Deepak Fertilisers : Chemical & Fertiliser Giant with Stock Market Nuances
Deepak Fertilisers and Petrochemicals Corporation Ltd. (DFPCL) is a multifaceted Indian conglomerate straddling the worlds of chemicals and fertilisers. Here's a glimpse into their operations and the stock market perspective:
Chemical Powerhouse:
Leading manufacturer of industrial...
NSE:DEEPAKFERT Daily chart analysis.
The chart is self explanatory with Intermediate-Term Bullish.
Pattern: Upside Breakout and Retest
PLEASE NOTE THAT:
This chart analysis is only for reference purpose.
This is not buying or selling recommendations.
I am not SEBI registered.
Please consult your financial advisor before taking any trade.
Checkout an amazing breakout happened in the stock in Weekly timeframe, macroscopically seen in Daily timeframe. Having a great favour that the stock might be bullish expecting a staggering returns of minimum 25% TGT. IMPORTANT BREAKOUT LEVELS ARE ALWAYS RESPEECTED!
NOTE for learners: Place the breakout levels as per the chart shared and track it yourself to get...
History shows when price forms a channel with upward trend and gives a breakout, it creates a new high and 60%+ gain comes. Breakout is yet to come and Stock may or may not come to 580 level for retesting.
Fundamental business growth points from their recent PPT which supports for a upward movement:
Fixed assets have been increased to 6000 Cr+.
TAN domestic...
DEEPAKFERT :- 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 :)
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📊 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.
If you found this analysis helpful, I encourage you to like and...
PE 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...
Weekly 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
NSE: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...
As 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.
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
