Trading_hawk

DEEPAKFERT || Will Sustainable Multiyear breakout come ?

NSE:DEEPAKFERT   DEEPAK FERTILISERS
NSE:DEEPAKFERT

This stock is for people who are looking for investing for short/mid term time. (1 -3 months).

From the chart it is easy to see that Safe buy will be on breakout of 492 level which is recent high.
One can also take entry from CMP . But I can see that it will consolidate a bit between 400-480 level before giving breakout on any side.

I can see Target of 600-720 for short/mid term time if it sustain above 492 level after breakout.

Please note: : This is just for educational analysis and it is not any financial/investing advise.
You can keep this stock on your watch-list /radar.

Better to take advise from your financial advisor before considering for any investment.