GUJALKALI trade ideas
GUJALKALINSE:GUJALKALI
please note that we are not a SEBI Registered Investor Adviser/PMS/ Broking House.
All the contents over here are for educational purposes only and are not investment advice or recommendations
offered to any person(s) with respect to the purchase or sale of the stocks / futures and options.
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Cup and handle breakout- Gujarat AlkaliGuj Alkali- Cupn handle breakout >880.
Min tgt i.e size of handle Rs 1110.
max Tgt Size of Cup. rs 1510
Time frame- 3 mths for 1110 & 1yr for 1500
Delivery Idea, Gud portfolio stock
Accumulation zone 800-880, cmp 880
the stock has crossed its 2018 highs by forming a rounding bottom, which is a decent accumulation of 4 years. High conviction
GUJALKALI is ready to buy for positional trade. NSE:GUJALKALI
Aim for 6-8% . It can be easily achievable in 1-3 days.
My belief is to choose high winning probability trade with a risk-reward ratio going from 1:1 to 1:2.
The reason for booking profit of only 6-8% is because the market direction is not sure at this point. So better to aim for 1:1 risk-reward and rotate your money in better opportunities.
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GUJALKALINSE:GUJALKALI
Please note that we are not a SEBI Registered Investor Adviser/PMS/ Broking House.
All the contents over here are for educational purposes only and are not investment advice or recommendations
offered to any person(s) with respect to the purchase or sale of the stocks / futures and options.
You are also requested to apply your prudence and consult your advisers in case you choose to act on
any such content available as WE claims no responsibilities for any of your actions or any outcome of
such action
How we gained 39% in Gujarat alkali and 15% in Mahindra Ltd?Both stocks have similar patterns so we used daily chart to make an entry and keep holding until we hit both targets.
Ichomoku cloud break out
TK cross over
MACD bullish cross over
RSI>60
ADX>25
DI+>DI-
Gujarat Alkali BUY 608 SL 588 TGT 670/850
Mahindra Ltd. BUY 819 SL 798 TGT 850/880
gujarat alkaies The company has emerged as one of the largest producers of Caustic Soda in India and enjoys the economies of scale. The Company has about 12% share in the domestic Caustic Soda market. The company has implemented elaborate Environment Management System (EMS) Occupational Health & Safety (OH & S) plan and has embarked on continual improvement. The Company’s products basket comprises several products including Caustic Soda (Lye, Flakes / Prills), Liquid Chlorine, Hydrochloric Acid, Chloromethanes, Hydrogen Peroxide, Caustic Potash (Lye & Flakes), Potassium Carbonate, Aluminium Chloride, Phosphoric Acid, Chlorinated Paraffin, Poly Aluminium Chloride (various grades), Chlorotoluene, Sodium Chlorate etc.
Products of the company
Caustic Soda Group
Caustic Soda Lye
Caustic Soda Flakes
Caustic Soda Prills
Liquid Chlorine
Hydrochloric Acid
Compressed Hydrogen Gas
Special Chlorine Derivatives Group
Anhydrous Aluminium Chloride
Chlorinated Paraffin
Benzyl Alcohol
Benzaldehyde
Benzyl Chloride
Caustic Potash Group
Caustic Potash Lye
Caustic Potash Flakes
Potassium Carbonate
Chloromethane Group
Methylene Chloride
Chloroform
Carbon Tetrachloride
Water Treatment Group
Bleachwin
Scalewin
Poly Aluminum Chloride
biowin
Stable Bleaching Powder
Hydrogen Peroxide Group
Hydrogen Peroxide
Sodium Chlorate Group
Sodium Chlorate
Phosphoric Group
Phosphoric Acid
Product Awareness Videos
Poly Aluminium Chloride Awareness Film