CHEMPLASTS

Chemplast Sanmar Ltd.

Chemicals

Caution — weak structure

Late Stage
VCP active

Setup readiness

Late Stage

Pivot Levels
₹244.2-291.6
Support Level
₹270.4
Resistance
₹348.2
Risk Distance
7.3% to stop

Reference levels for educational study only. Not a recommendation to buy or sell.

RS
11.0
ADX
15.0
Vol
10.0

Swing Edge Intelligence

Structured setup analysis · research only

Setup status · Weak technical structure

Stage 4 trend context — relative strength and breakout quality remain primary constraints.

Relative strength Weak
Breakout readiness Low
Accumulation Distribution pressure

Bullish factors

  • Price remains near the 52-week low.
  • Price remains below the 50DMA (intermediate trend reference).
  • Price remains distant from the pivot zone.
  • Price remains materially below prior highs.
  • Relative strength remains low versus the broader market.
  • ATR 5.2%/day — healthy volatility (+4).
  • MACD bearish divergence — price firm but histogram fading (−4).
  • Pivot quality 35/100 — sloppy pivot zone.
  • Intraday range is tightening.
  • VCP-style base with 4 contraction(s) detected.
  • Distribution pressure observed in recent sessions.
  • 81% of profile volume above POC.
  • OBV divergence — price flat, volume rising: hidden strength.
  • Volume flow indicates accumulation.

Risk factors

  • 9 distribution days observed recently
  • Price advancing while OBV shows divergence
  • Significant overhead supply (94%)

Overall view

Broader structure shows distribution characteristics rather than sustained demand. Overall technical characteristics remain limited.

Size this trade

Setup research

CHEMPLASTS — trend, RS & risk snapshot (not a trade recommendation)

Signal · context · invalidation · risk · skip reasons — research only

Positives

Price is 30% below the pivot

Flagged yesterday

Context & regime

  • Market regime Mixed / range-bound
  • Trend stage Stage 4 — caution
  • Sector Lagging (#36/46) — headwind
  • Relative strength Lagging (RS 11)
  • Trend strength Weak (ADX 15)

Negatives

This idea is wrong below ₹270.4 (-32.8% away)

Base / stop support breaks — the swing thesis is wrong below here

  • Stop / base low₹270.4
  • Pivot — failure re-entry below₹290.2

Risk distance

7.3% to stop
1.4× ATR
2.7× R:R
19.4% reward

Risk ≈ ₹21.23/share from entry ₹291.6.

Reasons to skip 4

Disqualifiers that apply even if the score looks good.

  • 9 distribution days observed recently
  • Price advancing while OBV shows divergence
  • Significant overhead supply (94%)
  • Stage reads as Stage 4 (not Stage 2)
Setup metrics Latest scan

CHEMPLASTS Technical Analysis & Swing Setup

Grouped structure, momentum and risk from the latest research scan.

Volume Profile bullish

POC
₹213.54
VAH
₹245.4
VAL
₹212.72
Vol above POC
81.4%

Institutional Activity · Neutral

Avg cost basis
₹229.11
Acc zone
₹205.6–250.0
Accumulation sessions
1
CMF
-0.03

Structure

Trend / stage
Stage 4
Base
Weekly trend
Below 30-wk MA
Below 30W
RS rank
11.0
Weak
ADX
15.0
Weak

Momentum

RSI
42.0
Weakening
Recent move (10d / 20d)
+3.6% / -8.4%
Neutral
Volume quality
10.0
Thin
Relative strength
Lagging
Neutral

Risk

Failure risk
52.0
Moderate
ATR % / day
5.2%
Healthy
Distribution
9 day(s)
Distribution
Volatility
4 VCP
Contracting
More scanner fields
Sector RS 0.0%
Base 16w · 33.5%
VCP waves 4x
Vol dry-up No
Avg value ₹5.1 Cr
Failure flags Distribution cluster, Overhead supply, RS laggard

CHEMPLASTS Support & Resistance Levels

AI insights

AI Insights

Generated with AI

These insights are AI-generated to support your research process and should not be treated as investment advice or a recommendation to buy or sell securities.

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Pattern context 52w · setup · flow

52-week range

Stage-2 ideal band  ·  Early recovery

Pattern highlights

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Pattern signals from the latest scan

Smart money flow

Last 60 sessions · accumulation vs distribution

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Session flow 60 trading days
OBV trend On-balance volume · same window
·
Accumulation Distribution Neutral
Setup intelligence Overhead · VCP · radar · risk

Overhead supply

Resistance ceiling above current price

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Chase / failure risk

Honest read on exhaustion & extended moves

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Base / VCP coil

Depth, contractions & pivot distance

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Setup quality radar

Shape of the setup in one view

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Peer comparison Sector peers

Sector Peer Comparison

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CHEMPLASTS FAQ Common swing-trading questions

Frequently asked questions about CHEMPLASTS

What are the screener observations for CHEMPLASTS?

On Swing Edge's swing-setup framework, Chemplast Sanmar Ltd. (CHEMPLASTS) currently grades D — low-quality — likely skip. Price is 30% below the pivot. Flagged yesterday. This is educational research, not investment advice.

What are CHEMPLASTS's support and resistance levels?

For CHEMPLASTS, near-term support sits around ₹270.4 (the base/stop zone); overhead resistance is around ₹290.2 (the breakout pivot); the next resistance above is ₹348.2. This is educational research, not investment advice.

What is the breakout / pivot level for CHEMPLASTS?

The breakout pivot for CHEMPLASTS is around ₹290.2. Price is about 29.9% below the pivot and still building toward it. A breakout is typically confirmed on a close above the pivot with above-average volume. This is educational research, not investment advice.

Is CHEMPLASTS above its 50-day and 200-day moving averages?

CHEMPLASTS is currently in Stage 4, not a confirmed Stage 2 uptrend, so trend support from the key moving averages is weaker than ideal for a swing entry. This is educational research, not investment advice.

How strong is CHEMPLASTS versus the market (RS rank)?

CHEMPLASTS has a relative strength (RS) rank of 11 out of 100 versus the NSE universe, making it lagging the broader market on relative strength. Trend strength (ADX) reads 15, indicating a weak/choppy trend. This is educational research, not investment advice.

Answers are generated from Swing Edge's latest scan data and are for research only — not investment advice.

Prices and day-change figures use the last daily close from scan data dated 2026-06-28 — not live intraday NSE quotes.