Trading Idea - Buy Chambal Fertilizers

Chambal Fertilizers and Chemicals appears to be good on charts and showing more relative strength compared to markets. It has taken support at 68 levels thrice in last six months, which suggests a strong bottom for the stock at around those levels. Traders can go long in the stock with a price target of 90 in 5-7 trading sessions keeping a stop loss at 82 levels.

No comments:

Post a Comment

Do you like my blog?

If you enjoy reading InvestorZclub blog, please help spread the word by sharing this site with your friends.