CHAMBAL FERTILISER is a chemical stock from a long time stoack was in consolidation Between the level of 370 -260 from from jun 2022 Now stock was trying to make a inverse HEAD AND SHOULDER PATTERN From the feb-14-2023 first it makes a SHOULDER at level of 270 -275 on feb -24-2023 After that make a HEAD at level of 250-248 on mar-29=2023 the retrech at the same level of Shoulder resistence. Then it make a next shoulder at the same level of 270-275 on apr -25-2023 Then they try to retrech on the same level of heads and shoulder neckline i.e 290 above 295 or neckline (day closing is very imp )stock is bullish
just a view / consult your financial advisor befor investing and trading
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