Buy Chambal Fertilisers for target of Rs 100: APTART

MUMBAI – Sandeep Wagle, MD, APTART is of the view that Chambal Fertilisers has seen a price and volume breakout. He has advised traders to buy the stock for target of Rs 100.

“Buy Chambal Fertilisers in the range of Rs 87-85 with stop-loss of Rs 82 for target of Rs 100. Price and volume breakout seen in the stock,” said Wagle.

Note: Trading idea valid for time-period of 7-8 trading sessions.

The entry / exit price levels, stop-losses, targets as well as the time frames are indicative and viewers should use their discretion in implementing the same.