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GUJARAT ALKALIES & CHEMICALS LGUJARAT ALKALIES & CHEMICALS LGUJARAT ALKALIES & CHEMICALS L

GUJARAT ALKALIES & CHEMICALS L

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GUJALKALI trade ideas

Triangle breakout in Gujarat AlkaliesIf we see the char in daily timeframe for Gujarat Alkalies, we can see a triangle breakout with rise in volume. The upper trend line in the triangle has been broken. The momentum has been very good from the past 2 candles. If the bulls support the momentum, it can easily give us more than 5% returns in the short term. This breakout might also lead to All Time High. But we can't predict anything. Do like it :) It will motivate me to write more
NSE:GUJALKALILong
by StocksGyan
Gujarat Alkalies & Chemical ready for the uptrend!🤩💸🔥Buy Gujarat Alkalies & Chemicals for Positional Trading as well as Investment💸🔥💸 Comment your views!!!🧐🤔🧐 . 💡ABOUT COMPANY: Gujarat Alkalies and Chemicals Ltd is a multi-product chemical manufacturing company and is one of the leading manufacturers of Caustic Soda Lye. . 💡Product Offerings & Revenue Mix FY21: Caustic Soda Lye: 21% Caustic Soda Flakes: 11% Hydrogen Peroxide: 9% Chloromethanes: 9% Aluminium Chloride: 9% Phosphoric Acid(85%): 6% Others: 35% . 💡Products' Applications: Its products are used by various industries viz. Textiles, Pulp & Paper, Soaps & Detergents, Alumina, Water Treatment, Petroleum, Plastics, Fertilizers, Pharmaceuticals, Agrochemicals, Plant Protection, Dyes & Dyes Intermediates, etc. . It earned ~14% of revenues from exports in FY21. . ✅Both TECHNICALLY and FUNDAMENTALLY strong stock.💪💪 The company posted the best Q2 result in its history & is expected to post a similarly strong result in Q3 too. . ❇️The stock had given a Multi-Year Volume Breakout in Oct 2021 & then it was in a retracement phase. With the recent Volume Breakout of the base & Volume Continuation, the stock seems to have completed its retracement & now is poised for a big rally from current levels. . 💎@technofunda_trader⁠ Few Important rules from my Trading Philosophy:⁠ 1. Buy QUALITY stock. 2. Buy RIGHT, Sit TIGHT- Only sell in loss if the fundamentals deteriorate, problems arise in management or any other similar fundamental issues. 3. Don't invest more than 5-10% in any stock & more than 25% in any particular or related sector. 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. . LIKE, COMMENT & SHARE 😄😄😄
NSE:GUJALKALILong
by technofunda_trader
GUJAKALI : SUPPORT AT DEMAND ZONEHammer candle at demand zone ,expecting upswing from here TGT - 750 & 800 SL - 590 𝑫𝒊𝒔𝒄𝒍𝒂𝒊𝒎𝒆𝒓: The analysis is only for illustration purposes only. Please consult your financial advisor, agent, broker before acting on any information. We may or may not have positions in the stock and our actions may be contrary to the one mentioned here. This analysis may or may not be updated. We would not be responsible for the profit/loss resulting from this analysis.
NSE:GUJALKALILong
by finogent
GUJARAT ALKALIES : GOOD LEVEL TO BUYRetracement on low volume ,Good to Buy at CMP TGT - 815 & 930 𝑫𝒊𝒔𝒄𝒍𝒂𝒊𝒎𝒆𝒓: The analysis is only for illustration purposes only. Please consult your financial advisor, agent, broker before acting on any information. We may or may not have positions in the stock and our actions may be contrary to the one mentioned here. This analysis may or may not be updated. We would not be responsible for the profit/loss resulting from this analysis
NSE:GUJALKALILong
by finogent
Gujarat Alkalies – Rectangular Breakout above 381 & retest DoneEntry: above 405 ie CMP SL - 355 TRGT1 - 800 TRGT2 - 1290.9 DURATION - 2 Years All numbers are weekly based Bussiness model : Company produces Caustic Soda Lye, same is used in manufacturing of pulp and paper, alumina, Soap and Detergent petroleum products, few chemical production, water treatment, textiles, metal processing, mining, glass making. Co was making around 690 net profit pre covid. Even at 10x PE Co should be valued around 6900 crs. Hence traget1 of around 800 Debt to equity : 110 crs debt vs 4771 crs reserve Debt can be paid back with 3 months profit. So assume Co is debt free. Net profit and sales continues to grow at stable rate only exception was 2020 Covid Year Cash flow consistent over past 12 year. Dividend yeild 1.9% Book value 660 vs Market price 420 (0.63 times) Promotor holding 46.28 above average Volume accumulation seen on daily chart with rectangular breakout of 11 months. Stock is currently in pull back mode after its breakout so it's a good buy around 405 or higher whenever stock gives green candle on daily chart. There r few strong resistance (marked on chart black lines), so I'm not expecting quick profit booking on this script Disc. : Views Shared for Education Purpose only. Consult your Financial Advisor before taking any position.
NSE:GUJALKALILong
by SagirKazi
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