madras fertilizers - continuation wedge bullish patternA continuation wedge bullish is a technical chart pattern that can indicate a potential bullish trend continuation. This pattern forms when the price of an asset has been in an uptrend and then starts consolidating in a tightening range, forming a wedge shape.
In a continuation wedge bullish patter
Key stats
Market capitalization
9.436BINR
Dividends yield (FY)
—
Price to earnings Ratio (TTM)
4.04
Basic EPS (TTM)
14.49INR
ISIN
INE414A01015
Sector
Process Industries
Industry
Chemicals: Agricultural
Website
madrasfert.co.in
CEO
U. Saravanan
Headquarters
Chennai
Employees
511
Founded
1966
Madras Fertilizers Ltd. engages in the manufacture and marketing of ammonia, urea, and complex fertilizers. It also produces bio-fertilizers and markets organic fertilizers and neem pesticides under the VIJAY brand. The firm operates through the Fertilizers, and Other Activities segments. The company was founded on December 8, 1966 and is headquartered in Chennai, India.
MADRASFERT : Bottomed out stock#MADRASFERT : Stock has Bottomed out and can show good upside in coming days
>> Good strength in stock
>> Volumes picking up
>> VCP seen at bottom / Rounding bottom
>> Can show Good momentum by giveing some good returns in coming days
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Long MADRASFERT - Move is ON..NSE:MADRASFERT
✅ #MADRASFERT - Trading above Resistance of 80
✅ Next Resistance is at 125
✅ Pattern as shown in chart
Charts are self-explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearl
Madras Fertilizers LimitedMADRASFERT:- stock is about to breakout keep your eye.
Hello traders,
As always, simple and neat charts so everyone can understand and not make it too complicated.
rest details mentioned in the chart.
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Income Statement
Balance Sheet
Cash Flow
Earnings
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Revenue