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LXCHEM

LXCHEM - HOPEFULLY THIS TIME IT GIVES BREAKOUTHello, Everyone. I hope you all will be doing well in your life and investing. Today I brought another stock with an investment idea that had been consolidated for a long time. Now it looks like that stock is ready to break out. CMP is 275, and 244 and 230 are strong support. Upside 281 and 310 are strong resistance. If it breaks, then no stop after that. Targets are as per Fibbo. Lets see… It's just an assumption. Please do your research. Not a suggestion of buying. I’m posting just to keep my track record. Which can boost my confidence in the future. Source: Screener.in Laxmi Organic Industries Ltd About Laxmi Organic Industries Limited was established in 1989 and is in the business of specialty chemicals. The Company primarily manufactures Ethyl Acetate, Acetic Acid and Diketene Derivative Products (DDP). DDP is a specialty chemical group, the technology and business of which has been acquired by the company from Clariant Chemicals India Limited. The company’s business operations are carried in over 30 countries including 11 offices located in India Key Points Leadership Top supplier in India and amongst top 3 players globally (ex. China) in Essentials and among top 5 globally in Specialties. Product Portfolio Company offers a product portfolio, including Acetyl Intermediates, Specialty Intermediates, and soon-to-be-launched Fluorine Intermediates. It serves various industries, including Pharmaceuticals, Agrochemicals, Inks and Paints, Coatings, Printing, Packaging, Adhesives, Dyes and Pigments, Flavour and Fragrance, etc. The company has 50+ products in its portfolio. Revenue Split FY24 Essential - 35% Specialty - 67% User Industries Essentials - Pharmaceuticals, Agrochemicals, Inks & Paints, Coatings, Printings Packaging Adhesives, Fragrance & Flavour Specialties - Pharmaceuticals, Agrochemicals, Dyes & Pigments, Fragrance & Flavour, Electronics, Thermal Fluids, Paints & Coating, Flame Redundant Geographical Split FY24 India - 70% Export - 30% The Company has presence in 52+ countries with operations in Europe, China, and others reaching 620+ customers through exports in FY24. Export Split FY24 Europe - 32% Rest of Asia Pacific - 19% Africa - 8% America - 26% Middle East - 14% Industry wise split FY24 Pharma - 43% Printing & packaging - 30% Agro - 11% Colour & Pigment - 15% Manufacturing Facilities The company has 4 Manufacturing facilities, for the Acetyl Intermediates (AI), Speciality Intermediates (SI), and Fluorospeciality Intermediates (FI) businesses and 2 Distilleries for manufacturing ethanol, located in Satara and Kolhapur, Maharashtra. The Company's AI capacity exceeds 2,32,000 MTPA. 1 Mahad has 2 plants with Product Mix of Essentials – 60%, Specialties – 40%. 2 Dahej - As of FY24, the land is only 20% occupied. Proposed product mix is Specialties (65%), Essentials (35%). Production will commence in Q1FY25. 3 Lote - As of FY24, the land is only 50% occupied. It only produces Specialties (100%) The company also has third party storage tank agreements in Italy, Belgium and Netherlands. The company has offices in China, Netherlands and Italy.` Capex The company is planning to invest ~Rs. 550 crs. in Lote facility and Rs. 710 crs. in Dahej facility. Bhoomi Pujan done at Dahej site in May,24. Merger The company has proposed to merge its WOS Yellowstone Fine Chemicals Private Limited. YFCPL has been engaged in the business of manufacturing of fluoro specialty products and other chemical products. This is just to boost my confidence. No Suggestions for buying. Disclosure: I am not SEBI registered. The information provided here is for educational purposes only. I will not be responsible for any of your profit/loss with these suggestions. Consult your financial advisor before making any decisions.
NSE:LXCHEMLong
by Alleyshah
LXCHEM - Rounding Bottom Formation🔊 LXCHEM - Rounding Bottom Formation LXCHEM - Laxmi Organic Industries Ltd ⌛Duration - Short Term (4 month to 8 month) 📊📈 Trade Logic - Rounding Bottom Formation CMP - ₹297.80 Time Frame - Weekly 🎯Target 1 : ₹380 🎯Target 2 : ₹425 🎯Target 3 : ₹470 🎯Target 4 : ₹540 🛑 Stop : ₹245 🏆 Risk/Reward Ratio (1: 4.5) Disclaimer: The stock information shared above is not a recommendation to buy, sell, or hold. It reflects my own analysis and is intended solely for educational purposes. Any actions you take based on this information are your responsibility, and the admin of this channel is not liable for any financial gains or losses. Please consult a financial advisor before making any investment decisions. I am not a SEBI-registered advisor.
