Stock Analysis of Coromandel Limited
Price - 771.25 Dt. - 12.05.2021
Yesterday stock had given the breakout and stock continued the momentum today with small profit booking. With fertiliser stock is in focus we expect Coromandel to perform well in upcoming sessions and the stock faced resistance today at 773.85. If stock sustain above 773.85 then this stock can be a good bet.
21DEMA is ready to cross the 50DEMA from below which is a bullish sign for the stock.
Yesterday stock had given the breakout and stock continued the momentum today with small profit booking. With fertiliser stock is in focus we expect Coromandel to perform well in upcoming sessions and the stock faced resistance today at 773.85. If stock sustain above 773.85 then this stock can be a good bet.
21DEMA is ready to cross the 50DEMA from below which is a bullish sign for the stock.
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