Stock of the day : Chambal Fertilisers and Chemicals Ltd For Target Rs. 310 - Religare Broking Ltd
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Chambal Fertilisers and Chemicals Ltd
* CHAMBALFERT has witnessed strong upmove from the support zone 250 levels, the rise in price is seen with noticeable volumes.
* It has registered a breakout from the falling resistance trendline after 12 months.
* The stock has given breakout from a base formation indicates bullish tone to continue.
* We thus recommend creating fresh longs in the mentioned zone.
Buy Chambal Fertilisers and Chemicals Ltd CMP 295.60; Range 295-297 SL 288 ; Target 310
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SEBI Registration number is INZ000174330
