nsdtrading

Bullish view for long term

Long
NSE:CHAMBLFERT   CHAMBAL FERTILISER
Very bullish on Chambal fertilisers because of following price actions

1. Support from previous weekly breakout
2. Strong weekly breakout with huge volume
3. Support from weekly trendline
4. Strong short term trendline breakout
5. Huge volumes seen only after 2011

Huge momentum can be expected above 282 levels. For targets follow the Fib levels drawn on chart
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