Gujarat Alkalies & Chemical ready for the uptrend!🤩💸🔥
Buy Gujarat Alkalies & Chemicals for Positional Trading as well as Investment💸🔥💸
Comment your views!!!🧐🤔🧐
.
💡ABOUT COMPANY:
Gujarat Alkalies and Chemicals Ltd is a multi-product chemical manufacturing company and is one of the leading manufacturers of Caustic Soda Lye.
.
💡Product Offerings & Revenue Mix FY21:
Caustic Soda Lye: 21%
Caustic Soda Flakes: 11%
Hydrogen Peroxide: 9%
Chloromethanes: 9%
Aluminium Chloride: 9%
Phosphoric Acid(85%): 6%
Others: 35%
.
💡Products' Applications:
Its products are used by various industries viz. Textiles, Pulp & Paper, Soaps & Detergents, Alumina, Water Treatment, Petroleum, Plastics, Fertilizers, Pharmaceuticals, Agrochemicals, Plant Protection, Dyes & Dyes Intermediates, etc.
.
It earned ~14% of revenues from exports in FY21.
.
✅Both TECHNICALLY and FUNDAMENTALLY strong stock.💪💪
The company posted the best Q2 result in its history & is expected to post a similarly strong result in Q3 too.
.
❇️The stock had given a Multi-Year Volume Breakout in Oct 2021 & then it was in a retracement phase. With the recent Volume Breakout of the base & Volume Continuation, the stock seems to have completed its retracement & now is poised for a big rally from current levels.
.
💎@technofunda_trader
Few Important rules from my Trading Philosophy:
1. Buy QUALITY stock.
2. Buy RIGHT, Sit TIGHT- Only sell in loss if the fundamentals deteriorate, problems arise in management or any other similar fundamental issues.
3. Don't invest more than 5-10% in any stock & more than 25% in any particular or related sector.
4. Build position GRADUALLY as the stock RISES.
5. Trade in the DIRECTION of the BIGGER trend.
6. RIDE the TREND. Don't sell your WINNERS early.
.
LIKE, COMMENT & SHARE 😄😄😄
Comment your views!!!🧐🤔🧐
.
💡ABOUT COMPANY:
Gujarat Alkalies and Chemicals Ltd is a multi-product chemical manufacturing company and is one of the leading manufacturers of Caustic Soda Lye.
.
💡Product Offerings & Revenue Mix FY21:
Caustic Soda Lye: 21%
Caustic Soda Flakes: 11%
Hydrogen Peroxide: 9%
Chloromethanes: 9%
Aluminium Chloride: 9%
Phosphoric Acid(85%): 6%
Others: 35%
.
💡Products' Applications:
Its products are used by various industries viz. Textiles, Pulp & Paper, Soaps & Detergents, Alumina, Water Treatment, Petroleum, Plastics, Fertilizers, Pharmaceuticals, Agrochemicals, Plant Protection, Dyes & Dyes Intermediates, etc.
.
It earned ~14% of revenues from exports in FY21.
.
✅Both TECHNICALLY and FUNDAMENTALLY strong stock.💪💪
The company posted the best Q2 result in its history & is expected to post a similarly strong result in Q3 too.
.
❇️The stock had given a Multi-Year Volume Breakout in Oct 2021 & then it was in a retracement phase. With the recent Volume Breakout of the base & Volume Continuation, the stock seems to have completed its retracement & now is poised for a big rally from current levels.
.
💎@technofunda_trader
Few Important rules from my Trading Philosophy:
1. Buy QUALITY stock.
2. Buy RIGHT, Sit TIGHT- Only sell in loss if the fundamentals deteriorate, problems arise in management or any other similar fundamental issues.
3. Don't invest more than 5-10% in any stock & more than 25% in any particular or related sector.
4. Build position GRADUALLY as the stock RISES.
5. Trade in the DIRECTION of the BIGGER trend.
6. RIDE the TREND. Don't sell your WINNERS early.
.
LIKE, COMMENT & SHARE 😄😄😄