Chambal Fertilizer Rounding BottomThis is only for educational Purpose
chambal fertilizer has given rounding bottom breakout.
strength can be seen in all chemical sector stocks.
CHAMBLFERT trade ideas
CHAMBAL 550 ?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 FERTILIZERStock 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
#CHAMBLFERT (Weekly)⚡️Low Debt
⚡️FIIs increasing stake
⚡️10Y ROE of 22% CAGR
⚡️500% returns from Mar 20 to Apr 22
⚡️Sideways since Apr 22
⚡️Trendline Breakout
🔵 CMP 438
Chambal Fertilizer analysis on 15 Jun 24Chambal Fertilizer analysis on 15 Jun 24
Stock PE (13) is less than industry PE (30)
RSI Above 65
Formation of rounding bottom
If come down try to buy near 390 to 400
Stoploss - 310
Target 460 - 500 - 550
Rounding bottom Target 650 to 680
Chambalfert1.Moving averages
- 21 Ema above 50
-50 Ema above 200
-Gap between Ema seems better
2.uptrend continues observed
3.Good pivot levels
Chambal Fertilizer Cmp 393 Reversed from SupportChambal Fertilizer Cmp 393 dated 10-5-2024
1. Rectangle Pattern
2. Price Action shown.
3. RSI reversal
Buy above 395 target 405-415-425-435 SL 380
It is just a view, please trade at your own risk.
CHAMBAL FERTILISERS - Swing Trade - 10th March #stocksCHAMBAL 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
Short-term Uptrend 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
Chambal Fertilizer Quick move of 5% in stock, strength is building up with volumes.
Perfect example of how breakouts work after consolidations.
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2 Amazing swing trading ideas for 26 April MarketsI make educational content videos on swing / positional trading
CHAMBAL FertilizerReason to Buy : buyback
Allocation : 1.5%
Note : QoQ result was not good and shareholding pattern give some confidence
Chambal Fertilizers took support from lower end of Range Stocks to keep in Radar for Next week 02
* For Education Purpose
Practice and Learn price action setups
CHAMBEL FERTILIZER BULLISH TGT 400-430-472 06-04-2024Chambal 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 reduced from 50.6 days to 27.8 days
Technical points :
1. RSI rising and Above 60 on all time frames i.e. D/W/M
2. ABCD Pattern under formation on Weekly Chart
3. Super Trend Turned Bullish on daily chart
4. Can be a good Risk Reward with buy on dips and dips only as Major Support is near 334- 350 zone and resistance near 400-430 and 472 levels
5. Big Bullish Marubozu candle on weekly cart
6. Price walking on upper Bollinger band on daily chart and Narrowing Bollinger Bands on Daily chart
Lets see How it evolves
Disclaimer: I am not an expert I just share interesting charts here for educational purpose and not to be taken as buy/sell recommendation. Please seek expert opinion before investing and trading as trading/ investing in market is subject to market risks. I do not hold any position in the stock as on date but I may look to buy on dips with my own Risk Reward matrix.
trend line break out in 45 minssince clear break out in trend line and we can expect a nice rally from current price
#ChambalFertiliser cash : Looks good above 380.10#ChambalFertiliser cash -Positional call
03.04.2024
Looks good above 380.10
Stoploss 350
Target 430-440
Cmp 374
#ChambalFertiliser cash : Looks good above 380.10#ChambalFertiliser Cash -Positional call
10 March 2024
Looks good above 380.10
Stoploss 350
Target 416-420/440
Cmp 373
CHAMBL FERT- LONG 20 % UPMOVEprice showing a pole and flag breakout
MACD crossing signal line from below
target and SL marked
Chambal Fertilisers Chemicals Making poll And Flag PatternsChambal Fertilisers Chemicals Making poll And Flag Patterns Looking For Positional Trade Do your Analysis Before Trade This Only for Educational Purpose
#Chamblfert about to fly 🚀 🔥#Chamblfert about to fly 🚀 🔥
-CMP 372
-Trend line breakout
-volume spurt
Trendline BO in #CHAMBLFERTTrendline Breakout in #CHAMBLFERT with an excellent volume. The chart looks strong as the breakout happened with a momentum day candle
CMP 372
Support 355
Tgt 460|515
CHAMBAL FERTILIZERS - Bullish Swing Reversal with VolumesNSE: CHAMBLFERT is closing with a bullish swing reversal candle supported with volumes.
Today's volumes and candlestick formation indicates strong demand and stock should move to previous swing highs in the coming days.
The stock has been moving along the horizontal support for the past few days which is indicating demand.
One can look for a 17% to 25% gain on deployed capital in this swing trade.
The view is to be discarded in the event of the stock breaking previous swing low.
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