Fertilizer
Chambal Fertiliser ready for the uptrend!🤩💸🔥Buy Chambal Fertilisers & Chemicals for Positional Trading as well as Investment💸🔥💸
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Both TECHNICALLY and FUNDAMENTALLY strong stock.💪💪
The company posted the best Q2 result and will very likely post a similarly strong result in Q3 too.
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The stock had been on a long term uptrend. However, on a daily timeframe, it was in consolidation. It had formed a Cup & Handle pattern and recently given its breakout. A strong uptrend is likely to be resumed from the current level.
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💎@technofunda_trader
Few Important rules from my Trading Philosophy:
1. Buy QUALITY stock.
2. Buy RIGHT, Sit TIGHT- Only sell in loss if the fundamentals deteriorate, problems arise in management or any other similar fundamental issues.
3. Don't invest more than 5-10% in any stock & more than 25% in any particular or related sector.
4. Build position GRADUALLY as the stock RISES.
5. Trade in the DIRECTION of the BIGGER trend.
6. RIDE the TREND. Don't sell your WINNERS early.
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LIKE, COMMENT & SHARE 😄😄😄
GSFC: Inverse H&S continuationA breakout of inverse Head & shoulder formation with neckline of 119 has been spotted. The pattern suggests a continuation of the previous HH & HL trend. One can buy the stock on cmp & add on dips with maintaining the SL of 116 and look for the target of 138 (measured tgt ).
KSCL | KAVERI SEED | Ready for UpmoveHello Traders, I am back with another Swing trade for this coming week. Smash that LiKe button NoW!
Kaveri Seed : Breakout & Retest Done on weekly Chart.
Looks good from here to reach 10-15% or even more. let see I am already IN.
recommended SL : below low of weekly candle
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#monthlybreakout #weeklybreakout #multiyearbreakout
Stock Analysis of Deepak FertilizersPrice - 287.50 Dt. - 12.05.2021
The stock still has the capacity of going up 10% from the current level. The stock also witnessed some buying in the last 30 mins of the trading session. Stock may consolidate for 2-3 trading sessions before resuming the up move.
RSI is near overbought zone.
Long Deepak Nitrite @485I took a pilot position at 485 and I will be looking to add at minor corrections or on the way upward (when the price shows more strength)
Technicals: stock quickly recovered from recent COVID-19 crash lows. It held 2019 lows and surged higher very quickly to make new highs
Fundamentals:
This stock shows good sales and profit growth.
3 years of sales growth - 25.3
3 years of profit growth - 40.4
Margins at a record high of 24, although this doesn't look sustainable.
TTM earnings up 251%. lots of headroom for the stock to move up plus with decent earnings growth, this can turn out to be a multibagger.