Buy Chambal Fertilisers for target of Rs 68: Angel
29 Sep 09 02:01 PM
ET
MUMBAI: Angel Broking has recommended traders to buy Chambal Fertilisers for a target of Rs 68 in next 8-10 trading
sessions.
"Chambal Fertilisers has closed near the trendline resistance of Rs 57 with rising volumes. Further, RSI and Stochastic oscillators have given a positive crossover. This suggests further upside. Traders can buy this stock above Rs 57 with a stoploss of Rs 53.50 for a target of Rs 68 in 8 - 10 trading sessions," the report said.