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CHAMBLFERTMARKET OUTLOOKSTOCK OUTLOOK

Chambal Fertilizers Outlook for the Week (May 20, 2024 – May 24, 2024)

Chambal Fertilizers
Chambal Fertilizers
Chambal Fertilizers closed the previous week on a negative note losing 6.46%.

Technically, Chambal Fertilizers share price will see immediate support at 388.60 and immediate resistance would be seen at 415.00.

If Chambal Fertilizers share price closes below immediate support of 388.60, then sharp breakdown can be seen. Chambal Fertilizers share price will see major support at 372.25 for the week.

On the positive side, immediate resistance will be seen at 415.00. Closing above 415.00, Chambal Fertilizers share price will see a sharp breakout. Major resistance for Chambal Fertilizers share price will be seen at 425.05 for the week.

Trading range for Chambal Fertilizers share price for this week should be between 362.20 on down side and 441.40 on up side.

Chambal Fertilizers Previous Week High: 408.7

Chambal Fertilizers Previous Week Low: 382.3

Chambal Fertilizers Previous Week Range: 26.4 Points

Chambal Fertilizers share price support and resistance for the week (May 20, 2024 – May 24, 2024)

Level Type Value
Resistance 3 441.40
Resistance 2 425.05
Resistance 1 415.00
Support 1 388.60
Support 2 372.25
Support 3 362.20
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