Madras Fertilizers is engaged in the manufacture of Urea and Complex Fertilizers. It is also engaged in manufacturing Bio-fertilizers and trading eco-friendly Agro Chemicals and City Compost under the brand name Vijay. The Company has Contingent liabilities of Rs.407.02 Cr The starting of a new Darvas Box Trade only on your DUE DILIGENCE
MADRASFERT has given a good breakout from the channel pattern. Traders keep it under the radar.
CMP: 44 - Rising Channel pattern breakout - Highest daily volume Jan 2021 - Entry region would be 37 to 40
In January last week, Madras Fertilizers formed a Golden Cross between 50-SMA and 200-SMA on daily chart. The stock could be gearing up for a long-term rally. High volume trade and high percentage delivery also favors the perception. The stock hit upper circuit today. Trading into 52-week high. Could breach all-time high of 53 this week. Resistance 3...
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...
This scrip is expected to give breakout in the coming days. So traders keep on your radar to catch the momentum. Thanks to all 🙏🙏🙏
#MADRASFERT CMP - 37.10 Can be traded in the range of 32 to 35 OR Above 40 Next Levels can be expected 44 & 55 View will be negated below 40.25 Disclaimer : This idea is only for education purpose, Pls consult your financial advisor We are not Sebi registered. Retweet and Like
MADRASFERT has given good breakout with volume. Very short term target of 39 and positional to mid term is 50. #FYIonly
DON'T HAVE MUCH TIME TO TRACK TRADES? - Take BTST trades at 3:25 pm everyday - Book profits within first 30 minutes of the market opening - Try to exit taking 3-5% profit of each trade - SL can be taken when 5/15 min candle close below 44EMA Now why do I prefer BTST over swing trades? The primary reason is that I have observed that 90% of the stocks give most of...
Asc. Triangle. Price Break-out / Bol Support. Can be bought for Mid-term Do your own Research as well.
The stock looks good above 35 level positionally for target of 38 plus
My idea is for educational purpose. Buy Madras Fertliser @ 26.5 for 10-20% gain.
This is follow-up on Madras Fertilizers. Can check link to related ideas. Stop Loss Hit (Trade Closed). Chart is self explanatory. Entry, Targets and Stop Loss are mentioned on the chart. Disclaimer: This is for demonstration and educational purpose only.
Chart is self explanatory. Entry, Targets and Stop Loss are mentioned on the chart. Disclaimer: This is for demonstration and educational purpose only.
BUy above 25.90 for the Tgt of 35
This is a public swing trade idea and is only for Learning and observational purpose. Please understand your risk and take full responsibility of your actions. We would comment on any further updates on our entry, targets and stop-loss on this idea, so make sure to follow it if you want to get further updates. Our objective to help anyone who wants to learn...
madras fertilisers - levels mentioned on the chart
The chart speaks! Add on dips from now on