The analysis is done on Weekly TF ad well as on Monthly time frame for bigger picture. The price may take few weeks to few months in order to reach the targets. Trade setup is explained in image itself. This is a continuation breakout chart.
Pls check the monthly chart here -
The above analysis is purely for educational purpose. Traders must do their own...
Chambal Fertilisers & Chemicals Ltd is engaged in production of Urea from its own manufacturing plants. It also markets/ deals in other fertilisers and agri-inputs. It also has a Joint Venture for manufacture of Phospohric Acid in Morocco.
Market Cap
₹ 12,201 Cr.
Current Price
₹ 293
High / Low
₹ 516 / 261
Stock P/E
10.3
Book Value
₹ 163
Dividend Yield
2.57...
A little late in posting this but the risk to reward is still favorable!
NSE:RCF is an India-based fertilizer and chemical manufacturing company.
The Company manufactures Urea, Complex Fertilizers, Bio-fertilizers, Micro-nutrients, water soluble fertilizers, soil conditioners and a range of Industrial Chemicals.
The Company operates through the segments,...
Rashtriya Chemicals & Fertilizers Ltd
PC-B1=PC-B2
#WondersOfPC
Technicals:
• Strongly Breakout Bigger channel, PC-A at 104
• Crossing strongly above recent Resistance of R1 & R2
• Taller green towers in volume
• RSI is in Bullish Zone
• Relative Strength is in green
• Strong upside move in Fertilizer Sector
Levels for position:
Entry: 110-115 levels
ST Target:...
#RCF
RCF Looks too strong on Weekly time frame.
It is approaching to break strong TL resistance since 2010.
On weekly time frame it has come out of strong supply zone after a year.
Risk takers can make and entry at current levels and add till 88 levels. keeping sl of 78 on WCB.
Safe ones can wait for clear breakout and then make entry.
#vr
#GSFC
Very good looking weekly chart.
Adding 70% of trading qty at current price of 171.6
will add remaining 30% on retest of breakout (160-165).
Aiming for 1:3 RR At current level.
TGT 230
SL 151
on WCB
#vr
Rashtriya Chemicals & Fertilizers is a public sector undertaking (PSU) with 75% stake owned by GOI. Company is engaged in manufacturing and marketing of fertilizers and industrial chemicals.
Company is trading below historical 10 year Avg PE while the sales have almost doubled alongwith margins.
Stock has been a laggard and has not created any wealth for its...
Hi everyone, Coromandel intel long term swing trade consider buy above: 744. targets: 834/922/950, stoploss: 756.
LOGIC BEHIND TRADE: Stock has formed (w) pattern & given breakout of resistance buying on pull back will make RR good (targets identified from harmonic xabcd pattern level 1.272/2.414) stoploss is taken previous swing low. Stock is considerable for...
Positional Trade(4-5 weeks): FACT breaks out of a cup and handle pattern.
Buy: Fertilisers and Chemicals Travancore
CMP: 151
Target: 180
Stop loss: 130
Chambal Fert has given Flag breakout on daily chart. Target should be height of flag or fibb extension 100% to 380. Entry is in entry range and move is expected in 1-3 week timeline. Volume is also supporting.
Price - 114 Dt. - 12.05.2021
The stock closed right above the support line. GSFC served a nice 20% profit in the past 5 trading sessions. We are expecting stock can give a return in the next few trading sessions. We are expecting the stock to go up to 131.90 in few days. Stock may consolidate near the support line for 2-3 trading sessions.
Price - 400 Dt. - 12.05.2021
Like all other Fertiliser stocks, GNFC also witnessed the profit booking today after rising more than 7% on 11th May. We are expecting GNFC to move higher from the next trading session. The stock has successfully doubled the money of the investor who invested in Feb. Still after this the stock can go up to 550.
We are expecting the...
