Cup & Handle formation in Coromandel International.

We can see a cup&handle formation in the forming in the stock Coromandel International, a fertilizer company. We could Target 1100 as the target and a Stop loss around 900. Coromandel International is an Indian fertilizer company, the demand for the fertilizer may grow as the monsoon has approached India. The monsoon season is the time when most of the country's agriculture is done. So the demand could give rise in the Coromandel's revenue increasing it's profit.

Disclaimer: The ideas provided by me here are solely my view only and not a financial advice. Use your money properly and manage your risk.