Technofunda
GALAXYSURF Looks good PositionallyGalaxy Surfactants.
Chart Structure:
- Near Darvas Box Breakout.
- QTL b/o
- Stock took an 11.26% breather after a 53.24% up move.
- From March 2020, Stock moves around (avg.) 50% up after taking an avg. 14% breather.
Relative Strength:
- Stock outperforming index in 1w, 1m, 3m, 6m & 1Y.
- Stock became RS+ on 31st March (as per new ARS)
- Spread chart breakout happening today.
Volume Activity:
- Dry Volumes during the breather.
- Accumulative positive volumes seen in small qty.
- 7 Mutual Funds increased their holdings & 6 Mutual funds decreased their holdings in June. Resulting in Net increase of 5.78 lac shares in holdings of MFs.
- In weekly TF, selling looks exhausted, and buying looks initiated.
Financials:
- Compounded sales growth of Co. (3 years) is 5%
- Compounded Profit growth of Co. (3 years) is 24%
- March results showed a sales jump of 16% but the decline of 7% in Net Profit.
- Upcoming results are scheduled for Sept. 1st week.
Good stock to study & keep an eye upon.
Deepak Fertilizers LongDeepak Fertilizers
FY21 Revenue growth +24%, EBITDA doubled and Net Profit > 4.6x
Profitable growth across all business units with Chemicals 81% of operating profits
Net Debt reduced by Rs 840 crore and Net Debt / EBITDA of 1.91x
Fundamental Industry Dynamics Along With Government Of India Policies And Budgets Drive Future Growth
The recent increase in fixed subsidies shall help neutralize the RM Cost hikes, the farmer affordability, and thus the demand; allowing reasonable margins to continue
Limestone Mining is likely to increase driven by the thrust on the Infrastructure segment announced in India’s Union Budget for FY22
Cement plants are likely to improve their capacity utilizations; large Cement producers have already announced expansion plans
[TECHNO FUNDA PICK]DHANUKA AGRITECH LTDGood Structure observed in Dhanuka
volumes picking up in uptrend and dry up in consolidation
For momentum players
Above 956
add till 810(Fibonacci retracement level)
Weak below 610
Target 1250-1300-1400
For Long Term investing
Buy at CMP
Add on dip
and weak if close below 200 SMA
Very good Fundamentals ::--
Market Cap-- ₹ 4,218 Cr.
Stock P/E-- 20.0
ROCE-- 37.8 %
ROE-- 28.0 %
Company is almost debt free.
Mcap FF (Cr.)-- 1,054.24
Please maintain SL closing basis as this is small cap stock
Risk 1-3% of your capital(so plan position sizing base on this)
My trading view ideas past accuracy around 71%(Please maintain your SL)
philip carbon consolidation trade setupstock after one side upmove
consolidating in range 185 to 210
with current formation
i see 184 area as sl for 230 /250 + targets in short term
Imp Is its above moving averages like 100/200 /20 etc
srtransfin levels & multiple cases i tried to plot possible trades for intraday and positional , importsnt level as per my marked
also possible cases