It starts with Rabbe Zul Jalal’s Ba Barkat name who knows the condition of the hearts very well. Assalamualaikum to all the viewers and listeners. Rahmatullah Wa Barakat Ang Fertilizer Limited closed at 8.75 paise with an upside move of 0.49 paise which is in percentage 5 29 Intra day
low of ₹ 9796 paise and yearly high of ₹ 1399 paise 97.5 paise while the high is 25 and it is also close to its high. Today we tested it. If we talk about the year’s high and volume, a volume of 67,2895 was generated. This is a December closing stock, there is no news on it today but it
is going to rise. The reason was not revealed and you people know that anyway today only fertilizer and pharma sector is on the rise, don’t know what is the matter, only Allah knows better, however now the season of crops is coming ahead. Sowing is expected that this sector will perform and
then in terms of December closing also this sector can give something good, hence now one should take entry in it little by little but after reading the charts we will see that its PE ratio is 873 which is good for the sector. Its PE ratio is slightly more than 678. It closed at 8.75 paise above
its pivot point of ₹ 6.90 paise. The first resistance is at ₹ 1 5.84 paise and The second one is of ₹ 2.93 paise, the first support is of 9981 paise and the second one is of 9087 paise. Talking about technical indicators, RSI is Neutral, Stock Astic is Neutral, MACD is Bullish, CCI is
Overweight, but do not consider it too much. For now, it is about insider transactions. If you do, there is nothing in it at the moment, so let’s move towards its charts. Now if you look at its chart, today it has made its move from here. It is shown that it started from the bottom of the
daily channel and went till here and then closing again, it gave a little below the support of the daily at 875 paise. If we talk about its upward move, then if we look at this indicator of the moving average. The direction of the indicator is currently showing on the up side, the flinger band has
also given the direction of upward while the direction of the lower one is still down, so in this scenario I have shown it here. Since it is close to its all-time high, there is no candle behind it, so I have put these lines in orange color on the basis of Vali by selecting the time frame of Vali,
but at this time the time frame is of Daily only, so the first sell area in this is ₹ You can consider Rs 10, second level of 2189 paise, then 2135 paise, 2145 paise and ultimate selling area of ₹ 1 which is also the high of the year if it is successful in breaking this level. Sustains
above this level with good volume, this line is also destroyed, take it down and gives closing. Tomorrow day above this level, only then it will be successful in going towards major break through. And if we talk about down side then Since there is no candle in the middle, the first stop loss will
be 0551 paise on Vickery basis, then 04 paise on Awali basis, then 025 paise and then 2001 paise. Ultimate Stop Loss you can use Second stock is Ji Ang Corporation closed at 33324 paise with upward move of ₹1 20 paise which is 4 percent in 12 days low of 850 paise and high of 34474 paise talking
about volume If we do this then the volume generated is 3335 376, the low of the year is 28376 paise and the high is 8799 paise and It is not being shown that yes, the closing one has not come, yes, it is the December closing share, because it belongs to the fertilizer sector, there is no
information about it at the moment, only they have given the cash dividend yesterday, they have notified it, okay this. After seeing the middle one also, it gets missed again. No, there is nothing in this too, so let’s look at its details. Its PE ratio is 799, which is a little lower than the
sector PE ratio of 678. It is higher than its pivot point of 3321 paise, closed at 33324 paise. The first resistance is of ₹ 4582 paise and the second is of 33584 paise. The first support is of ₹ 1958 paise and the second is of 0592 paise. Talking about technical indicators, RSI is neutral
stock. The stick is neutral; AD is calling it bullish. Talking about insider transactions, there is nothing in it at the moment. So let’s move towards its charts. Now if you look at its charts, it tested the bottom of the weekly channel on 1st November and then after setting high on 7th
November, Profit taking took place, then after that there was a mixed trend and till today It has shown upside move. If we talk about its moving average with upside move, then the direction of yellow, blue and red is upwards, the direction of the upper one of the banger band is
also downwards and the direction of the lower one is only down side. And now if we look at its charts, from where it has risen, it has broken the resistance of 3209 paise, then it has broken the resistance of 3892 paise and after that it has reached the top of the daily channel. Also tested and
crossed the resistance of 3431 paise but it closed here. Now in this scenario its first selling area is 3537 paise and the second one is at 3537 paise. If anyone wants to do the same in between then you guys can consider 3375 paise. Then There is a monthly registration of 8.92 paise. If it crosses
this then you guys can consider 0.73 paise. I would have put this on daily basis. This line is on daily basis and after that there is a top of daily channel above it with weekly resistance of ₹ 3431 paise and ₹ 431 paise. So it is good to cross this resistance, break the top of daily channel
and sustain above it. With Valm and giving closing only then it is called Major A which is an up side move or in the experts’ terms you can call it a breakout or in the experts’ terms you can call it a break through. If you say take or bull run then only he will go towards it. I hope
you guys are understanding this point that I post CashNews.cos on daily basis. I request you all to like my CashNews.cos for my appreciation and share them with friends. Don’t forget to subscribe the channel and press the bell icon so that every new CashNews.co reaches you on time. Finally,
please include me in your precious prayers, Allah. Hafiz
CashNews, your go-to portal for financial news and insights.