RAMA PHOSPHATES LTD.
Long
Updated

Rama Phosphate - Triple bottom

148
India Fertilizer Stocks - Looks like a triple bottom made - breakout from resistance should give decent gains up to 500. SL at 340 -
Fundamental triggers -
As per global survey by Plimsoll, UK, it is reported that Rama Phosphates is the 24th fastest growing company out of 405 Global Fertilizer Manufacturers.
Exit from CDR
Large in-house production capacity for sulfuric acid which enables backward integration
Note
Correction - SL at 240
Trade closed: stop reached
SL hit- Closing trade

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