DIVERGENCE in GujalkaliAs you clear seen there is RSI DIVERGENCE in price chart as it indictates with reversal formation done one can get momentum pick around 644 with sl 602 target as per your RR .
Key stats
Market capitalization
43.221BINR
Dividends yield (FY)
1.70%
Price to earnings Ratio (TTM)
7.75
Basic EPS (TTM)
76.15INR
About GUJARAT ALKALIES
ISIN
INE186A01019
Sector
Process Industries
Industry
Chemicals: Specialty
Website
gacl.com
Headquarters
Vadodara
Employees
3.538K
Founded
1973
Gujarat Alkalies & Chemicals Ltd. engages in the manufacturing and sale of chemical products. Its products include caustic soda group, special chlorine derivatives group, sodium chlorate, caustic potash group, chloromethane group, phosphoric acid, water treatment group, and hydrogen peroxide. The firm's products are used in various industries, such as textile, pulp and paper, soap and detergent, alumina, water treatment, petroleum, plastic, fertilizer, pharmaceutical, agrochemical, plant protection, dyes and intermediate, refrigeration gas, and epoxy. The company was founded on March 29, 1973 and is headquartered in Vadodara, India.
Gujrat Alkalies Bullish ScenarioThe idea here is about Gujarat Alkalies:
Gujarat Alkalies & Chemicals Ltd. engages in the manufacturing and sale of chemical products. Its products include caustic soda group, special chlorine derivatives group, sodium chlorate, caustic potash group, chloromethane group, phosphoric acid, water tre
GUJALKALI - Sustaining above 750 even though volume has droppedGUJALKALI - Gujarat Alkalies
Context - Sustaining above 750, even though volume has dropped
This is after a high volume markup from 300 to 750
Plan -
to Purchase Breakout above 1000
or, rejection indications near 550
PB 1x
PE 10x
DE 0.1x
ROCE 13%
Div 1%
GUJALKALI: VCP Breakout soonCMP: 903
- Trading at the cluster of 10 and 21 EMA which are rising
- Good EPS strength
Gujarat alkali a nice techno funda pickIf we look at the charts of Gujarat alkali the volume and uptrend price movement speaks for itself. The stock has made all time high recently and is consolidating since then near the high levels.
The stock is making higher highs and higher lows on consistent basis and its available near the trend li
GUJAKALI Cup and Handle Came in the following scanner:
1. Mark Minervini Template.
2. 20 day Kelter channel squeeze.
3. Within 10% of 52 week high zone.
This criteria was met when the scanner was run on 16th September, 2022.
Additional characteristics that were looked at:
1. Volume dry up on pull back.
2. Relative stren
#Gujaratalkalies : Looks good around 925-940#Gujarat alkalies cash - Positional
06.09.2022
Looks good around 925-940 in dips
Stoploss 880
Target 1040/1100/1200
Cmp 958
GUJALALIES19/05/2022
GUJALALIES
CMP:814.35
Target:880-955-995
SL:735
Information is only for study purpose
Gujarat Alkalies BreakoutThe stock has broken out and retested, therefore may undergo a reversal rally. Trade is supported by Supports Nearby.
Risk Reward Ratio - 2:1
SL is placed below the support zone & the lower trendline. The target is placed near resistance.
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Income Statement
Balance Sheet
Cash Flow
Earnings
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