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harishnarayan2579
Mar 11, 2024 2:47 PM

Short-term Uptrend  Long

CHAMBAL FERTILISERNSE

Description

Chmabal Fertilisers
Undervalued stock - Stock PE 12 < INdustry PE 26
PEG < 1
Decent ROE, ROCE ~14-15
Poor sales growth but profits are intact. Decent Profit Growth ~8%
Promoter Holding has marginally increased in Dec qtr, FII holding is up by 0.6 bps

Hold for 5-6% minimum gains

Trade closed: target reached

Exited today @415.
From 360>415 - 15% gains in 1 month
Comments
rakesh4online
@harishnarayan2579 Hi i am holding huge for 490 target post results, is it worth? i se ur target reached but is my strategy valid? any backsides u see?
its a strong cup and handle pattern too
rakesh4online
Decrease in volume and increase in prize, stabilizing, will give breakout soon, slowly back to old 410 level.
rakesh4online
@rakesh4online, yeyy came true, waiting for 490 in few months
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