gsfc technical study The technical chart of the counter is trading with negative bias and it needs a successful close above marked areas once done can give a successful trend on higher side with lower levels which is swing low as stop loss
FLUOROCHEM trade ideas
Healthy correction and now coming to strong support 2450A multi-bagger company and unique in its segment, can be added for long term.
Guj fluorochemKEY POINTS
Product Portfolio: The company is the only PTFE / fluoropolymer manufacturer in India and a major supplier of fluoropolymers to Europe and USA. GFL holds domain expertise in four major product verticals: Fluoropolymers, Fluorospecialities, Refrigerants and Chemicals
1) Flouropolymers: Company is the leading producers of Fluoropolymers globally. It manufactures and markets a range of Fluoropolymers and Fluoro-elastomers eg PTFE, PFA, FEP, FKM, PVDF, Additives.
2) Fluorospeciality chemicals: In this segment, company offers products for the global agrochemical and pharmaceutical Industries eg Hf Based, Tfe Based, Kf Based.
3) Refrigerants: The company is the largest manufacturer of HCFC 22 in India and the preferred supplier for leading OEMs and service partners globally eg R22, R32, R407C, R410A.
4) Chemicals: The company is a leading producer of industrial chemicals such as Caustic Soda, Carbon Tetrachloride, Chlorine, Methylene Di Chloride, Hydrochloric Acid, Sodium Hydrogen Sulphate, Hydrogen Gas, Fluorspar, Anhydrous Hydrogen Chloride.
Also, GFL has developed technology and products which would help it to ride the wave of new and upcoming industrial verticals such as Electric Vehicles, Solar Panels, Hydrogen Fuel Cells /electrolyzers and Electrical batteries.
Manufacturing Units:
The company has two manufacturing complexes in Dahej for the Fluoropolymers and Chemicals, another one in Ranjitnagar for Fluorospecialities and last one in Morocco for Fluorspar Mining and Beneficiation.
The units work in the combined installed capacity of ~65,000 tons per annum (tpa) of HCFC, ~16,200 tpa of PTFE, ~134,750 tpa of caustic soda, and ~108,500 tpa of chloro-methane.
For Q2FY22, plants manufacturing Caustic Soda, Chloromethanes Fluoropolymer(PTFE) are running at full capacity and for the New Fluoropolymer; the capacity utilization is around ~65% which is expected to reach 100% utilization of existing capacity by Q4FY22. For speciality chemicals, Capacity utilization has been low for pharma related intermediates due to demand displacement in favor of Covid-19 related drugs. This is expected to start normalizing from Q4FY22
Gujarat Flourochem Cmp 2937 dated 16-2-2023Gujarat Fluorochem Cmp 2937 dated 16-2-2023
1. Big Bullish Engulfing Candle.
Buy @ Cmp for target 3000-3070-3140-3200-3235 SL 2785
Disclaimer :
I am not a SEBI registered Analyst so please do your own Analysis before taking any action.
The above view is shared just for educational purpose.
By no means shall be responsible for any losses amounting out of it incase if any trades on it.
It is just a view, please trade at your own risk.
gujarat fluorochem - demand and supply in action gujarat fluorochem - demand and supply in action
everything has been well explained in the chart about how price react from demand and supply zone.
also next expected move of price has been indicated.
note this is just for educational purpose.
Fluorine chemistry continue to shine Gujarat Fluorochemical , one of my favourite stock to trade, seems to be have reversed the earlier down move. 0.786 of retracement.
FLUOROCHEM: Retesting Mid line of PC and near PC breakout levelFLUOROCHEM:
Parallel channel analysis #WondersOfPC
-Took support at Mid line of PC-A for retesting
-Opening above the recent close, will lead to touch upper line of PC-A, which it missed earlier at P2
-Strong confirmation can give us a target of Breakout of PC-BA
-Earlier candles have tested the lower levels of PC-A at point P1 while breaking out PC-B
-If the candles do not support the midline and open below it, candle will test the bottom line of PC-A
Gujrat Flourochemicals-LongGujarat Flouro retested to break out.
S.L.- break out line.
RSI is strong.
Possible to move further.
It is ready to move after consolidation.
Disclaimer- It is not my recommendation.Do your own analysis before investing.
Fluorochem is giving another good opportunityStock broke upwards from an Inverse Head & Shoulder pattern whose target is around 3868. One can also visualize a larger cup and holder pattern, that target comes to 4175.. Stoploss is 3150 but as one is joining the setup midway a higher SL of 3280 can be considered as well
Gujarat Fluorochem All detail for chat. good entry at mark price only. and must stoploss is 3240 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
FLUOROCHEM
CMP: 2901
One of the leading producers of Fluoro-polymers, Fluoro-specialities.
Good Price Strength=81
Fluorochem small tradeAs the market situation is quite difficult. I found this stock which is quite bullish. Breakout is not done yet. Breakout will happen at 3000. We can wait for the confirmation. I have shared the analysis as there I will there for everybody.
Happy Trading!
Flourochem - Confluence of Resistance(s)FluoroChem :
Strong Resistances Confluence
Rising wedge spotted
Long only above 3600 with support at 3530
Stock Analysis of Range Breakout StockStock Analysis of the stock for swing trader as well as positional trader. This stock can give better move than Nifty. Gujarat Fluorochem Ltd.
High Volume Breakout - New All Time High. GO GO GO !!!Gujarat Fluorochem is attempting to resume the uptrend moving out of reverse H&S pattern as the wider market continues to edge higher.
Asymmetrical Breakout zone The stock was consolidating in a zone, gave BO now forming a asymmetrical triangle. Will wait n watch for BO side.
Not a recommendation, study purpose only
FLUOROCHEMUptrend and consolidation for months
now BREAKOUT and RETEST
Even in falling market it was consolidating looks good form upmove.
Not a buying/selling advice. Not sebi registered.
Triple top on #FluorochemTriple Top
This time it is a high chance that it will break this. Wait for close above 3160 and then stock might be set from further new upward journey
supported by its new found product applications and extra demand from new technologies like Electric Vehicles and 5G etc.
Breakout in Gujarat Fluorochemicals...Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
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.
Double Top Pattern at FLUOROCHEMBe Cautious #doubletop #Pattern (trend reversal ) at #FLUOROCHEM weekly chart.
A double top is an extremely bearish technical reversal pattern that forms after an asset reaches a high price two consecutive times with a moderate decline between the two highs. It is confirmed once the asset's price falls below a support level equal to the low between the two prior highs.
ONLY FOR #educational
NOT SEBI REGISTERED. #LEARNEARN (DONT TRUST ANYONE)
#nifty50 #sharemarket #BREAKOUTSTOCKS #Multibagger #sharemarket #sharemarketindia #sensex #technicalanalysis #kukiinvest #Chartanalysis #headandshoulders #doubletop #doublebottom
