MADRASFERT Volume support Breakout resistance Retest done This is for educational purpose only.
TARGET MENTIONED IN CHART - SL 83 FUNDAMENTALS Market Cap ₹ 1,666 Cr. Current Price ₹ 103 High / Low ₹ 108 / 53.2 Stock P/E 24.8 Book Value ₹ -14.2 Dividend Yield 0.00 % ROCE 27.7 % ROE % Face Value ₹ 10.0 Promoter holding 85.3 % EPS last year ₹ 11.5 EPS latest quarter ₹ 0.21 Debt ₹ 1,403 Cr. Pledged percentage 0.00 % Net CF ₹ 369 Cr. Price...
Madras Fertilizers Limited is engaged in the manufacturing of Urea and Complex Fertilizers. It is also involved in manufacturing Bio-fertilizers and trading eco-friendly Agro Chemicals, Organic Manure, and City Compost under the brand name ‘Vijay’ The Co has proposed to set up a 20 MW gas-based power plant with Gas turbine along with Heat recovery by steam...
Last Close : 73.55 , Buy On dips Till 70.30 For The target 87.50
15/10/2023 Madras Fertilizer Price Closed above 20MA CMP:76.60 Target:96 SL:73 Information is only for study purpose
Please look into the chart for a detailed understanding. Consider these for short-term & swing trades with 2% profit. For BTST trades consider booking target for 1% - 2% For long-term trades look out for resistance drawn above closing. Please consider these ideas for educational purpose
The stock Entry, Target, & Stoploss has plotted in the chart. Do analyse and enter.
Buy Madras Fertilizers Limited (NSE:MADRASFERT) Buy Range- 60 - 62.5 Target- 70 - 72 StopLoss- below 56.5 Potential Return- 15-18% Approx trade duration 12-14 days
CMP 60.96 | Triple bottom breakout on weekly | High volume | New 52 week recorded *Not recommendation
MADRASFERT good breakout and wait for retest then entry, it can touch short-term 70 levels
The idea here is about Madras Fertilizers: Madras Fertilizers Ltd. engages in the manufacture and marketing of ammonia, urea, and complex fertilizers. It also produces bio-fertilizers and markets organic fertilizers and neem pesticides. I am short term bullish on Madras Fertilizers due to below observed technical factors. 1. Contracting or Symmetrical triangle...
Whole fertiliser section is moving and this as well is breaking out after years of decline .May be some big news in making . Can give huge gain . Its been upper uppercircuit but we got filled today during big decline. Percentage moves can be huge so one needs to manage risk well more suitable for experienced traders. My personel opinion and you trade at your own risk .