Chambal Fert --> RSI - Grandfather, Father, Son trading strategyMonthly RSI > 60
Weekly RSI > 60
Daily RSI taking support near 40
Entry price - 370
SL - 350
Target - Daily RSI closing >= 60
CHAMBLFERT trade ideas
Chambal Fertiliser looking good above 395-after breakout retest done in 1 day time frame you can see that chart below
-rise in volume along with RSI
-strong support from 50 EMA in WTF
Chambal Fertiliser Cmp 360 Rectangle BOChambal Fertiliser Cmp 360 dated 22-12-2023
Weekly Chart (Positional Call)
1. 18 months Rectangle Consolidation Bo @ 362
2. Volumes good
Buy above 362 target 370-390-400-420-435-450-470 SL 320
It is just a view, please trade at your own risk.
#CHAMBLFERT - Descending Triangle#CHAMBLFERT - Descending Triangle in weekly chart
Buy - Close above 302
Sl - Close below 245
Target - 375
Chambal Fertilisers and Chemicals (Rounding Bottom Breakout)Chambal Fertilisers and Chemicals Ltd has given a rounding bottom breakout on the weekly chart, which can open gates for 408, 451, and 484 levels. Also increasing volumes are seen on the weekly chart. #CHAMBLFERT
Disclaimer: I am not a SEBI registered analyst. All the stocks are for educational purposes. Investors must consult a financial advisor before making any investment. It is not a buy or sell recommendation.
CHAMBLFERT 10W/40W Cross [Weekly]CHAMBLFERT 10W or 50 DMA moved ahead of 40W or 200DMA. Volumes are showing this as a positive sign for now, One can wait for the scrip to break levels of 320-330 to consider this ahead. In Watchlist for now.
Chambelfert ✓ Good for Long 💯 ✓ Budget special 💹NSE:CHAMBLFERT
CMP: 359.80
Reason for Trade : Verge of WEEKLY BO
Entry : Cmp or near Support 340
Stop Loss: According to one's Risk Reward ratio
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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
CHAMBALFERT - SWING TRADE - 23rd December #stocks#CHAMBALFERT (1W TF)
Swing Trade Analysis given on 23rd December, 2023
Pattern: NECKLINE BREAKOUT
- Volume Spike at Resistance - Done ✓
- Breakout of Channel Resistance - In Progress
- Retracement & Consolidation - In Progress
#stocks #swingtrade #chartanalysis #traderyte
CHAMBLFERT Breakout &RSIIn this analysis, we will examine the technical aspects of CHAMBLFERT's weekly chart. We will look for key patterns and indicators that may suggest potential trading opportunities.
1. Breakout of Weekly Falling Trendline:
The most notable feature on the chart is the breakout of a weekly falling trendline. Such breakouts often signify a shift from bearish to bullish sentiment. This is a significant technical development as it suggests a potential reversal or continuation of the trend.
2. RSI Confirmation:
The breakout on the Relative Strength Index (RSI) adds strength to the breakout from the falling trendline. RSI is a momentum oscillator that measures the speed and magnitude of price movements. A breakout on the RSI typically corroborates the price breakout, making the bullish scenario more robust.
3. Hammer Candlestick Pattern:
A hammer candlestick pattern is visible on the chart, particularly on the support trendline. The hammer is a bullish reversal pattern that indicates a potential shift in sentiment from bearish to bullish. This pattern, when seen at a support level, suggests that buyers are stepping in to push the price higher.
Proposed Trade Strategy:
Considering the insights from the chart analysis, here's a proposed trade strategy:
Entry: Given the breakout from the falling trendline, favorable RSI confirmation, and the presence of a hammer pattern at the support level, initiating a long position at the current market price (CMP) of ₹284 seems reasonable.
Stop Loss (SL): To manage risk, it is advisable to place a stop loss at ₹257. This level is strategically chosen to allow for minor price fluctuations while safeguarding against unexpected adverse movements.
Target: The target for this trade could be set at ₹356. This level is chosen based on the potential price movement indicated by the breakout from the falling trendline.
