Go long - swing pick
- this stock shows signficant delivery percentage value
- possible chances for accumulation
- may perform good in upcoming days
- this stock is picked after market close based on delivery qty data.
- follow this stock for next 5 days , if entry not triggered with in 5 days , ignore pick
- line marked in chart is the day it showed huge delivery percentage.i consider it as signal candle.i marked its high and low
entry
- go long with 1:1.5 RR
- take entry if 15min close crosses the line , ignore entry if it made gap ups
- i prefer entry with in 5 days , if not triggered ignore this pick
sl
- candle close below signal candle's low
target
- keep 1.5 times of sl.
GMMPFAUDLR trade ideas
GMM Pfaudler on the verge of a BO after forming double bottom. GMM Pfaudler Ltd. engages in the design, manufacture, and market of chemical processing equipment, which are used in the pharmaceutical, specialty chemicals, agro chemicals, and chemical processing industries. It operates through the following business segments: Glass Lined Equipment; Heavy Engineering; Mixing Systems; Engineered Systems & Acid Recovery; and Filtration and Drying. The firm also offers flouro-polymer products and other equipment such as agitated filter driers, and wiped film evaporators.
GMM Pfaudler Ltd. CMP is 1457.10. The positive aspects of the company are Company with Zero Promoter Pledge, FII / FPI or Institutions increasing their shareholding, rising net cash flow and cash from operating activity and MFs increased their shareholding last quarter. The Negative aspects of the company are decline in Revenue and profits.
Entry in can be taken after closing above 1467. Targets in the stock will be 1526 and 1571. The long-term target in the stock will be 1653 and 1718. Stop loss in the stock should be maintained at Closing below 1233 or 1143 depending on your risk taking ability.
The above information is provided for educational purpose, analysis and paper trading only. Please don't treat this as a buy or sell recommendation for the stock. We do not guarantee any success in highly volatile market or otherwise. Stock market investment is subject to market risks which include global and regional risks. We will not be responsible for any Profit or loss that may occur due to any financial decision taken based on any data provided in this message.
Long GMMPFAUDLER (now)Why?
GMM Pfaudler Ltd
ABOUT
GMM Pfaudler manufactures corrosion resistant glass-lined equipments . It is a leading supplier of process equipments to the pharmaceutical and chemical industries . Over the years GMMP has diversified its product portfolio to include Mixing Systems, Filtration & Drying Equipment, Engineered Systems and Heavy Engineering Equipments.
KEY POINTS
Over 50% market share in India
GMM Pfaudler (GMM) is the market leader in glass lined equipments with over 50% market share in India. It faces intense competition in small vessel segment from other domestic players. However, the group has a near monopoly in large vessel (with capacities over 16,000 litre) segment. .
Revenue Breakup FY23
Technologies: 60%
Systems: 14%
Services: 26%
FY23 Geographical breakup
India: 30%
Overseas: 70%
Manufacturing Facility & achievements
The company has 18 facilities with 1800+ employees. It has a strong presence in 100+ countries with 8 complimentary brands.
In FY23, company's Li Yang facility in China manufactured its biggest glass-lined vessel of 140,000 liters capacity. Their Karamsad facility in India manufactured an 80,000 liters glass-lined vessel, the largest ever made in India.
Order Book
The company is having a backlog of 8-9 months in International business and 6-7 months in Indian business. Their value sourcing initiatives is helping them gain momentum in Eastern Europe (Poland, Finland, and Czech Republic) and North America. Company recently introduced stock and sale program in Germany to increase their sales.
Acquisitions FY17 - FY23
The company has done 8 major acquisitions from FY17- FY23.
2017: INTERSEAL Sealing Technology
2018: NORMAG Lab & Process Glass
2019: INDUSTRIAL MIXING SOLUTIONS DIVISION Mixing Technology
2020: DE DIETRICH PROCESS SYSTEMS INDIA Glass-Lined Equipment
2021: HDO TECHNOLOGIES Alloy Process Equipment
2022: HYDRO AIR RESEARCH ITALIA Membrane Technologies
2022: JDS MANUFACTURING Glass-Lined Equipment
2023: MIXEL Mixing Technology
With these acquisitions, company is expanding their focus to non-glass lined technologies, systems, and services which are complementary to glass-lined business and provide access to new markets and segments.
Change in Share Capital
In FY23, there was increase in their Authorised Share Capital from Rs.5 Crore to Rs. 10 Crore and increase in Paid up Share Capital from Rs. 2.92 Crore to 8.77 Crore due to issue of Bonus Shares to Existing Shareholders in the ratio of 2:1. Further, their paid-up Share Capital incrased from Rs. 8.77 crs to Rs. 8.99 crs due to the issue of 11,04,724 shares on a preferential basis in FY23.
** Holding/Subsidiary/Associate/JV**
The company has total 20 subsidiaries with 100% stake held and 1 subsidiary with 51% stake held as of FY23.
