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How To Trade : Century Textile, Chambal Fert, CRISIL


Century Tex : 

Stock is looking good on daily charts. The candle formation made on Friday is called " Bullish Engulfing Pattern" and stock may test 482-92 initially in coming days. Stock has also formed Double Bottom pattern around  432-35 which is again a bullish pattern and if stock sustains above 480-90 we can witness rally towards 540-600.in medium term. Have a look at daily chart


Chambal Fert :



Stock is in downtrend for last 2 month after creating double top around 265-67, Stock has some support around 210-204 but for any upside it need to sustain above 215-18 range and if it fails, below 204 we can witness sharp fall upto 190-80. Above 218 short term target will be 235.


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CRISIL : 

Stock is looking good on charts & looks like a "Cup & Handle" pattern breakout is on cards. Add above 1905 for 2020-40 in coming days, stoploss can be placed below 1860.


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