Chambal Fertiliser ready for the uptrend!ðĪĐðļðĨ
Buy Chambal Fertilisers & Chemicals for Positional Trading as well as InvestmentðļðĨðļ
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Both TECHNICALLY and FUNDAMENTALLY strong stock.ðŠðŠ
The company posted the best Q2 result and will very likely post a similarly strong result in Q3 too.
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The stock had been on a long term uptrend. However, on a daily timeframe, it was in consolidation. It had formed a Cup & Handle pattern and recently given its breakout. A strong uptrend is likely to be resumed from the current level.
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ð@technofunda_traderâ
Few Important rules from my Trading Philosophy:â
1. Buy QUALITY stock.
2. Buy RIGHT, Sit TIGHT- Only sell in loss if the fundamentals deteriorate, problems arise in management or any other similar fundamental issues.
3. Don't invest more than 5-10% in any stock & more than 25% in any particular or related sector.
4. Build position GRADUALLY as the stock RISES.
â 5. Trade in the DIRECTION of the BIGGER trend.
6. RIDE the TREND. Don't sell your WINNERS early.
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LIKE, COMMENT & SHARE ððð
.
Both TECHNICALLY and FUNDAMENTALLY strong stock.ðŠðŠ
The company posted the best Q2 result and will very likely post a similarly strong result in Q3 too.
.
The stock had been on a long term uptrend. However, on a daily timeframe, it was in consolidation. It had formed a Cup & Handle pattern and recently given its breakout. A strong uptrend is likely to be resumed from the current level.
.
ð@technofunda_traderâ
Few Important rules from my Trading Philosophy:â
1. Buy QUALITY stock.
2. Buy RIGHT, Sit TIGHT- Only sell in loss if the fundamentals deteriorate, problems arise in management or any other similar fundamental issues.
3. Don't invest more than 5-10% in any stock & more than 25% in any particular or related sector.
4. Build position GRADUALLY as the stock RISES.
â 5. Trade in the DIRECTION of the BIGGER trend.
6. RIDE the TREND. Don't sell your WINNERS early.
.
LIKE, COMMENT & SHARE ððð