Vision FY25
FY25 vision - Revenue of Rs. 3700 crore, EBITDA of Rs. 630 crore and a ROCE of 25%.
GMM PFAUDLER LTD Support & ResistanceSupport and Resistance Levels:
Based on the price action, you have to identify two significant levels: the red line acting as resistance and the green line acting as support. Additionally, there have marked red and green shades to represent resistance and support zones, respectively.
Support: The green line and green shade represent support levels. These levels are where the price tends to find buying interest, preventing it from falling further. Traders can consider these levels as potential buying opportunities.
Resistance: The red line and red shade represent resistance levels. These levels are where the price tends to encounter selling pressure, preventing it from rising further. Traders can consider these levels as potential selling opportunities.
Breakouts: If the price breaks above the resistance zone (red shade) convincingly, it may indicate a bullish breakout, and the price could move higher to the next resistance level. On the other hand, if the price breaks below the support zone (green shade) convincingly, it may indicate a bearish breakout, and the price could move lower to the next support level.
Keltner Channel:
The Keltner Channel is a technical indicator that uses an exponential moving average (EMA) to create an upper and lower channel around the price action. Traders can use this channel to identify potential long and short positions.
Long Position: If the price is above the upper line of the Keltner Channel, it may indicate a potential long opportunity, as it suggests the price is trading above the average range and might continue in an upward trend.
Short Position: If the price is below the lower line of the Keltner Channel, it may indicate a potential short opportunity, as it suggests the price is trading below the average range and might continue in a downward trend.
Disclosure: I am not SEBI registered. I just wanted to let you know that the information provided here is for learning purposes only. Please consult your financial advisor before making any decisions. Tweets neither advice nor endorsement.
Best buy GMM PFAUDLRBuy GMM PFAUDLR @ 1685-1690
For target 1 -1740
Target 2 -1840
Time frame 10 days
GMMPFAUDLR High Reward Idea 21May2023As per my analysis, when NSE:GMMPFAUDLR give breakout and close any 45min candle above level of 1490. It could be best buying opportunity with stop loss of 1400 (-90 Points risk). My expected upside target would be 1655 (+165 Points) & 1825 (+335 Points).
Note: This is my personal analysis, only to learn stock market behavior. Thanks.
GMM Pfaudler Ltd.*GMM Pfaudler Ltd.*
Weekly Trendline Price BreakOut Possibility
Mutliple Attempts earlier though rejected.
Hence, Price / Vol. BreakOut Confirmation Needed.
Once Happen, Good to Go.
*With Price Up, Trail Stop Loss*
*Book Profit as per Risk Appetite*
*Fundamentally Strong Co*
Manufactures corrosion resistant glass-lined equipments. Is leading supplier of process equipments to Pharma/Chemical industries. Both Rising Sectors. +ve for GMM.
Market leader in India with over 50% market share.
Increasing Sales/Profitability on Yrly/Qtrly Basis.
Strong RoA/RoE/RoCE in Double Digits.
Improving TNW / Low Equity / Increasing Cash Reserve.
Increasing +ve Ops. Cash Flow/WC Cycle.
Promoter Stake Stable.
*Concern:*
Increased leverage. Carbon/Stainless steel Prices (Major RM of Co).
*Do Your Own Research as Well. This is Just an Opinion.*
Your Opinion may Differ/Respected.
Happy Investing :)
GMM Pfaudler - Swing and positional tradePotential swing trade as chart made a bullish tweezer bottom pattern, Very short term players can buy with a SL of 4150 on closing basis and aim for 5-7% target.
Positional players can also initiate longs and keep a stop loss below support range. All the best.
GMMPFAUDLERNice consolidation going on from last 1 year. Price making higher low and shifting base up. It's making triangle pattern.
GMMPFaudler - Fundamentally Strong StockDisclaimer: I am not a SEBI Registered Research Analyst and all these analysis are based upon own study and experience. Reader should take a note that, they should consider their goals and financial planners for taking any decision and consider this study as just a reference for research. I keep altering my positions so I may or may not be invested in my suggested stocks at any given point of time.
GMMPFaudler is a professional group focused on strong business growth. It corrected almost 55% from its top of 6900 and now trading at around 35% down from its top of 6900.
Fundamental Points:
1. Operating Profit has been increasing through the three quarters of 2021-22 reaching to an all time high quarterly profits in last 2 years
2. 9M22 Operating Profit is almost double the 9M21 Operating Profit
3. It has a decent pending order book from different countries of the World
Technical Points:
1. It is showing sign of healthy consolidation getting over with stability in prices during market turmoil
2. RSI positive divergence observed between 02nd March and 16th March rates
Cautious levels: 4175 and 4080
GMM Firing from SqueezeGMM stock daily squeeze indicator is turning green. Expecting a good move from here onwards.