Chambal is under selling pressure and trading near the support zone... Price is trapped between the downtrend line and 1st major support. If the price breakout the trendline, the chances of a 25-30% rally. Keep stop loss very tight. (I am not a financial advisor, it's purely based on my analysis. Feel free to correct me in the comment box :) )
1) Stock had been underperforming thereby chances of a breakout were less. 2) The RS line tanked while price was moving up. 3) 2 Shakeout attempts after the while price was moving tight in range. 4) Entry was taken on 1min. Timeframe.
CHAMBLFERT Buy for intraday trading if stock break the given resistence level.......
CHAMBAL FERTILIZER buy for intraday trading if stock break the given resistence level............
Stock holding level above 50 day EMA and consolidating , if any breakout arrive can lead to 330 level
CHAMBLFERT Buy for intraday trading if stock break the given resistence level............
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 Fertilizers & Chemicals Limited all levels given in chart, do ur own analysis, trade based ur own risk and reward...
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...
risk: Reward ratio is 1: 2 Rest as per Charts ******** Note - One of the best forms of Price Action is to not try to predict at all. Instead of that, ACT on the price. So, this chart tells “where” to act in “what direction. Unless it triggers, like, let’s say the candle doesn’t break the level which says “Buy/Sell if it breaks”, You should not buy/sell at...
Chambal Fertilizers and Chemicals Ltd ( Next Week prediction) Education purpose only,
Chambal fertilizer is a strong breakout candidate. Keep it on your radar!
Above 355 looks good for ATH & IF ATH BROKEN THEN SKY IS LIMIT. MY CHARTS SAYS EVERYTHING JUST. Can you read.???
Hello and welcome to this analysis The stock is at the PRZ of a Bullish Harmonic Cypher formed in Weekly time frame. A bounce/reversal till 340 to 375 is probable as long as it does not break 250. Risk Reward for the trade is v good at 1:3 Harmonic Trading Patterns consolidate and then give strong follow through of trends. Since this is based on weekly time frame,...
Chambal Fertiliser has bounce back from 260 levels, seems like reversing, can long above 310 with SL of 250 on closing basis 1:3 Risk reward is minimum, can do 400, 470, 500 , 700 and 900+ in long term. Good Fundamentals with Company has a good return on equity (ROE) track record: 3 Years ROE 29.20% and good amount of promoters, FIIs and DII holdings. Please do...
chart is speaking ,at a very good demand zone < should it break trend line , keep your fingers crossed.
Look like both side opportunity as closes above 400 makes upside move and closes below 390 moves target of 370 and closes below move towards 350
Chamblfert broke out of symmetrical triangle on an hourly chart with decent volumes. Could be bought with mentioned stoploss & targets.