* 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
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.