Stock of the day : Chambal Fertilisers and Chemicals Ltd For Target Rs. 560 - Religare Broking
Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel
https://t.me/InvestmentGuruIndiacom
Download Telegram App before Joining the Channel
Chambal Fertilisers and Chemicals Ltd
* We are seeing relative strength in fertilizers space and CHAMBLFERT is trading in tandem with its peers.
* It has formed a fresh buying pivot by registering a breakout from a bullish flag pattern.
* Also, by maintaining its position well above its short-term moving average, the stock showcases its inherent strength.
* We expect this outperformance to continue and hence longs can be created in the mentioned range.
Buy Chambal Fertilisers and Chemicals Ltd CMP 527.25 Range 525-528 SL 511 Target 560
Please refer disclaimer at https://www.religareonline.com/disclaimer
SEBI Registration number is INZ000174330
