Sector on the move: Fertilizers. Enter GSFC and Deepak Fertilizers.
From our earlier recommendation: Coromandel and Chambal are near our 3 months target. GSFC has dipped and Deepak Fertilizer has begin to move.
Now,
Buy GSFC 118-120 target 145. SL 110. 1 month.
Buy Deepak Fertilizer 265-280. target 325. SL 248. 1 month.
Continue holding Coromandel International at 340-360. Revised target 420. SL. 320. 3 months.
Continue Holding Chambal Fertilizers above 90. Target 115. SL 82. 3 months.
Reference on our earlier call:
Continue holding Fertilizer stocks for another 3 months. Check out targets.
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Deepak fertilizer is at 257.05. Should I sell it or keep it holding? I had bought it at 281.
Thanks in advance!
Deepak Fertilizer is in range of 250-280. Buy some stocks now with SL of 240. Stock to move towards 280. Watch for Q4 results. Good results will help stock rally above 300 towards 330-350 in 6 months.