, while ₹2,850 acts as strong support.