NATIONAL FERT. LTD
Long

NFL - Bullish Fertilizer packs initiation of Bullish Trend

222
This stock has following attributes after testing the support at the Price Action line

1) Price > 50 DMA
2) 50 DMA > 200 DMA and diverging
3) Daily vol > Avg 30 D Vol
4) Super trend 14,3 Buy zone
5) ADX > 25 and rising - Momentum increasing
6) Consistently making daily high higher then previous high/closing since last 7 sessions
7) Very strong Northward Price action after breaking out from Price Action

Targets as marked per the cluster of Fibonacci Retracement and Extension together

Ideas and Analysis is a academic exercise and no recommendation to BUY

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