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CHAMBLFERTMARKET OUTLOOKSTOCK OUTLOOK

Chambal Fertilizers Outlook for the Week (August 14, 2023 – August 18, 2023)

Chambal Fertilizers closed the previous week on a negative note losing 4.86%.

Technically, Chambal Fertilizers share price will see immediate support at 260.80 and immediate resistance would be seen at 274.30.

If Chambal Fertilizers share price closes below immediate support of 260.80, then sharp breakdown can be seen. Chambal Fertilizers share price will see major support at 255.90 for the week.

On the positive side, immediate resistance will be seen at 274.30. Closing above 274.30, Chambal Fertilizers share price will see a sharp breakout. Major resistance for Chambal Fertilizers share price will be seen at 282.90 for the week.

Trading range for Chambal Fertilizers share price for this week should be between 247.30 on down side and 287.80 on up side.

Chambal Fertilizers Previous Week High: 278

Chambal Fertilizers Previous Week Low: 264.5

Chambal Fertilizers Previous Week Range: 13.5 Points

Chambal Fertilizers share price support and resistance for the week (August 14, 2023 – August 18, 2023)

Level Type Value
Resistance 3 287.80
Resistance 2 282.90
Resistance 1 274.30
Support 1 260.80
Support 2 255.90
Support 3 247.30

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