RCF seems fundamentally strong - again its in chemical sector.
Also presently showing a good consolidation.
High potential to give a strong breakout and continue in that direction.
Keeping an SL below 67 Rs, I have started to build my portfolio in this stock. I have already bought about 40% of my fund allocated for this stock. Currently my buy avg is 82. Will...
Rounding Bottom is getting completed. GNFC posted a spectacular set of results, outnumbering itself and all chemical players in the industry.
500 has been a resistance since Oct 2017, and All time high of 550 is within reach with the positive momentum.
Extremely bullish - Buy at CMP, for Target 1 @ 500, Target 2 @ 550 and rest new territory new rules. Stop loss at...
This is just for educational purpose and no buy or sell recommended.
Chart is self explanatory and if it shows a good green breakout candle then consider this for long positions
💎@technofunda_trader
Few Important rules from my Trading Philosophy:
1. Don't compromise on the quality of stock.
2. Buy right, Sit tight- Only sell in loss if the fundamentals deteriorate, problems arise in management or any other similar issues.
3. Don't invest more than 5-10% in any stock & more than 25% in any particular or related sector. If stock is risky...
Buy Meghmani Finechem for Positional Trading as well as Investment.💸🔥💸
Comment your views‼️😄
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💡About Company:
Meghmani Finechem Ltd. is primarily engaged in manufacturing and selling of Chlor Alkali & its Derivatives with backward and forward integration facilities and also engaged in trading of Agrochemical products.
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💡Products:
It is the 4th largest...
Both TECHNICALLY and FUNDAMENTALLY strong stock.💪💪
The company recently posted the best Quarterly result and will very likely post similar results in Q3 too.
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The stock has been forming a Rounding Bottom for some weeks. Now, with the W pattern Reversal with Huge Volume, this bottom formation seems to come to an end & we can expect a strong rally from this...
Buy Gujarat Alkalies & Chemicals for Positional Trading as well as Investment💸🔥💸
Comment your views!!!🧐🤔🧐
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💡ABOUT COMPANY:
Gujarat Alkalies and Chemicals Ltd is a multi-product chemical manufacturing company and is one of the leading manufacturers of Caustic Soda Lye.
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💡Product Offerings & Revenue Mix FY21:
Caustic Soda Lye: 21%
Caustic Soda Flakes: 11%
Hydrogen...
#GHCL
Looks good on Daily charts.
Taking entry with 50% qty at CMP, will add remaining 50 at Breakout retest.
Keeping SL of 353 on DCB
Forming flag pole on weekly charts
#vr
Lime chemicals
BSE:LIMECHM
Cmp - 25
Stop - Nil, Add more on relevant dips
Expectation -
T1 -40
T2 - Open, Review at 40
Expected Holding Period - 3 months or earlier for T1
Technicals - ✅, right
Fundamentals - ✅, will follow price
View:- Swing/Investment
Disclaimer:-
Ideas being shared only for educational purpose
Please do your own research or consult your...
ROSSARI BIOTECH looks good on the charts. About to hit a long term trend which has been a very strong suuport for the stock earlier. Fundamentally, the stock is pretty good and is making it's highest ever profits. With an ROCE=28% AND ROE=23%, it certainly is one of the best among it's peers. Good growth as well. I don't see any reason why it should not regain...
Technical alert from my screener.
Company is at good valuation and posted a good Q2 result.
Price action around 200EMA suggesting a potential upmove.
EV/EBITDA - 6.7
PE ~ 13 and PB ~ 2
Rubber futures are also on an uptrend which can turn to more bottom line growth for the company
Very good structure
Good volume in uptrend and volumes drying up during downtrend/ consolidation
Buy at CMP or wait for candle close
Support near 635-600
weak below 600
Market Cap-- ₹ 2,361 Cr
Stock P/E-- 12.5
ROCE-- 11.5 %
ROE-- 13.9 %
Free float only-- 37%
#pondyoxides
Pondy oxides
Attached daily and weekly charts.
On weekly it is approaching it's resistance area
If it closes above 480 on weekly basis LONG term position can be taken.!!!
Keep SL of 390 on weekly closing for long term position...
Target is better to trail but 715 is quite achievable.!!
For short term trades daily charts have shown VCP
long can...
