CHAMBAL Fertiliser on a daily time frame CUP chart pattern Monthly and Weekly RSI above 60 levels Daily, 75 mins and 15 mins RSI declining It should retrace the neckline levels to retest the levels. If you calculate the retracement, it should retrace between 23.6 to 38.2%. You can notice unusual volume on a break-out candle.
CHAMBLFERT 372 TGT 430 SL 350 Risk <7% Return >15% RR >2 Timeframe <6M NSE:CHAMBLFERT Buy Recommended Can hold for long term Shared with 💚 By Rachit Sethia
It was in deep consolidation around 200 Weekly EMA . It is picking up good volumes around that level, if breakout one then above mentioned targets can be achieved easily
#FACT NSE: FACT CMP: 162.45 Target: 200+ Return: >25% SL: 140 RR > 2 TimeFrame <6 Months. 🔥at All time high! Factors: BULLISH WEDGE BREAKOUT Trend Following Rising Volume with rising Prices. Flag pattern breakout. Pennant Pattern Breakout with Bullish Candle. Retest Successful. Higher Highs & Higher Lows. Broken above RESISTANCE levels Trading at SUPPORT...
As per analysis, best entry level to take positional trade on NSE:CHAMBLFERT is 311. This could be very best risk and reward trade. My target will be 321 & 353. Will exit if price trade below 297. Note: This is my personal analysis, only for learning. Thanks.
Chambal Fertilisers & Chemicals Ltd is engaged in production of Urea from its own manufacturing plants. 52nd week High/Low: 516/261 Market Cap: 12817cr ROCE: 23.4% PE Ratio: 9.90 Debt to Equity: 1.02 Sales - UP Sep 2021: 4479 Jun 2022:7291 Sep 2022: 8587 Net Profit - DOWN Sep 2021: 506 Jun 2022: 342 Sep 2022: 274 EPS - DOWN Sep 2021: 12.16 Jun 2022: 8.21 Sep...
chart is speaking ,at a very good demand zone < should it break trend line , keep your fingers crossed.
CHAMBLFERT chart analysis profit atleast 10% profit only for study purpose
Lookout of the breakout, Possible upside of 5% till the supply line