* Chambal Fertilizers Ltd is a part of the agrochemical sector, primarily engaged in the production and distribution of fertilizers. It is a significant player in the Indian agricultural market, providing various types of fertilizers like Urea and other crop nutrients to support the farming community.
*The chart shows a consolidation pattern forming a rectangle or a channel, with the following key observations:
1. Consolidation Zone: The price has been moving sideways within a rectangular pattern, as marked by the points (1 to 6). This range has acted as both resistance and support multiple times.
2. Breakout Indication: The stock price has recently shown a breakout on the upside with momentum candles, indicating a bullish trend continuation. The rising volume supports the breakout.
*Entry: A good entry point would be on a retest of the breakout zone near ₹520–₹540.
*Target 1: Around ₹615
*Target 2: Around ₹675
*Extended Target: ₹750(if the momentum continues strongly)
*Stop-Loss Levels: ₹480
*The chart shows a consolidation pattern forming a rectangle or a channel, with the following key observations:
1. Consolidation Zone: The price has been moving sideways within a rectangular pattern, as marked by the points (1 to 6). This range has acted as both resistance and support multiple times.
2. Breakout Indication: The stock price has recently shown a breakout on the upside with momentum candles, indicating a bullish trend continuation. The rising volume supports the breakout.
*Entry: A good entry point would be on a retest of the breakout zone near ₹520–₹540.
*Target 1: Around ₹615
*Target 2: Around ₹675
*Extended Target: ₹750(if the momentum continues strongly)
*Stop-Loss Levels: ₹480
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, alım satım veya diğer türden tavsiye veya öneriler anlamına gelmez ve teşkil etmez. Kullanım Koşulları bölümünde daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, alım satım veya diğer türden tavsiye veya öneriler anlamına gelmez ve teşkil etmez. Kullanım Koşulları bölümünde daha fazlasını okuyun.