DEEPAKFERT trade ideas
DEEPAKFERT Analysis & PredictionThis is the analysis of DEEPAKFERT in Daily Time Frame. Watch carefully. The chart explains itself.
The stock managed to break the long term resistance with increasing volume. It can retest the breakout level. If it will sustain above the breakout level, it is good for the stock. Generally Multiyear Breakout is a bullish signal for stocks.
There are some prediction levels. These Levels act as Support and Resistance according to position of price. You have to trade according to level breakout or breakdown.
Always maintain your risk management.
Book your profit according to your “STOMACH”.
Disclaimer:
This is not investment advice. I am not a SEBI Registered Analyst. Anything posted here is my own analysis and views. This is created for educational purposes only. Always consult your Financial Advisor before taking any decision or trade.
Happy trading.
About DEEPAKFERT :
Deepak Fertilisers & Petrochemicals Corp. Ltd. engages in the manufacture of industrial chemicals and fertilizers. It operates through the following segments: Chemicals, Fertilizers, Realty, and Others. The Chemicals segment produces ammonia, methanol, dilute nitric acid, concentrated nitric acid, carbon dioxide, technical ammonium nitrate, isopropyl alcohol, propane, and bulk and specialty chemicals. The Fertilizers segment includes nitro phosphate, muriate of potash, diammonium phosphate, ammonium sulphate, mixtures, single superphosphate, sulphur, micronutrients, SSF, bio fertilizers, fruits, vegetables, and pesticides. The Realty segment engages in the real estate business. The Others segment generates energy through windmill power. The company was founded on May 31, 1979 and is headquartered in Pune, India.
DEEPEAKFERTWhen I look at this chart of DEEPAKFERT, I see a potential to move up and a very good level to buy. This is a good level to buy at retest after a Cup and handle breakout. More over the price is hovering around the Fibonacci 0.5 and 0.618 levels which makes it a good buying candidate. Money management is a must. Cheers!
Deepak Fertilizers & Petrochemicals Corp LtdFundamentally strong stock.
Demand zone is marked in green.
resistances are marked as red horizontal lines.
Stoploss is marked as orange horizontal line.
Levels:-
Buy @ 430 & 350
Stoploss 300
Swing & Positional Tgt 625 - 710
Long Term Tgt 840 - 1050+
This idea is for Educational purpose and paper trading only. Please consult your financial advisor before investing or making any position. Facts or Data given above may be slightly incorrect. We are not SEBI registered.
Deepak Fertiliser - Fertiliser and Speciality Chemicals playDeepak 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 chemicals like ammonia, methanol, and caustic soda, catering to domestic and international markets.
Boasts the title of sole producer of explosive-grade low prilled Ammonium Nitrate (LDAN) in India, catering to mining and infrastructure sectors.
Offers a wide range of specialty chemicals used in various industries, from pharmaceuticals to textiles.
Fertiliser Footprint:
One of India's top NPK and specialty fertiliser producers under the flagship brand "Mahadhan." Provides crop nutrition solutions including soil testing, precision farming recommendations, and customized fertiliser blends. Offers farming diagnostics and fresh produce services, diversifying their agricultural reach.
Stock Market Landscape:
DFPCL has a decent market cap (~$570 million) and trades on both NSE and BSE.
Recent performance has been volatile, with a ~30% YoY decline in share price (as of December 29, 2023).
Price-to-Earnings (PE) ratio of 12.8 looking attractive if we compared it to the industry average.
Positive aspects: strong brand presence, diversified product portfolio, government subsidy support for fertilisers.
Challenges: global chemical price fluctuations, dependence on natural gas prices, potential demerger impacting future performance.
Overall, DFPCL presents a complex picture for investors. While their diverse operations and leading market positions are promising, the current stock performance and high valuation require careful consideration. Staying updated on industry trends, company news, and demerger progress is crucial for informed investment decisions.
Additional Points to Investigate:
Government policies and subsidy dynamics impacting fertiliser sector.
DFPCL's debt levels and future expansion plans.
Analyst reports and market insights on the company's prospects.
Remember, this is just a starting point. Conducting thorough research and consulting with financial advisors is essential before making any investment decisions.
DEEPAKFERT - LOOKS GOOD!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.
Amazing breakout on Weekly / Daily Timeframe - DEEPAKFERTCheckout 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 amazed!!
#No complicated chart patterns
#No big big indicators
#No Excel sheet or number magics
TRADE IDEA: WAIT FOR THE STOCK TO BREAKOUT IN LOWER TIMEFRAME AND RETRACE IF NEEDED. SL IS NEARER SUPPORT ZONE IN 1HR TIMEFRAME.
60% upside potential DEEPAKFERTHistory 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 demand is expected to improve further based on growth in coal, cement and steel production
New export potential opportunity opens up with the recent lifting of the export ban by the Government of India.
The improvement in Ammonia prices in the near term is expected to support price stability in the Nitric Acid market.
Plant profitability in Q2 was impacted during the initial plant stabilization phase. Lower Ammonia prices also impacted consolidated margins
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.
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 , 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.