Also Read: Buy or sell: Vaishali Parekh recommends three stocks to buy today — June 19All these stocks rallied up to 11% on Tuesday, hitting their respective 52-week highs. RCF share price jumped over 11%, while National Fertilisers shares rallied over 9% and Chambal Fertilisers shares surged more than 8%.Here are the technical stocks picks in the fertiliser sector:Chambal Fertilisers & Chemicals | Buy | TP: ₹765In the past, Chambal Fertilizer has doubled within 16-18 months of breaking above the 52-week highs.
The current setup points to a strong uptrend with the formation of a reversal candle and momentum indicators confirming a new high for the stock, Nuvama Equities said.The brokerage has a ‘Buy’ call on Chambal Fertilisers shares and a first target price of ₹580 and second target price of ₹765, implying an upside potential of 75% from Tuesday’s closing price.Also Read: Stocks to buy: KRBL and Ratnaveer Precision Engineering are two technical stock picks by analystsNational Fertilizers stock has been in the consolidation phase for the past few weeks as it held support clusters of ₹110 - 100 zone above the 50 SMA and has absorbed the selling pressure in weak markets. The Multi-frame analysis indicates resumption of the uptrend and hints at a new swing high in the making, said the brokerage firm.It has a ‘Buy’ rating on National Fertilizers shares with a first target at ₹185 and second at ₹255 per share, expecting an upside of 110%.Also Read: Stocks to buy: 8 stocks that may rise 4-16% in the next 3-4 weeks, say analystsRCF share price breakout from the 16-year resistance zone pattern has formed a higher base formation around the ₹140-130 levels zone that reaffirms the change in polarity i.e.
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