Jagannadham Thununguntla of SMC Global Securities told CNBC-TV18, "In short-term there will be a small short-term bounce in Chambal Fertilisers and Chemicals towards Rs 45 and around that time one can consider selling the stock."
On January 23, 2014 Chambal Fertilisers and Chemicals ended at Rs 39.65, down Rs 1.05, or 2.58 percent.
The share touched its 52-week high Rs 71.30 and 52-week low Rs 30.60 on 22 January, 2013 and 28 August, 2013, respectively.
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Sell Chambal Fertiliser at around Rs 45: Thununguntla
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