BSE
Galaxy Surfactants Ltd - Technical and Fundamental AnalysisGalaxy Surfactants Ltd is a leading manufacturer of Performance Surfactants and Specialty Care products with over 205 product grades. These products are used in consumer-centric Home and Personal care products like hair care, oral care, skin care, cosmetics, soap, shampoo, lotion, detergent, cleaning products, etc. Preferred suppliers to leading MNC’s, Regional and Local FMCG brands.
The company is India’s Largest Manufacturer of Oleo chemical-based Surfactants and Specialty Care Products for Home Care and Personal Care Industries #
Multiple Manufacturing plants:
The Company has 7 Strategically Located Facilities with In-house Project Execution Capabilities 5 in India, 1 in Egypt and 1 in the US.
Clients
The Company located in Navi Mumbai and Serving 1,750+ Clients Presence across 80+ countries and having 1,550+ Employees across all facilities. Company’s major clients are Unilever, Reckitt Benckiser, P&G, L’OREAL, Himalaya, Colgate Palmolive, etc. About 65% of the volumes come from the International market. Revenue Contribution by MNC Customers stands at 55%, Regional Players 11%, and Local & Niche Player 34%.
Patents
Since 2000, a total of 65 patents have been granted to Galaxy with 20 under the application. 78 indigenous Intellectual Properties have been Approved and 13 have been applied. In FY 2019-20, a total of 11 patents were granted to Galaxy.
The company is in midcap range with market cap of Rs. 11,123 Cr., current P/E is 39. Topline and bottomline both are promising and company is consistently reducing it's debts on year on year basis. ROCE - 24% & ROE 24%. Fundamentally the company is very strong.
On the technical side, stock is looking very strong on daily and weekly charts, long term chart is in uptrend. You can see huge volume at bottom on regular intervals, this indicates that still a lot of up move is left for this stock.
BUY at CMP i.e. 3132
Target - 6200 (double)
SHORT SIDE HINDUNILVRHello guys i had find this setup for swing in 4h timeframe it broken the trendline and made a buildup and can happen a good down move and we can take this opportunity by putting sl at above buildup area and target at lower channel and also do your own research before taking any position .if you like my analysis please like share and follow thank you
BUYING SIDE VBLHello guys i had find this trade and done some analysis which is in uptrend and made a inverted head and shoulder pattern in 4h timeframe and broken and coming for retest we can get some god buying opportunity with swing low sl and upper channel target if you like my analysis please do like share and follow for more analysis and also do your own analysis before opening any position and always use Risk management Thank you
UBL ON BUYING SIDEHello guys i had find this setup in 4h timeframe which is in uptrend and channel broken and coming for retest we can have a good buying opportunity in this trade with swing low sl and upper channel target and also guys i had told in my many chart analysis that before taking any position on my chart do your own analysis and also always trade with risk management never take risk more than 1% of your capital thank you if you feel i had added some value in your trading journey do like share and follow me for more analysis thank you
SHORT SWING TRADE IN INDIGOHello guys i had find this setup which is in sideways trend and had given a good selling opportunity in 4h timeframe lit is a swing trade with good RR ratio you can go for sell when it break trendline and also i had done some fundamental analysis on it that i had give the bad quarter result and i request you all do your own analysis before taking any position in market. if you guys like my analysis plzz like share and follow thank you
1D CHART NSE:LTIDouble top pattern is formed and lets see if price action works or not
good stock for swing trading