GUJARAT ALKALIES; Head& Shoulder Pattern AnalysisTarget for H&S Pattern is Difference between Neckline to Head, Here it is 263. So if we deduct 263 from Neckline, It Becomes @ 414 Start Accumulation for Decent Gain. Detailed Analysis on Chart. Education Purpose Only If Useful LIKE & share.Longby DSKF16Updated 224
Gujarat Alkalies - Long ideaThis stock is showing good volumes but facing resistance at top at 818. It has formed an ascending triangle pattern and is at support. One can long once it breaches 818 for long term. Maintain SL and Trgt as per risk appetiteLongby balaji_damo3
Gujarat Alkalies: Trend ContinuationCompany with good fundamentals. Currently in expansion mode. Capable of giving great returns in 6 months to 2 year time horizon. Entry: 385-395 Target: 480/600 Stop loss: 377Longby crimemastergogoUpdated 3
rounded bottom pattern success pattern now you can see price exhaustion on this , so one can see correction to fair value on this share priceby nalinakshiUpdated 3
gujarat alkali looks bullish in medium term.In longer time frame, it is in strong uptrend. In weekly, it is bounced from the support of ascending channel. Also hidden bullish divergence is seen. sl - below channel support - 375. 1st tgt - 470, 2nd tgt - 520. Longby ParamjitMahapatroUpdated 5
GUJALKALI Strong Upsidee AheadGUJALKALI: @ 407 Technically: #1 Harmonic BULLISH BAT formation. #2 traded at Fib Retracement 0.618 #3 Technical Parameters Favours to LONG. Fundamentally: The industry has witnessed accommodative and bracing policy initiatives including amicable FDI regulation (100% through direct route), reduction in excise duty from 14% to 10%, increasing share in planned expenditure budget and stronger anti-dumping laws. As a result, the chemical industry has been sharing 4%+ in the total FDI in the country. GST impact : Under the GST regime, the chemicals sector has been included in 18% bracket versus the effective tax rate of 24-26% earlier, a major push for the sector. Also the logistics cost for the chemical industry is set to fall by 10 -11% post the implementation of GST. TGTs & Accumulation Levels Plotted in Chart. Study Purpose Only. PS: Please Like/share & keep motivated, If you like Ideas/Analysis. Longby DSKF166