Wait and watch for Chambal Fertilisers: Ashwani Gujral
"...around 88-90, it tends to find a lot of support and probably has another 10-15 bucks on the upside each time it gets to those levels."
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| Updated: Ashwani Gujral, Chief Market Strategist, ashwanigujral.com, talks to ET Now on various stocks.
Your call on Chambal Fertilisers because this stock has actually tanked literally 16%?
Chambal Fertilisers is in a range of about 88 to about 115. Markets need to be stable for these sort of stocks to move higher but around 88-90, it tends to find a lot of support and probably has another 10-15 bucks on the upside each time it gets to those levels.
Your call on Chambal Fertilisers because this stock has actually tanked literally 16%?
Chambal Fertilisers is in a range of about 88 to about 115. Markets need to be stable for these sort of stocks to move higher but around 88-90, it tends to find a lot of support and probably has another 10-15 bucks on the upside each time it gets to those levels.
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