Conclusion:
The technical analysis of CHAMBLFERT's weekly chart provides a compelling case for a bullish outlook. The breakout from the falling trendline, RSI confirmation, and the presence of a hammer pattern at the support level collectively indicate an opportunity for upward price movement.
However, it's important to acknowledge that trading carries inherent risks, and no analysis can guarantee specific outcomes in the dynamic stock market. Market conditions can change rapidly, so it's crucial to monitor your positions closely, adhere to risk management practices, and consider your overall investment strategy. Consulting with financial professionals is advisable before making significant trading decisions.
CHAMBLFERTChambal fertilizer has broken cup and handle pattern. Need to retesting 340 level with monthly chart. after Retest this stock ready to rally towards 415. Keep stop loss as your wish.
Chambal fertiliser weekly Breakout!Looks Good,On weekly Time Frame.
🔺️ Triangle pattern Breakout.
□To Initiate a trade, wait for weekly closing above resistance line.
●Target= Supply zone on the chart(351/366).
●Bearish engulfing technique can be used for Finding STOP LOSS.
□Slight pinkish Line represent Hidden Line(stock may face resistance)
□ Yellow dashed Line represent Support Line On Monthly Time Frame.
CHAMBLFERTCHAMBLFERT -- Based on the trendline and current momentum we should see a good upside in the short term.
Currently stock is trading above most of the moving averages on Daily, Weekly and Monthly time frames.
Also on a Daily Time frame:
We can see stock reversing from the Double bottom.
The next target in the short term is 366-368 levels and beyond that, we can see a good upside in the long term.
Add to watchlist.
Chambal - Ready Getting ready for Entry.
Chart is self explanatory.
Plan your trade
Maintain Journal.
Excellent buy opportunity CHAMBLFERTthere is clear divergence in the CHAMBLFERT as shown above you can buy 307 and keep SL 275
Trendline Breakout.Can go longHuge volume trendline breakout gives a chance to take long position in this stock.But always remember targets and stoploss as mentioned above.
BREAKOUT IN CHAMBEL FERTILIZER 📌SWING TRADE FOR NEXT WEEK🚀
Hello guys,
I am a swing trader by passion i only trade on swing stocks.
📌I post daily SWING CHARTS analysis on my trading view profile..
so let's start
📌TRADE ANALYSIS OF CHAMBER FERTLISER :-
•Breakout of symetrical pattern on DTF with strong candle
•Break counter trend line and hidden lines
•Volume increases last few weeks high
•Bullish trend/ make good structure also
•Made good price action
•Make higher highs/higher lows
📌 If you have any questions about any stock you can DM me Or comment on post 📱
📌Disclaimer:-
This all chatrs analysis are only for educational purposes only
I do not provide any CALL or Tips
BREAKOUT, CHAMBAL FERT, 72% RETURNS!!!BUY - CHAMBAL FERTILISER
CMP - Rs. 290
Target - 1: Rs. 345
Target - 2: Rs. 413
Target - 3: Rs. 499
.
Timeframe - 3 months - 8 months
.
Technicals - Bullish Flag Breakout
.
This is just a view by an expert analyst, please invest at your own risk.
.
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CHAMBAL FERTILIZER TARGET 300 STOP LOSS 260The script is a very good retracement from the descending triangle support line support of 264 with a day bullish closing. It will reach the short-term target of 300. And also chemical and fertilizer stocks are performing well this quarter
CHAMBLFERT | Ascending Triangle Breakout | Swing TradeCHAMBLFERT | Ascending Triangle Breakout | Swing Trade
Chart Analysis
1) Ascending Triangle Breakout
2) Breakout Consolidation Breakout
3) Volume Breakout
📈 Exciting Bearish Pattern Alert! 📈 Exciting Bearish Pattern Alert!
📊 Pattern: Rising Wedge
📌 Symbol/Asset: CHAMBLFERT
🔍 Description: Stock is in a rising wedge and now around the resistance. We can see downside if resistance is intact.
👉 Disclosure: We are not SEBI registered analysts, this is not a buy or sell recommendation. Technical patterns are just one piece of the puzzle. Consider conducting further research, consulting with a financial advisor, and managing your risks appropriately.
