Deepak FetilizersBO at 667.50 wait for 667.50 for fresh entry and chart saying bearish post 667.50.please find my view and before investing please do your own analysis this is for educational purpose only
DEEPAKFERT trade ideas
Deepak Fertilizer ready for CultivateDeepak fertilizers seems strong closing impulse move breakout may happen concentrate if price sustain above 710 in daily
deepak fert. is a buythis stock consolidated for a log time now we can see some quick momentum on upside .
with a SL of 640 we can ride the uptrend for a target of 850
Deepak Fertilizers : Short Term Trading Idea (Long)Deepak Fertilizers has got a B/O on Hourly TM with a large potential upside.
Deepak Fertilisers And Petrochemicals Corporation LimitedABOUT
Deepak Fertilisers And Petrochemicals Corporation Limited (DFPCL) is one of the largest manufacturers of chemicals in India. It manufactures Technical Ammonium Nitrate (mining chemicals), Industrial Chemicals and Crop Nutrition. The products of the company have uses in Explosives, Mining, Infrastructure and Healthcare. The company was set up in 1979
Deepak Fertilizers taking big strides1. Looks set for a first price target of 749 being the 1.618 fib level from last high (600 SL)...
2. Price target 2 is 915 which is the depth of the cup...Price has also been moving in an ascending channel... be alert if price falls out of the channel as it could go sideways (so one can make that a stop loss)...
3. one can also see the price movement in another way where the price has crossed the previous high and is above the 30 week moving average which makes it a stage 2 stock evolving into stage 3 and can remain invested for a longer time frame as well (484 SL)
Q4 results were strong. With prices of key raw materials reaching to the moon, the company still performed impressively both YoY and QoQ especially in TAN and Nitric Acid. It is also expanding in a very big way in Ammonia production which may come into production in another 18-24 months. A long term investor must keep an eye on the debt financing costs as the interest cycle turns. Also if there are any CCPS/NCD issued which would dilute shareholding, the impact of the same is not studied while publishing this idea.
TARGET 1 Achieved in Deepak Fert 40% profitDeepak Fertiliser after forming C&H breakout above levels marked on the chart with great volumes. Post this breakout target 1 is now achieved.
Kindly check previous Deepak Fertiliser idea posted with all details.
Levels are explained in charts
Disclaimer: This study is for educational purpose only & is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
DEEPAKFERT - Major Breakout ExpectedChart is self explanatory. Drawn in Log-Scale. Looking good for swing trade with a good risk reward ratio
DEEPAK FERTILISERS All detail for chat. good entry at mark price only. and must stoploss is 540 minimum risk and good profit. risk ratio 1:1 in first target. This is not call my idea only. Please understand your risk and take full responsibility of your actions
Deepak Fertilizers on BullishSymmetrical Triangle Breakout retest wasn't done so risky to enter. Target is based on pattern and Stoploss is below the breakout candle.
DISCLAIMER:
I am not a SEBI registered person this is not an investment tips it's just for an educational purpose. So don't take any trade blindly based on this analysis discuss with your financial advisor before taking any trade. I am not responsible for your profit or loss.
DEEPAKFERT All detail for chat. good entry at 650 around price. and must stoploss is 540 minimum risk and good profit. risk ratio 1:1 in first target. This is not call my idea only. Please understand your risk and take full responsibility of your actions
Cup and Handle breakout in DeepakfertIn a daily chart there is already cup and handle breakout on 13 jan 2022 at 480 and target was 920 after the breakout Stock was going in a sideways and formed symmetric triangle pattern. So Recently there is a breakout in symmetric triangle supporting uptrend. After the breakout it achieved 2 target(Previous Swing High) and on 13th April is broke its all time high 660 and formed new high 676 which is again supporting symmetric triangle breakout target 761. In future it may reach its Cup and handle pattern target 920. From the breakout (@480) it already achieved 44.5% Price target. Enter from here should be very cautious. Based on your risk capacity and own analysis invest in this stock and Very important its purely technical call not a fundamental call because company is having 92.8% pledge, however FII share holding increased and company is showing better performance in last quarter. So consider fundamentals also for this stock.
Reiterating Buy Call on Deepak Fertilizer🤩💸🔥Buy Deepak Fertilizers & Petrochemicals Corp. for Positional Trading as well as Investment.💸🔥💸
Comment your views‼️😄
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💡Market Position:
1) 2nd largest manufacturer of Nitric Acid in South East Asia & the largest in India.
2) Leading manufacturer and marketer of Isopropyl Alcohol ( IPA )(market share of 65% in FY 2019-20.) The only producer & merchant of IPA in India.
3) Only manufacturer of NP prill 24:24:0 fertiliser & TAN solids in India.
4) Largest manufacturer of Bentonite Sulphur in India.
5) Market leader in speciality and water-soluble fertilisers in India.
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✔️ Technically & Fundamentally Strong💪💪
The company recently posted an Amazing Q3 Result.
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💎@technofunda_trader
Few Important rules from my Trading Philosophy:
1. Don't compromise on the quality of stock.
2. Buy right, Sit tight- Only sell in loss if the fundamentals deteriorate, problems arise in management or any other similar issues.
3. Don't invest more than 5-10% in any stock & more than 25% in any particular or related sector. If stock is risky don't invest more than 2-3%.
4. Build position gradually as the stock rises.
5. Trade in the direction of the bigger trend.
6. Ride the trend, don't sell your winners early.
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Like, Comment & Share 😄😄😄
looking awesome, is not it??? Keep riding!Not SEBI registered. Charts produced are for personal reference only and not any recommendations.
deepakfert 25%on day chart ,high potential breakout , chance to move upside.
note - only for educational purpose.
Deepak Fert Ichimoku Bullish Breakout Stock Name - Deepak Fertilizer. As per the ichimoiku rule, today's close is above the Conversion Line and future kumo
is super bullish and chikou span is slanting upwards. All these parameters are showing bullishness.
More strength will be visible once it will sustain above 680. Worth to keep in watch list for coming days.
#This is not Buy and Sell recommendation to any one. This is for education purpose and a helping hand to learn trading in Market.
# Rule Based Investing
# Ichimoku Cloud
# Ichimoku Followers
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Deepkak FertilisersFor educational purpose
Deepak Fertilisers CMP 665
Brkout from Continuation pattern
Possible Tgt : 790
SL 600
bullish about deepak fertilizer the stock has been given the breakout of the range formed on day time frame and now is ready to rock for the first target of 680+ in no time
Breakout in DEEPAKFERTBreakout in DEEPAKFERT in Daily and Weekly timeframes.
Entry - 602.5
Targets: 650 and 680
DISCLAIMER: The idea is only for educational purpose. I am not SEBI registered.
Deepak fert BullishDeepak fertilizer seems breakout from flag
Aggressive traders concentrate if price sustain above
602 in 4 hrs
Deepak Fertilisers - Swing TradeDeepak Fertilisers - Swing Trade
Reversed beautifully from 50% Retracement zone. Volume play is also visible.
Hold for targets ;)
DEEPAK FERTILISERS Positional Trade
DEEPAK FERTILISERS : Monthly Timeframe
It has made Cup + Handle pattern on monthly timeframe & gave breakout of that + made a retest of breakout.
Buying Levels 480-510
Targets 612-576-767-935.
