*Rashtriya Chemicals & Fertilizers Ltd.*
Rouding Bottom Pattern: Monthly Basis (Price/Vol. BreakOut)
Cup & Handle Pattern: Weekly Basis (Price/Vol. BreakOut)
*Multi-Year Price Trendline BreakOut Possible. Good Upside THEN.*
*With Increase in Price, Trail Stop Loss*
*Book Profit as per Your Risk Appetite*
*Fundamentally Strong Company*
PSU (75% stake: GOI). Engaged in Manufacturing/Marketing of Fertilizers/Industrial chemicals.
Improving Qtrly/Yrly Sales & Profitability.
Improving Leverage. Improving RoA/RoE/ROCE since FY18
Sharp Upside in Ops. Cash Flow. Better WC Cycle.
FII stake increasing since Mar'21
*Concern:*
Regulatory risks, Agroclimatic risks, Commodity price cycles, exchange fluctuations & potential reduction of import duty.
*Do Your Own Research as Well. This is Just an Opinion.*
Your Opinion may Differ and is Respected.
Happy Investing :)
Rouding Bottom Pattern: Monthly Basis (Price/Vol. BreakOut)
Cup & Handle Pattern: Weekly Basis (Price/Vol. BreakOut)
*Multi-Year Price Trendline BreakOut Possible. Good Upside THEN.*
*With Increase in Price, Trail Stop Loss*
*Book Profit as per Your Risk Appetite*
*Fundamentally Strong Company*
PSU (75% stake: GOI). Engaged in Manufacturing/Marketing of Fertilizers/Industrial chemicals.
Improving Qtrly/Yrly Sales & Profitability.
Improving Leverage. Improving RoA/RoE/ROCE since FY18
Sharp Upside in Ops. Cash Flow. Better WC Cycle.
FII stake increasing since Mar'21
*Concern:*
Regulatory risks, Agroclimatic risks, Commodity price cycles, exchange fluctuations & potential reduction of import duty.
*Do Your Own Research as Well. This is Just an Opinion.*
Your Opinion may Differ and is Respected.
Happy Investing :)