GUJALKALI GUJALKALI showing resistance breakout with decent volume on long term chart. Some traction observed in chemical sector in recent days
GUJALKALI
#Gujalakali BullishON Major Swing Previous Swinglow SL wa taken.
Stock has made consecutive Higher high and Higher Lows.
Currently in Insidebar / Rangebound and ready to give a Breakout.
Maintain SL / RR for a better targets.
GUJALKALI technical analysis for swing tradeDear Traders.
Please refer to chart. where i can see price break out in this stock.
we can see good upside in this stock and see levels of 800, 850+
in short term.
down side levels - below 700
Breakout in Gujarat Alkalies And Chemicals Limited...Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
Gujakali to take long entryLong stock above the BO of resistance level as well as support of 50 EMA level @665 for the target price of 730. SL below the BO candle. This is for your education purpose only.
GUJALKALIGUJALKALI:- Head and shoulder has formed wait for the breakout till then keep your eye on the stock
Hello traders,
As always, simple and neat charts so everyone can understand and not make it too complicated.
rest details mentioned in the chart.
will be posting more such ideas like this. Until that, like share and follow :)
check my other ideas to get to know about all the successful trades based on price action.
Thanks,
Ajay.
keep learning and keep earning.
GUJALKALI - Low Risk high reward tradeA bullish reversal pattern has developed over the past week on GUJALKALI at the demand line. It is clear that the selling volume has been exhausted and the bullish volume is rising. The area where the stock is currently struggling has previously served as a support / resistance zone and has been tested numerous times.
At the current price, we can plan a buy trade that could have a low risk but high reward.
My analysis is solely for study purpose; I am not a Sebi registered individual.
If my analysis proves useful to you, please like it and follow me on Trading View for more analysis like this.
#GUJALKALIOld position:
Can swiftly reach 963
GUJALKALI is shunted and has momentum on lower timeframe
Result:
Now does 969!
GUJALKALI: Breakout soon stockCMP: 910
-Retraced to 61% Fibo level from its recent low in June.
- Sustaining above the same level
- A quick move may come above 930
- The next level to watch is 970
#StockMarket #StockIdeas #StocktoWatch #StockToBuy #positionalGUJARAT ALKALIES
Stock recently give Darvas Box breakout & after testing its recent high now retracing
Buy near 950-955
SL 880
Positional targets 1100/1150/1200
PARTIALLY PROFIT BOOKING STARTS FROM 1000
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Note:
Above levels are for education purposes only
Do your own analysis before taking any trade
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GUJARAT ALKALIES breakout after 4 yearsGujarat Alkalies seen good volume activity and
breakout with volume from cup and handle pattern after 4 years
sustaining above 800 level will move towards 1200---1400 levels in short term
views are educational
YR 2022 Idea #46: Long on GUJALKALIThis is a public swing trade idea and is only for Learning and observational purpose. Please understand your risk and take full responsibility of your actions. I might trail my stoploss after I get an entry but even if my original Stoploss hits, i exit the trade with pre-planned loss (risk). At target, I book usually 75% positions and trail stoploss for rest. Our objective to help anyone who wants to learn technical analysis using charts by demonstrating my real trade entries. You can post your queries in comment section here and we will try to answer them asap.
Target 1 achieved in GUJALKALI. Gain of 18% Target 2 is ON.This is follow-up on Gujarat Alkalies & Chemicals. Can check link to related ideas.
Target 1 achieved. Gain of more than 18%. Target 2 is ON.
Chart is self explanatory. Entry, Targets and Trailing Stop Loss are mentioned on the chart.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
Gujarat Alkalies breakout, pullback and bounce1. Buy or Sell at your own risk
2. Don't risk more than 1%-2% of your capital as stop loss
3. Position Size formula:- Stop Loss Amount/(Buy Price-Initial Stop Loss Price)
4. Sell on initial stop loss hit or close below daily supertrend (for short term traders) or close below weekly supertrend (for long term investors)
5. Some other ways to sell stocks can be
a. 25% or 50% up in three weeks or less
b. Largest weekly price spread
c. Exhaustion gaps
d. Heavy daily volume without further upside
e. Largest one day price drop
after a quarterly sales growth of 65%, quarterly profit growth of 501%, TTM sales growth of 38% and TTM profit growth of 161%, NSE:GUJALKALI gave a high volume breakout on 28th March 2022 after a consolidation since October 2021. It pulled back and after taking a support at previous resistance zone bounced back today. It is a buy with a stop just below Rs.810.
other fundamentals: -
The company is almost debt free.
Stock is trading at 1.17 times its book value.
Company has been maintaining a healthy dividend payout of 20.46%.
Debtor days improved from 60 in 2018 to 43 in 2021.
Debt to equity at 0.11 (less than 1 is good), Interest Coverage at 43.3 (greater than 3 is good).
Gujarat alkalies, strong trend
#gujalkali
Gujarat alkali
Had done good moves on Daily charts.
Seems in strong trend.
Have taken pilot position with SL of 805 on DCB.
#vr
Gujarat Alkalies BreakoutBreakout above 800
added first lot at 775, will add next 50% qtys above 800 ( 1 hour candle close)
Target of 970-1000
Relative Strength is strong and outperforming nifty
RSI is above 60
Gujarat Alkalies And Chemicals LimitedPerfect cup and handle pattern in Gujarat Alkalies And Chemicals Limited. Handle shakeout is completed
GUJALKALI BUY SETUPGUJALKALI BUY SETUP : nice move with good volume, fundamental also improving from last three qtrs.
Triangle breakout in Gujarat AlkaliesIf we see the char in daily timeframe for Gujarat Alkalies, we can see a triangle breakout with rise in volume. The upper trend line in the triangle has been broken. The momentum has been very good from the past 2 candles. If the bulls support the momentum, it can easily give us more than 5% returns in the short term. This breakout might also lead to All Time High. But we can't predict anything.
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