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Two stock picks by Osho Krishan: Buy NOCIL, Chambal Fertilisers

NOCIL has been trading in a symmetrical triangle pattern on the daily time frame

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Osho Krishan Mumbai
BUY NOCIL | TARGET: Rs 226 | STOP LOSS: Rs 199

NOCIL has been trading in a symmetrical triangle pattern on the daily time frame. Currently, it is placed above all its major exponential moving averages on the daily time frame, suggesting inherent strength in the counter. Even on the oscillator front, 14 period RSI has witnessed positive crossover and is all set to surge northwards, wherein any breakout from the mentioned pattern could result in a huge splurge in the counter in near future.

BUY CHAMBAL FERTILIZERS | TARGET: Rs 328 | STOP LOSS: Rs 282

The stock has