Stock is consolidating from a long time - July month in descending triangle pattern. we can see price are in compression mode. we can see a good breakout in this stock unto 345 and 470 Thanks
Hi guys I am posting this chart again with the possible Elliot wave counts and proper harmonic patterns Stock is consolidating from a long time - July month in descending triangle pattern. we can see price are in compression mode. we can see a good breakout in this stock unto 345 and 470 Thanks
CHAMBAL FERTILISERS (1D TF) - Swing Trade Analysis given on 10th March, 2024 Pattern: RECTANGLE BOX - Volume buildup at Resistance - Done ✓ - Resistance Breakout - In Progress - Demand Zone Retest & Consolidation - In Progress #chambalfert
Chambal Fertilizer resistance zone breakout. Look for volume if it respects support zone. T1 - 451 T2 - 484 T3 - 516
Chmabal Fertilisers Undervalued stock - Stock PE 12 < INdustry PE 26 PEG < 1 Decent ROE, ROCE ~14-15 Poor sales growth but profits are intact. Decent Profit Growth ~8% Promoter Holding has marginally increased in Dec qtr, FII holding is up by 0.6 bps Hold for 5-6% minimum gains
The long term monthly chart of chambal looks interest. IF 400 is held on weekly closing basis, we can see new highs real fast. wave 1 = wave 3 = 1284
Quick move of 5% in stock, strength is building up with volumes. Perfect example of how breakouts work after consolidations. #Nifty #TradingView #StockMarket #trading #StockMarketNews #StockMarketindia
Cup and handle breakout pattern in Chambal Fertilizers & Chemicals Limited with very high volume
This stock formed a BO of 2 chart patterns:- 1. Cup & Handle Pattern 2. Head & Shoulders Pattern A BO trader, he can trade view 1 or view 2, both are correct. We as traders should be able to see other patterns also this increases our chances of hitting our target as more traders will take part in the trade, and this increases the likelihood of hitting TP....
This stock formed a BO of 2 chart patterns:- 1. Cup & Handle Pattern 2. Head & Shoulders Pattern A BO trader, he can trade view 1 or view 2, both are correct. We as traders should be able to see other patterns also this increases our chances of hitting our target as more traders will take part in the trade, and this increases the likelihood of hitting TP....
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Bullish pattern breakout and retest done on daily chart. my first target is 403. but for next 15-20 days i am looking at 450. This analysis and opinion on basis of my knowledge, not a suggestion. Please do your own analysis before investment.
Reason to Buy : buyback Allocation : 1.5% Note : QoQ result was not good and shareholding pattern give some confidence
Stocks to keep in Radar for Next week 02 * For Education Purpose Practice and Learn price action setups
Chambal Fertilisers and Chemicals Ltd. is an interesting chart with following Fundamentals 1. Company has reduced debt. 2. Company has a good return on equity (ROE) track record: 3 Years ROE 23.5% 3. Company has been maintaining a healthy dividend payout of 23.0% 4/ Debtor days have improved from 35.2 to 23.1 days. 5/ Company's working capital requirements have...
since clear break out in trend line and we can expect a nice rally from current price
#ChambalFertiliser cash -Positional call 03.04.2024 Looks good above 380.10 Stoploss 350 Target 430-440 Cmp 374
good chart. stoploss are red lines in chart use as per your risk. only for learing