GET YOUR FERTILISER NOW!Om Birla has been successfully elected as the Speaker of Lok Sabha at the convenience of BJP. Session is set to begin. Finance Minister will be ready with her Budget anytime now. And we all know what happens when Budget comes and considering the performance of BJP in UP, Harayana and Rajasthan, farmers will get far more than what we expect, if not the farmers, these fertiliser companies will. Be ready to use these fertilisers to boost your portfolios. Majority of them have already move and showed their potential, they are all re-testing and reversing, waiting for the good news to make the new highs. Not just these 6 here but many others are also there. Keep the whole sector on radar.
NFL
National Fertilizers Limited (NFL) - Breakout Setup, Move is ON.#NFL trading above Resistance of 135
Next Resistance is at 210
Support is at 89
Here are previous charts:
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
NFL Probable LongTerm Stock - PSU ThemePositives
National Fertilizers Ltd is Public sector undertaking Company.
Lately all psu stocks have performed very well. According to PSU/CNX500 ratio looks like it has stsrted it long term uptrend. But in short term it may correct.
Fertilizers looks strong in recent election volatility also.
So i might plan a trade in this for long term in Sip Mode.
Negitives
I dont find god fundamentals backup. Completely technical analysis based trade. So need to be alert.
NFL : #Fertilizer StockI'm seeing promising setups in fertilizer stocks lately. Specifically, I'm keeping an eye on
#NFL. They both look ready for a strong move soon,
with bullish patterns and solid sector momentum pointing to potential gains.
Keep in Radar
Disclaimer : All information on this page is for
educationaland learning purpose only .
consult your financial advisor.
NFLNFL:- The stock has given a breakout after 11 years. Keep an 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.
11 YEAR RANGE BREAKOUT IN NFLNSE:NFL
National Fertilizers Ltd. engages in the manufacture and sale of fertilizer products.
Its operating segments: Own Fertilizers, Fertilizers Trading
The Own Fertilizers segment includes urea, bio-fertilizers, and bentonite sulphur. The Fertilizers Trading segment comprises of indigenous and imported products.
Technical Analysis
On monthly time frame it is forming A horizontal resistance At a price of 90.
The range is 11 years old, Also it has formed a short term range around resistance zone and Now it is approaching that Resistance with good volumes.
Entry should be above 90 and The stop loss would be below swing low which currently is 63.
Target prices are 120 a minor resistance on monthly time frame and secondly 150 which is all time high of this stock.
Use proper position sizing method to enter on breakout.
KEEP LEARNING,
HAPPY TRADING.
NFL - Cup & Handle BO#NFL
CMP : ₹.112/-
Date : 18-01-2023
National Fertilizers Ltd is now on radar. The chart itself is self explanatory. 2 years old resistance trend line breakout happened .7 years old cup & handle breakout happened. 15 years long round bottom pattern is abou in a 75% completion status. The snapshot in the chart depicts it. Technically looking very good. A 50% movement can be expected soon. Also if the upcoming budget supports,the movement will be in bullet mode. Stoploss @₹.100/-
Disclaimer : Post only for educational purpose. Not a buying / selling recommendation. This is only my personal view. I am not a SEBI registered analyst . Do your own analysis and act accordingly
NFL | Good for Long | Budget near Election
CMP: 84.25
Reason for Trade : Bullishness & Budget near Election
Entry : Cmp or near Support 75
Stop Loss: According to one's Risk Reward ratio
#Study, Learn & Earn.
If you love this post please like and comment your thoughts below. That will be a great motivation for me to post similar ideas ahead.
Disclaimer: All the information posting on this page are for the educational purpose only, we are not SEBI registered financial advisor. We wont recommend any BUY/SELL of stocks. Contact your financial advisor before taking any action
NATIONAL FERTILIZER - DAY CHART - 28.12.2022 - BAHAVAN CAPITALNATIONAL FERTILIZER as per Day Chart Analysis
ABOVE 80 TARGET 82
For the last four sessions FII had been selling and DII only in Marginal Buying.
Hence tomorrow being month end expiry trade safely....
Happy Profitable Trading to All.
Advance Happy New Year 2023 wishes to all....
Edu Post: Double Bull Trap in NFLThe stock of National Fertilizers Limited (NFL) has exhibited a 'double bull trap' as shown in the 75min chart. The first time bulls were trapped on 12 May at morning highs in the range of 72.5-73.5. The trap was laid further the second time with another gap up crack on 20 May with 72.5 high.
Imagine the plight of the folks who bought at these zones. They will be looking to sell at the first go if the stock comes in this range again. Thus, we can see quite a bit of overhead supply in this zone.
It goes without saying that if this overhead supply is consumed, a major bullish breakout can be seen.
Note: This is an edu post and not intended to make any specific calls.
NFL 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...
4. To learn more about patterns, Psychology behind the trade, and price action trading... contact us... Thanks...
Keep an eye ladies and gentlemen. Cheers and Happy Trading
Target 1 (43%) achieved. Target 2 is ON...This is follow-up on National Fertilizers Limited. Can check link to related ideas.
Target 1 achieved. More than 43%. Target 2 is ON.
Chart is self explanatory. Entry, Targets and Trailing Stop Loss are mentioned on the chart.
Disclaimer: This is for demonstration and educational purpose only.