Fertilisers & Chemicals Travancore Ltd's overall uptrend remains secure: Kunal Saraogi, Technical Analyst
The entire fertilizer sector might actually outperform the market.
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| Kunal Saraogi, Technical Analyst, equityrush.com, in a chat with ET Now talks about fertilizer space and Fertilisers & Chemicals Travancore Ltd.
How does Fertilisers & Chemicals Travancore Ltd look vis-à-vis the other fertilizer stocks?
This entire sector might actually outperform the market. This stock of course is correcting today but the overall uptrend remains secure. We have a very decisive, very clear kind of a breakout on the charts. So I would rather put my money into fertilizer at the moment, this is a sector to watch out. I also like sugar. So both of these sectors could be looked at if you are playing the markets for the next 15-20 days.
How does Fertilisers & Chemicals Travancore Ltd look vis-à-vis the other fertilizer stocks?
This entire sector might actually outperform the market. This stock of course is correcting today but the overall uptrend remains secure. We have a very decisive, very clear kind of a breakout on the charts. So I would rather put my money into fertilizer at the moment, this is a sector to watch out. I also like sugar. So both of these sectors could be looked at if you are playing the markets for the next 15-20 days.
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