Chamblfert has given enormous returns over the period of time but looks bearish over the short period. The stock have given the breakout a few days ago, but could not sustain the breakout. Chambal fertilizer has broken a supporting trend line and the budget brings a negative impact on the fertilizer industry. If the stock closes down below the trend line, we can see quick movement toward the downside and stock achieving our target.
Only for information and education purpose Please consult your advisor before investing
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Achieved our first target :) now trail your position till target 2.