BuyBuy in dip at 675-660 with Sl of 615 Target 860 by 15th Dec 2023.
Disc : It's not an investment advise to buy or sell
DEEPAKFERT trade ideas
DEEPAKFERTDEEPAKFERT :- The stock has given a breakout after complete consolidation
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.
DEEPAK FERTILISERSCrossed multiple resistances today if closes bullish then next resistance at 750 levels
DEEPAKFERT | Swing Trade📊 Details
Incorporated in 1979, Deepak Fertilisers and Petrochemicals Corporation Ltd is in the business of fertlisers, agri services, bulk chemicals, mining chemicals and real estate
Disclaimer: This analysis is solely for educational purposes and does not make me a SEBI registered analyst.
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Switch on the Geyser. Time to Shower with Deepak FertilizerPE Ratio is 8 while Sector PE ratio of 53
- Company has delivered good profit growth of 49.7% CAGR over last 5 years
- Annual Revenue rose 47.7%, in the last year to Rs 11,384.7 Crores. Its sector's average revenue growth for the last fiscal year was 17.2%.
- Annual Net Profit rose 78.4% in the last year to Rs 1,210.1 Crores. Its sector's average net profit growth for the last fiscal year was 5.9%
- Mutual Fund Holding increased by 0% in the last quarter to 1.4.
- Return on Equity for the last financial year was 23.9%.
Negative:
- Quarterly Net profit fell 74.6% YoY to Rs 110 Crores. Its sector's average net profit growth YoY for the quarter was -45.1%.
- Promoter Pledges rose 7.5% QoQ taking the total promoter holding pledge % to 22.6%.
Deepak Fertilizers and Petrochemicals Corporation Ltd is a manufacturer of fertilizers and industrial chemicals with products in industrial chemicals, bulk and specialty fertilizers, farming diagnostics and solutions, technical ammonium nitrate and value added real estate, which includes India’s 1st & largest concept retail destination for Home Interiors & Design. Company is also investing in cloud computing, process automation, mobile apps, unified communication, and collaboration tools.
New Products in FY22
a) Company launched Crop Nutrient Solution brand Croptek with 3 crop specific grades Croptek Onion, Croptek Sugarcane, Croptek Cotton, and also launched Crop Specific and stage specific brand Solutek for fertigation
b) Company's IC business unit launched 8 different products for disinfection solutions in the hospital segment
Operational Highlights - Q4FY23
a) Acid business achieved a capacity utilization of 89% while the IPA business reached 98%. CNB Bulk (NP + NPK) had a capacity utilization of 55%
b) Company developed a technology to manufacture Pure DIPE from crude DIPE first time in India and has completed the commercial trial successfully
c) Steel grade Nitric acid for steel pickling application has completed its multi-stage commercial trials successfully and will soon be launched commercially
Capex - FY23:
a) Ammonia:
It has a capacity of 128,700 MTPA and company plans to increase it to 628,700 MTPA. For that, it has planned an Investment of Rs. 4,350 Cr. Company, through its stepdown subsidiary Performance Chemiserve Ltd, is setting up an ammonia manufacturing facility of 1,500 MTPD at Taloja
b) TAN:
Technical Ammonium Nitrate has a capacity of 486,900 MTPA which is planned to increase to 862,900 MTPA by H2 FY26 with an Investment of Rs. 2,201 Cr
Deepak Fertilizers Swing TradeWeekly Timeframe is bullish
Daily Timeframe has tested it's structure
4HR Timeframe has shifted it's structure to the upside
Also stock has come out of half year range
Buy Deepak fertilizer for 60% profitDeepak fertilizer is making a rounding bottom, and will be a great buy for a target of 1050
it may take 6 month for the target to reach
Deepak Fertilizers , Long TradeNSE:DEEPAKFERT
Good opportunity available at Deepak Fertilizer.
Buy above: 575++
Stop Loss: Below 505
Targets: 640/720/825/940/1050
Reasons to buy:
There was strong support between 510 and 550, tested repeatedly.
The 100-day moving average offers strong support above 575+.
