Chambal Fertiliser Weekly Chart

Chambal Fertiliser Weekly Chart Breakout Possiblility

Chambal Fertiliser Breakout will be possible if this Stock Closing above @291.50 on weekly chart and sustain.

:: Data Point ::
Breakout Level: @291.50
Target 1: @312.00 (Fibo 23.6% Level)
Target 2: @350.00 (Fibo 38.2% Level)
Target 3: @382.00 (Fibo 50.0% Level)
Stoploss: @260.00

It can be decline if Stoploss Hit, then it would come down towards Support Zone approx @207.00

Note: -Price traded above 200 EMA.
-Good Volume showing in Weekly and Daily timeframe.
-Decending Triangle Pattern happend.