NSE:LXCHEMLong
by Profit_Trader25
2
Breakout Alert! Laxmi Organic Industries Ltd Hello, traders! I’m excited to share my latest analysis of Laxmi Organic Industries Ltd. This stock is currently showing some intriguing patterns that could signal a major move. Let's dive into the details together! 🧩 Multiple Pattern Breakout 🧩 Laxmi Organic Industries Ltd. has been consolidating after a significant downtrend, forming several classic chart patterns during this phase: Triple Bottom Pattern : This bullish reversal pattern indicates that the stock has found a strong support level and is ready to move higher. The triple bottom often forms the lower boundary of a rectangle pattern. Rectangle Pattern : This continuation pattern shows that the stock has been trading within a defined range, waiting for a breakout. Descending Triangle Pattern : This bearish pattern has been invalidated, as the stock broke out to the upside with strong volumes. 💡 Key Breakout Levels 💡 Yesterday, Laxmi Organic Industries Ltd. broke out of the descending triangle pattern with good volume. Today, it has breached Triple Bottom Pattern neckline and critical zone that has acted as both support and resistance multiple times in the past. 📊 Strong Financial Performance 📊 Laxmi Organic Industries Ltd. also boasts solid financials, adding to its appeal: Net Profit Growth : There is a notable growth in net profit with increasing profit margin (QoQ). Revenue Growth : The company has shown increasing revenue every quarter for the past two quarters. Profit Growth : Profits have been increasing every quarter for the past two quarters. Institutional Confidence : FII/FPI or institutions have been increasing their shareholding in past quarter. 🚀 Trade Setup We can plan a buy trade if today's high is broken. For a safer entry, wait for tomorrow’s 1-hour candle to close above today's high before entering the trade. Here's how to manage your trade: Stop Loss (SL) : Place your SL below today’s low with a buffer. Target : Aim for at least a 1:3 risk-to-reward ratio. You can also set targets based on the patterns. This analysis is for educational purposes only and is not intended as a trading or investment recommendation, as I am not a SEBI registered Analyst. 📝 Final Thoughts Trading is a journey filled with learning and growth. Remember, patience and discipline are key to success in the markets. 📊 Lastly, thank you for your support, your likes & comments. Feel free to ask if you have questions.
NSE:LXCHEMLong
by AfnanTAjuddin
1
LXCHEM - Bullish Consolidation with VolumesNSE: LXCHEM is closing with a bullish consolidation candle supported with volumes. Today's volumes and candlestick formation indicates strong demand and stock should move to previous swing highs in the coming days. The stock has been moving along the horizontal support for the past few days which is indicating demand. One can look for a 8% to 11% gain on deployed capital in this swing trade. The view is to be discarded in the event of the stock breaking previous swing low. #NSEindia #Trading #StockMarketindia #Tradingview #SwingTrade
NSE:LXCHEMLong
by BrahmaBull31
LXCHEM Daily looking bullishLXCHEM daily has trendline breakout with 200 ema support on daily candle. Good to buy at 299 for target of 387 with sl below 264 ******************************* This is purely for training and educational purposes. We shall not be responsible for your profit or loss. The stocks discussed or recommended here, may not be suitable for all investors. Investors must make their own investment decisions based on their specific investment objectives and financial position.
NSE:LXCHEMLong
by pranjalitigade
Is LXCHEM Headed for a Dip? Don't Panic, Stay calm.📈🔮 Limited Volume Alert: LXCHEM stock shows promising signs! 🚀 Expecting a Spike Soon! 📊💹 📉 Fake Symmetrical Triangle Breakdown? 🧐 Potential Reversal on the Horizon! 📈🔄 📉 Is LXCHEM Headed for a Dip? 📉 Don't Panic, Long-Term Investors Stay Calm! 💼💪 📊📉 Technical Analysis: LXCHEM's Chart Indicates Interesting Developments! 📈💹 🚀 Long-Term Investment Perspective: LXCHEM's Growth Potential 🌱💼 #LXCHEM #StockMarket #InvestmentOpportunity #TechnicalAnalysis #FinancialAdvisor 🛑 Disclaimer: The chart and analysis are for study purposes only. Kindly consult your financial advisor before making any investment decisions. 🛑
NSE:LXCHEMLong
by harshnisar45
LXCHEMLXCHEM:- Wait for the breakout of the stock, if there is a breakout then we can see upside movement. 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.
NSE:LXCHEMLong
by AjayDhakad_Keep_it_simple
LXCHEMNote: 1. Views are personal and for educational purposes only. Recheck and take the trade as per your RR. 2. Always remember SL is your lifeline, not the big target... 3. Follow us for more patterns and like, share so that we feel it is helpful to many and share more patterns... 3. Views given here is not a tip rather it is for educational purpose... Aftermarket opens, the condition might change so learn to handle different conditions... 4. To learn more about patterns, Psychology behind the trade, and price action trading... contact us... Thanks... Keep an eye ladies and gentlemen. Cheers and Happy Tradin
NSE:LXCHEMLong
by SENSITRADE_T
LXCHEM (Laxmi Organic Ind) for Swing TradeSeems like Lxchem is making a triangle pattern & Was at Support Trendline we will enter with confirmation above 550 level by keeping 595 as 1st TGT & 625 As 2nd TGT. Sl if the candle closes below 528 level and it's low Break. *Always Enter With good confirmation & Maintain proper Risk Reward. **********Educational/information purpose only ********** >> Visit My Ideas Page for Daily Stock Analysis, Follow for Live Updates. <<
NSE:LXCHEMLong
by Ravitejasreevatsav
LXCHEMNote: 1. Views are personal and for educational purposes only. Recheck and take the trade as per your RR. 2. Always remember SL is your lifeline, not the big target... 3.Follow us for more patterns and like, share so that we feel it is helpful to many and share more patterns... 3. Views given here is not a tip rather it is for educational purpose... Aftermarket opens, the condition might change so learn to handle different conditions... 4. To learn more about patterns, Psychology behind the trade, and price action trading... contact us... Thanks... Keep an eye ladies and gentlemen. Cheers and Happy Trading
NSE:LXCHEMLong
by SENSITRADE_T