FERTILIZERS AND CHEM gave a very good breakout after forming two decent bases. After the breakout, it consolidated for a while on extremely low volumes which depict holding interest by the institutions. It again gave a breakout and can do good in the coming days.
Will look for the pattern to break on the upside with good volume. Volume shrinking depicts that supply is decreasing, which makes it a high probable candidate to go long.
2000 acting as a psychological resistance here. Would be interesting once it breaks that level.
Trade voided if the pattern gets broken on the downside.
