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GOLD : YELLOW PRECIOUS METAL : DOING EXPANDED FLAT CORRECTIONLong ago a surge in GOLD price rally stopped in the year 2011 & the point has been designated as a primary wave-5 by all the elliottician. From that level we have seen a correction upto the level of 1045 $. A nice corrective move.Right from that level GOLD price raised up & currently trading in a all time new highs range. But this rally from the lows 1045$ is looking more corrective than an impulse. As per the current price structure we can assume that GOLD price is forming an EXPANDED FLAT CORRECTIVE pattern. And currently we are in the last phase of WAVE-B (circle). The wave-B (circle) is unfolding in a 3 wave corrective structure as w-x-y pattern. We are in the last phase wave-y which often takes place as an impulse rally which is discussed in the short term view over GOLD. The link is attached to this idea for the short term view.
TVC:GOLDShort
by TradingSutra
Zuari Price ActionAs of July 24, 2025, Zuari Agro Chemicals Ltd is trading around ₹215 to ₹218 per share. The stock has shown a recent slight decline of about 1.27% on that day. Its market capitalization is approximately ₹900 crore, placing it among the mid-sized chemical and fertilizer companies. The 52-week price range for Zuari Agro Chemicals is between ₹169 and ₹268, reflecting moderate volatility over the past year. The stock is trading closer to the lower-middle part of this range, about 18–20% below its 52-week high. Fundamentally, the company demonstrates reasonable valuation metrics, with a price-to-earnings (P/E) ratio near 5.5, which is quite attractive compared to the sector average, and a price-to-book (P/B) ratio below 0.5, indicating it is trading at a significant discount to book value. Recent earnings per share show solid growth, contributing to strong profitability metrics. Operationally, Zuari Agro Chemicals continues to build stable revenues within the fertilizers segment, benefitting from sectoral demand and government policies supporting agriculture inputs. The company maintains average financial strength with ongoing measures to reduce debt and improve operational efficiency. On the technical front, the stock has experienced some consolidation after modest gains over recent months but remains vulnerable to market sentiment shifts in the commodity and fertilizer sectors. Overall, Zuari Agro Chemicals offers a fair valuation entry for investors seeking exposure to the fertilizer industry with moderate risk. The current price implies value relative to its historical range, supported by steady earnings, though the stock price is subject to volatility driven by agricultural commodity cycles and sector-specific factors.
NSE:ZUARILong
by KamalKJoshi
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