CHAMBLFERT 1H Chart Analysis

Wait 5 sec.

CHAMBLFERT 1H Chart AnalysisCHAMBAL FERTILIZERS LTDNSE:CHAMBLFERTpassionate_trader07πŸ“‰ CHAMBLFERT 1H Chart Analysis – Potential Breakdown Ahead πŸ“… Date: 7th June 2025 πŸ“Š Current Trend: Bearish continuation forming βΈ» πŸ” Key Observations: β€’πŸ“Œ Price: β‚Ή539.90 β€’πŸ”» Recent Drop: -2.27% today β€’πŸŸ© 1H FVG (Fair Value Gap): Indicates minor supply; price struggling to reclaim β€’πŸŸ₯ 30M FVG Above: Larger supply zone near β‚Ή569.55, likely to act as strong resistance πŸ“‰ Bias: Market structure shows weakness. If the price fails to reclaim the 1H FVG, further downside is likely. πŸ”½ Next potential targets: β‚Ή525 β†’ β‚Ή510 πŸ“ˆ Upside Possibility? Only if price reclaims β‚Ή550+ and sustains above the 30M FVG zone, else sellers likely remain in control. 🧠 Strategy: Consider short on retest of 1H FVG with SL above β‚Ή550 Targeting downside levels as per risk-reward plan πŸ“Œ Disclaimer: This is a personal analysis, not financial advice. Do your own research before trading.