A flag and pole pattern breakout on daily time frameEntry - Above 975 on strict closing basis
Stop Loss - 857
Target - 1150
One can expect 15-20 % upside in this stock for next one month, if market is trending upwards.
GUJALKALI trade ideas
GUJARAT ALKALIES breakout after 4 yearsGujarat Alkalies seen good volume activity and
breakout with volume from cup and handle pattern after 4 years
sustaining above 800 level will move towards 1200---1400 levels in short term
views are educational
YR 2022 Idea #46: Long on GUJALKALIThis is a public swing trade idea and is only for Learning and observational purpose. Please understand your risk and take full responsibility of your actions. I might trail my stoploss after I get an entry but even if my original Stoploss hits, i exit the trade with pre-planned loss (risk). At target, I book usually 75% positions and trail stoploss for rest. Our objective to help anyone who wants to learn technical analysis using charts by demonstrating my real trade entries. You can post your queries in comment section here and we will try to answer them asap.
Gujarat Alkali- Upflag BreakoutGujarat Alkalies and Chemicals Ltd is a multi-product chemical manufacturing company and is one of the leading manufacturers of Caustic Soda Lye. Its manufacturing facilities are located at Dahej and Vadodara in Gujarat. [
Multi Year BreakoutStock has Given a Multi Year Breakout last week and retest done this week. previous resistance 875 act as retest support and today stock reversed from there. so its a good entry point with stop loss of 850.
Gujarat Alkali long Gujarat Alkali buy at cmp946 and in dips till 820 for TP=1128, 1378 (1.618 fib) SL=803 monthly candle closing basis. classical cup pattern spotted can go to 1378 (50%+ upside from cmp)#Robinhood Investment #Prediction analysis. Don't copy try to learn no one going to feed you lifetime ( I am a bot trader 😃)
strong closing with very good volume Good breakout Strong closing with very good volume on daily chart on Gujarat Alkalies & Chemicals Limited, almost 7 months high
before take a trade do your own analysis
#GUJALKALI- Potential BO#GUJALKALI- Potential BO, Long term idea
CMP - 946.50
BO Only Above 980
Next Levels can be expected 1570 & 2690
View will be negated below 590
Disclaimer : We are not Sebi registered analyst or Authorized analyst
The charts / Levels / Price projections are only for educational purpose.
This is our personal view, Pls consult your financial advisor before taking decision - Buy / Sell
We will be not responsible for your profit and Loss
Please like and retweet if you like this idea.
Gujarat Alkalies on new highsGujarat Alkalies and Chemicals Ltd is a multi-product chemical manufacturing company and is one of the leading manufacturers of Caustic Soda Lye.
The company has delivered a poor sales growth of 4.01% over the past five years.
The company has had a low return on equity of 8.82% for the last 3 years.
The company is almost debt-free.
The company is expected to give a good quarter
The company has been maintaining a healthy dividend payout of 20.46%
The stock has created new highs with volume creating a new Darvas box, Trade only on your DUE DILIGENCE
Momentum breakout Gujrat alky is at all time high and gives a nice break out from upper side with great delivery volume...with approx 60 cr ...it form a flag like pattern...
Gujarat Alkalies🚀Gujarat Alkalies is getting ready to blast in upcoming weeks.
Can enter now for a good return in upcoming weeks.
Breakout in Gujarat alkalies1. Wyckoff reaccumulation
2. Breakout with volumes
3. Downside risk 20%
4. Near term target 950 - 1000
5. Long term target 1700 - 1800
Target 1 achieved in GUJALKALI. Gain of 18% Target 2 is ON.This is follow-up on Gujarat Alkalies & Chemicals. Can check link to related ideas.
Target 1 achieved. Gain of more than 18%. Target 2 is ON.
Chart is self explanatory. Entry, Targets and Trailing Stop Loss are mentioned on the chart.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
Cup and Handle patternIn gujkali we can see still strong movement after breakout with volume and curving the cup handle pattern keep holding it for the this april month.
Gujarat Alkalies breakout, pullback and bounce1. Buy or Sell at your own risk
2. Don't risk more than 1%-2% of your capital as stop loss
3. Position Size formula:- Stop Loss Amount/(Buy Price-Initial Stop Loss Price)
4. Sell on initial stop loss hit or close below daily supertrend (for short term traders) or close below weekly supertrend (for long term investors)
5. Some other ways to sell stocks can be
a. 25% or 50% up in three weeks or less
b. Largest weekly price spread
c. Exhaustion gaps
d. Heavy daily volume without further upside
e. Largest one day price drop
after a quarterly sales growth of 65%, quarterly profit growth of 501%, TTM sales growth of 38% and TTM profit growth of 161%, NSE:GUJALKALI gave a high volume breakout on 28th March 2022 after a consolidation since October 2021. It pulled back and after taking a support at previous resistance zone bounced back today. It is a buy with a stop just below Rs.810.
other fundamentals: -
The company is almost debt free.
Stock is trading at 1.17 times its book value.
Company has been maintaining a healthy dividend payout of 20.46%.
Debtor days improved from 60 in 2018 to 43 in 2021.
Debt to equity at 0.11 (less than 1 is good), Interest Coverage at 43.3 (greater than 3 is good).
900 round level breakfibonnacci level at 877 simply means nearest round level 900 is a resistance, can expect 35-40% upmove , for safety purpose trail ur profits using atr bands(10) 1 day candle chart.
Gujart Alka Ichimoiku Bullish Breakout Stock Name - Gujarat Alkalies. 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 the further strength &
More strength will be visible once it will cross the high of 935. 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
I hope you all like my analysis. Please do share your thoughts into comment section of Trading View.
Please give a like, it motivates me to do analysis and do share our channel with your friends as well.
gujalkalistocks which start from gujarat are doing good let see what would happenn in this cup and handle
Gujarat alkalies, strong trend
#gujalkali
Gujarat alkali
Had done good moves on Daily charts.
Seems in strong trend.
Have taken pilot position with SL of 805 on DCB.
#vr
Symmetrical Triangle BreakoutWhen price break any well defined boundary above 200DMA then high probability price continue the Trend .
