Buy Chambal Fertilisers for target of Rs 105: Aptart

MUMBAI: Sandeep Wagle, MD, APTART is of the view that Chambal Fertiliser has seen a price and volume breakout. He has advised traders to buy the stock for target of Rs 105.

“Buy Chambal Fertiliser in the range of Rs 98-97 with stoploss of Rs 95.50 for target of Rs 105. Price and volume breakout seen in the stock,” said Wagle.

Note: Trading idea valid for time-period of 5-7 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.