GUJARAT ALKALIES
Stock recently give Darvas Box breakout & after testing its recent high now retracing
Buy near 950-955
SL 880
Positional targets 1100/1150/1200
PARTIALLY PROFIT BOOKING STARTS FROM 1000
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Note:
Above levels are for education purposes only
Do your own analysis before taking any trade
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Entry - Above 975 on strict closing basis
Stop Loss - 857
Target - 1150
One can expect 15-20 % upside in this stock for next one month, if market is trending upwards.
Gujarat Alkalies seen good volume activity and
breakout with volume from cup and handle pattern after 4 years
sustaining above 800 level will move towards 1200---1400 levels in short term
views are educational
This is a public swing trade idea and is only for Learning and observational purpose. Please understand your risk and take full responsibility of your actions. I might trail my stoploss after I get an entry but even if my original Stoploss hits, i exit the trade with pre-planned loss (risk). At target, I book usually 75% positions and trail stoploss for rest. ...
Gujarat Alkalies and Chemicals Ltd is a multi-product chemical manufacturing company and is one of the leading manufacturers of Caustic Soda Lye. Its manufacturing facilities are located at Dahej and Vadodara in Gujarat. [
Stock has Given a Multi Year Breakout last week and retest done this week. previous resistance 875 act as retest support and today stock reversed from there. so its a good entry point with stop loss of 850.
Gujarat Alkali buy at cmp946 and in dips till 820 for TP=1128, 1378 (1.618 fib) SL=803 monthly candle closing basis. classical cup pattern spotted can go to 1378 (50%+ upside from cmp)#Robinhood Investment #Prediction analysis. Don't copy try to learn no one going to feed you lifetime ( I am a bot trader 😃)
Good breakout Strong closing with very good volume on daily chart on Gujarat Alkalies & Chemicals Limited, almost 7 months high
before take a trade do your own analysis
#GUJALKALI- Potential BO, Long term idea
CMP - 946.50
BO Only Above 980
Next Levels can be expected 1570 & 2690
View will be negated below 590
Disclaimer : We are not Sebi registered analyst or Authorized analyst
The charts / Levels / Price projections are only for educational purpose.
This is our personal view, Pls consult your financial advisor before...
Gujarat Alkalies and Chemicals Ltd is a multi-product chemical manufacturing company and is one of the leading manufacturers of Caustic Soda Lye.
The company has delivered a poor sales growth of 4.01% over the past five years.
The company has had a low return on equity of 8.82% for the last 3 years.
The company is almost debt-free.
The company is expected to...
Gujrat alky is at all time high and gives a nice break out from upper side with great delivery volume...with approx 60 cr ...it form a flag like pattern...
This is follow-up on Gujarat Alkalies & Chemicals. Can check link to related ideas.
Target 1 achieved. Gain of more than 18%. Target 2 is ON.
Chart is self explanatory. Entry, Targets and Trailing Stop Loss are mentioned on the chart.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI...
1. Buy or Sell at your own risk
2. Don't risk more than 1%-2% of your capital as stop loss
3. Position Size formula:- Stop Loss Amount/(Buy Price-Initial Stop Loss Price)
4. Sell on initial stop loss hit or close below daily supertrend (for short term traders) or close below weekly supertrend (for long term investors)
5. Some other ways to sell stocks can be
a....
