CMP : 44.65
Tgt 60-80
Time frame 1-2 yrs
Stop loss 37.50
Criteria for selection
Technical breakout is being seen with good volumes. It trades near life high probably Tomorrow it may make a new life high. Chart says it all it never crossed 30 since 2005 and in recent times it gave a break out and went till 45 levels then a bit of consolidation and now again it is ready to rise and break its all time high.
After elections now be ready for budget.
Fertiliser stocks are on the move
Chart
Disclaimer : i am not a sebi registered analyst kindly consult your financial advisor before investing
Tgt 60-80
Time frame 1-2 yrs
Stop loss 37.50
Criteria for selection
Technical breakout is being seen with good volumes. It trades near life high probably Tomorrow it may make a new life high. Chart says it all it never crossed 30 since 2005 and in recent times it gave a break out and went till 45 levels then a bit of consolidation and now again it is ready to rise and break its all time high.
After elections now be ready for budget.
Fertiliser stocks are on the move
Chart
Disclaimer : i am not a sebi registered analyst kindly consult your financial advisor before investing
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