rishab0260

CHAMBLFERT breaking the trend.

Short
rishab0260 Updated   
NSE:CHAMBLFERT   CHAMBAL FERTILISER
Chamblfert has given enormous returns over the period of time but looks bearish over the short period. The stock have given the breakout a few days ago, but could not sustain the breakout. Chambal fertilizer has broken a supporting trend line and the budget brings a negative impact on the fertilizer industry.
If the stock closes down below the trend line, we can see quick movement toward the downside and stock achieving our target.

Only for information and education purpose
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Comment:
Achieved our first target :)
now trail your position till target 2.

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