CHAMBLFERT : Rounding Bottom Breakout with ConsolidationChambal Fertilizers is showing a Rounding bottom Breakout with consolidation...
Consolidation Breakout above 555
All data is available in public domain..
CMP : 570
TG : 681
SL : 8% below breakout
Stock's selection based on 5 Point Analysis:
1: Idea : Breakout.
2: Support : Volume, Delivery .
3: Technical : 21/55/200-EMA, Super trend up, RS>0 RSI.
4: Fundamental : PE, PAT, Industry & peer PE and sector performance.
5: Timing : Entry Timing on Daily chart.
Disclaimer : It is my personal view as a trader and for educational purpose only. Equity market involves risk .
Please consult your financial adviser before taking any decision.
