Query Trends : MCF

Query : I bought Mangalore Chemicals and Fertilisers at Rs.52 what is the future of this scrip?
Dhanasekhar K.R.

Thebullishtrends : Mangalore Chemicals and Fert shares closed yesterday at Rs.43. MCF is a part of UB group company. It is one of the good fertiliser company. The government is having intention to continue the present policy for agriculture sector, hence fertiliser sector will continue with the benefits from the Government. The outlook is positive for MCF. It is having good support at Rs.35 level. You can stay with this scrip for decent gains.