Chemical
Jyothy LabJyothy Labs Limited is an Indian Fast-moving Consumer Goods company that was started by M. P. Ramachandran in Thrissur, Kerala, in 1983. It was founded as a proprietary concern, manufacturing and marketing a single fabric care product, Ujala.
Technically it breaks Strong resistance trendline and retested Successfully
Buying at cmp 168
with CLBS 135
Tgt 185 200 220++
Note- Please do not take blindly any trade analyze at your end too, Thank you.
Himadri Speciality - Increased Volume on Daily ChartHimadri Speciality - Increased Volume on Daily Chart, crossed important huddle of 49.9 next huddle 54.5
Entry - above 54.5 (Can enter now to reduce Stop loss also but slightly risky)
Stop loss- 41.5 (Trail Stop 49.9 after 54.5 is crossed and sustained)
Trgt1 - 81
Trgt2 - 114
Duration - 1 year
All numbers are weekly based
Bussiness model : Co manufactures a wide range of carbon materials and chemicals. Its products include coal tar pitch, carbon black, specialty carbon black (SCB) Naphthalene, Advanced carbon material, SNF (Sulphonated Naphthalene Formaldehyde) and specialty oils.
They are planning to expand production of Lithium Titanate Oxide which will be used for electric vehicle Batteries.
It has transformed its portfolio from low value products to high valued products over the years for higher margins.
Mar 2020 and Jun 2020 has been bad Quarters for this Co due to Covid expect this Co has been performing consistently well.
Promoter holds 45.43% slightly below average.
Debt 596 crs can be cleared with 2 years profit, however Company is looking for expansion so Debt clearing won't happen soon.
Co is profitable from last 4 years since sales growing at good speed
Cashflow decent from last 6-7 years
Technically accumulation has happened on monthly charts from last 4 months and stock is ready to breakout from its Cup and Handle pattern
Disc. : Views Shared for Education Purpose only. Consult your Financial Advisor before taking any position.
IOLCP long term (week or month) longIOCPL , showing uptrend and can long it
IOCPL is fundamentally strong stock, taking about ration ROE% = 56 and R/E is 15
Can long this
1. Buy above 200EMA
2. Buy at previous higher low candle or at lower trend line
Also examine the stock your self before investing
Leave comments for suggessions
IOLCP longWatch carefully if Break yellow trendline and sustains above 670 then we can long on IOLCP
Untill n unless just watch
Risky can buy at cmp with Swing low As a SL
Note - please concern with your fianancial advisor befor taking any entry or exit
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RPG Life Science Indicates Upside on Chart and Balance SheetAs Pharma / Chemical sector is in trend, this company is at promising levels on chart and possess good fundamentals.
Buy IOL chemical on dips.As an be seen the issue favorably poised, in a strong upward move. Look for buying on dips for a positional call.