Reasonable Risk to Reward Ratio.
Disclaimer:
Please note that this is a general idea and any trading should be done at your own risk.
Swing Trade Deepak Frtlsrs and Ptrchmcls Corp LtdAs per Technical Analysis and Fibonacci Retracement Deepak Frtlsrs and Ptrchmcls Corp Ltd Looks Bullish. this stock will take support near 585-80 level and if its break then next support is 560.
Considering this will take entry Near 580 level Stop Loss 555, Target 630,650,680 Time Frame 90 Days.
Only For Educational Purpose.
Symmetrical Triangle Breakout.Deepak Fertilizer gives symmetrical triangle breakout with high volumes. stock have potential to give 18%-20% return in short term. aggressive trader can enter now and if someone want double confirmation then wait for closing above 621. Stop Loss = 580 1st Target = 656 2nd Target = 720. NSE:DEEPAKFERT
Deepak Fertilizer: Short term trading ideaEverything is mentioned in chart
For a medium to longer term horizon
Deepak Fertilizer: Forming triple bottom on weekly time frameDeepak Fertilizer is offering low risk setup. Keep on radar. Seems stock has formed triple bottom pattern on weekly time frame.
Deepak Fertilizer: Plain simple chart analysisDeepak Fertilizers
One may look to accumulate the stock at cmp and on dips towards 485 from Medium to Long term perspective.
Momentum may come once it crosses above 580 odd levels.
Take care & safe trading..!!!
Disclaimer
-The view expressed here is my personal view
- Past performance is not a guarantee for future predictions
- I have been wrong in the past and can be wrong again in future too
- Use this for educational purpose
- Any decision you take, you need to take responsibility for the same
- It's your hard earned money. Treat it wisely
- Trade / Invest keeping in mind your trading style, goals and objectives, time horizon & risk tolerance
- if trading in F&O, understand that F&O trading involves risk
- Do take proper risk management measures
- Do your own analysis and consult your financial adviser if need be
DEEPAKFETILE wait for signal 554 demand zone
last support
518..to 411 buying zone...
492 level perfect
492 buying level..if break 554554 demand zone
last support
518..to 411 buying zone...
492 level perfect
DEEPAKFERT- Weekly AnalysisIn the Weekly Chart of DEEPAKFERT,
we can see that, it has given Trendline Breakout.
Also it has retested .
Expected momentum is shown in chart.
Breakout in DEEPAKFERTSee the chart you will find good price action for up move in DEEPAKFERT
#SwingTrading
#Breakout
#PriceAction
Disclaimer: This video is for educational purposes and not a recommendation. Analysis Posted here is just our view/personal study method on the stock. Do your own analysis or consult your financial advisor before making any investment decision.
DEEPAKFERT GAINING MOMENTUMDeepak fertilizer start gaining momentum but still below 200ema so add small quantities
Deepak FertilisersGraham number: 1094.98
Debt to Equity: 0.73
P/E: 4.54
Industry P/E: 15.48
P/E is in FairValue Zone
Current Ratio: 1.28
Profitable
Continuously giving divident
Warning: Only for education purpose. Investments in stock market is subjected to market risk do own researches before investing.
DEEPAK LOOKS GOODDeepak fertilisers breaking out a parallel channel and horizontal resistance too so we can consider to go long in this stock for the target of 611 and 641 with taking a stop loss of below 565 a daily candle close which is looking a good support now. Idea will not valid if it will not give a close above 575 above resistance.
NOTE- Only for Education Purpose.
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DEEPAKFERT ShortTerm and LongTermFor Educational Purpose..
#DEEPAKFERT IS READY TO BUY LONG
Long Above - 610-620
SL - 550
Target - 650, 675, 700, 725...825
Thank you
DEEPAK FERTILISERSThe chart is self-explanatory.
upside potential > 50%
TREND ANALYSIS + VOLUME ANALYSIS + ADVANCE CONFIRMATIONS
Disclaimer: This is for educational purposes only. This is not buying or selling recommendations. I am not SEBI registered.
