Chambal Fertilizers has support at Rs 47-48: Gujral

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Chambal Fertilizers has support at Rs 47-48: Gujral

Technical Analyst, Ashwani Gujral is of the view that Nagarjuna Fertilisers tends to find support at around Rs 26-27 and Chambal Fertilizers has support at Rs 47-48.

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Technical Analyst, Ashwani Gujral is of the view that Nagarjuna Fertilisers tends to find support at around Rs 26-27 and Chambal Fertilizers has support at Rs 47-48.

Gujral told CNBC-TV18, "Nagarjuna Fertilisers tends to find support at around Rs 26-27, tries to run up to about Rs 35-36 and then tires out around there. Chambal Fertilizers Rs 47-48 is the support at lower level, generally tends to do Rs 60-61. With the poor monsoon environment, agriculture, etc., these stocks are not showing any consistent trends. They just tend to trade their support and resistances."