GNFC, GSFC: Trading strategies for fertiliser stocks amid rebound on charts

RCF, GNFC and FACT may rally up to 15% as per their technical charts

Fertilisers, farming
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Avdhut Bagkar Mumbai

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Shares of fertiliser stocks will be in limelight post Fertilisers And Chemicals Travancore (FACT) hit a new historic peak on Tuesday. Shares of Gujarat State Fertilizers & Chemicals, Gujarat Narmada Valley Fertilizers and Chemicals and Rashtriya Chemicals & Fertilizers showed bullish rally in previous session signalling more upside in the coming session.

The domestic market traded subdued on Tuesday, while selective fertilizers stocks like Fertilisers And Chemicals Travancore and Rashtriya Chemicals & Fertilizers managed to trade in upper bullish trend. 

Here’s the technical outlook for fertiliser stocks for coming sessions:-

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First Published: Jun 15 2023 | 11:53 AM IST

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