CHAMBLFERT
CHAMBLFERT - Ready for Channel Breakout* Chambal Fertilizers Ltd is a part of the agrochemical sector, primarily engaged in the production and distribution of fertilizers. It is a significant player in the Indian agricultural market, providing various types of fertilizers like Urea and other crop nutrients to support the farming community.
*The chart shows a consolidation pattern forming a rectangle or a channel, with the following key observations:
1. Consolidation Zone: The price has been moving sideways within a rectangular pattern, as marked by the points (1 to 6). This range has acted as both resistance and support multiple times.
2. Breakout Indication: The stock price has recently shown a breakout on the upside with momentum candles, indicating a bullish trend continuation. The rising volume supports the breakout.
*Entry: A good entry point would be on a retest of the breakout zone near ₹520–₹540.
*Target 1: Around ₹615
*Target 2: Around ₹675
*Extended Target: ₹750(if the momentum continues strongly)
*Stop-Loss Levels: ₹480
CHAMBAL FERTILISER Note:
1. Views are personal and for educational purposes only. Recheck and take the trade as per your RR.
2. Always remember SL is your lifeline, not the big target...
3. Follow us for more patterns and like, share so that we feel it is helpful to many and share more patterns...
3. Views given here is not a tip rather it is for educational purpose... Aftermarket opens, the condition might change so learn to handle different conditions...
Keep an eye ladies and gentlemen. Cheers and Happy Trading
Chambal Fert Swing Long Update- Chambal is currently trading at 519
- I am soon expecting Chambal to purge 530 as well
- If you are late then it is better not to catch the breakout if your entry is not conservative
- If you try longing after taking a confirmation from the breakout a Buy Side Liquidity trap will stop you out showing a bullish fakeout
- So Avoid longing chambal when the party is over
- If you a retracement and a catch beneath the wicks entries are going to be perfect
- Manage risk properly
ChamblFert Time to go Long!Hey Family, there is a one more stock Which is showing a great opportunity.
Key Points:-
* Formation of Pole & Flag in daily TF.
* After Breakout of cup & Handle Pattern it is re-testing the resistance Cum Support Level.
* It's Giving Breakout of Pole & Flag and trying to Sustain above Resistance Zone with good volume.
* Volume Accumulation (Volume is Rising).
What is your view please comment it down and also boost the idea this help to motivate us. We are Certified. All views shared on this channel are my personal opinion and is shared for educational purpose and should not be considered advise of any nature.
CHAMBAL FERTILIZERS - Bullish Swing Reversal with VolumesNSE: CHAMBLFERT is closing with a bullish swing reversal candle supported with volumes.
Today's volumes and candlestick formation indicates strong demand and stock should move to previous swing highs in the coming days.
The stock has been moving along the horizontal support for the past few days which is indicating demand.
One can look for a 17% to 25% gain on deployed capital in this swing trade.
The view is to be discarded in the event of the stock breaking previous swing low.
#NSEindia #Trading #StockMarketindia #Tradingview #SwingTrade
CHAMBLFERTCHAMBLFERT -- Based on the trendline and current momentum we should see a good upside in the short term.
Currently stock is trading above most of the moving averages on Daily, Weekly and Monthly time frames.
Also on a Daily Time frame:
We can see stock reversing from the Double bottom.
The next target in the short term is 366-368 levels and beyond that, we can see a good upside in the long term.
Add to watchlist.
CHAMBLFERTCHAMBLFERT :- If breakout sustains together then we can plan something
Hello traders,
As always, simple and neat charts so everyone can understand and not make it too complicated.
rest details mentioned in the chart.
will be posting more such ideas like this. Until that, like share and follow :)
check my other ideas to get to know about all the successful trades based on price action.
Thanks,
Ajay.
keep learning and keep earning.
CHAMBLFERTCHAMBLFERT:- The stock was running in a parallel channel, if seen, the stock was running in a down trend, but the stock has also given a breakout of the upper side trendline of the channel, and the lower support is also good, if it gives a breakout of 306.25 level, then we Upside moment can be found, plan something only after breakout, till then keep your eye on the stock
Hello traders,
As always, simple and neat charts so everyone can understand and not make it too complicated.
rest details mentioned in the chart.
will be posting more such ideas like this. Until that, like share and follow :)
check my other ideas to get to know about all the successful trades based on price action.
Thanks,
Ajay.
keep learning and keep earning.
CHAMBLFERTChamblefertilizer is in trading inside a falling channel since Sept 2022 and with every lower low, RSI has made triple bottom and now showing breakout.
While Price is yet to breakout of the falling channel. Price is currently trading above ema 20 and ema 63, with ema63>ema20.
Chances of Price hitting ema 200 are on higher side as medium term sellers may be in looking to book profit with price sustaining above ema63.
Price is also forming inverted H&S pattern on charts which is still to complete and activate but anticipation of price moving higher and breaking out is high.
Possible Rounding Bottom formation in Chamblfert In a day chart Chambalfert forming Rounding bottom formation and stock is in its all time high @493.50 So, if it break that 493-500 Range with good volume can go till 630 range. Fundamentally company is not bad but there is 19% pledge. So do your own analysis before invest.
Chambal Fertilizers Ltd - 04.03.2022Chambal Fertilizers Ltd - 04.03.2022
The stock is trading @ 390 levels
There is a SUPPORT Zone @ 370 levels
Stochastic is oversold in Weekly Charts
The prices are above EMA
Stochastic is overbought in Daily Chart
RSI is 53 in Weekly Chart
RSI is overbought in Monthly Chart
Watch out for the price action
Let the prices go above 405
Chambalfert on daily trendline support.Chambal fertiliser has been taking support from the same trendline again and again on the daily timeframe.
Demand zone can also been seen here.
All the details are on the chart above.
Buy above - 392
Targets mentioned in the chart above.
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