2024-08-08 10:09:12 am | Source: Religare Broking
Stock of the day : Chambal Fertilisers and Chemicals Ltd For Target Rs. 548 - Religare Broking
Chambal Fertilisers and Chemicals Ltd
* CHAMBLFERT has been in a primary uptrend, forming series of higher highs and lows.
* After a strong up move, it retested the neckline of previous breakout zone while consolidating in a narrow range.
* It has formed a fresh buying pivot by registering a breakout of a bullish continuation pattern.
* We expect the bullish tone to continue and hence longs can be created in the mentioned range
Buy Chambal Fertilisers and Chemicals Ltd CMP 517.20 Range 515-518 SL 502 Target 548
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