Yes2Profits

CHAMBLFERT BO Possible Soon

Long
NSE:CHAMBLFERT   CHAMBAL FERTILISER
The chart forms a cup and handle pattern supported by high volumes in the counter.

The other technicals are supporting the probability:
RSI - 68 (Since it is not in the oversold territory it makes room for higher profits)
MACD is above the centre and signal line which is another bullish signal
ADX - 42 (It indicates the strong trend of the movement, which is bullish in this case.

P.S: This is my first idea, comments are welcome.

Comments

Bro welldone Nice capture and analysis keep it up Good luck
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