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Driven by Fundamentals and Leveraging Technicals.

All post are Only For Study & Educational Purpose.consult you Financial Advisor Before Investing or taking any position.
DISCLAIMER:We r Not SEBI REGISTERED ANALYST.
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Maulik Mehta, CEO & ED, Deepak Nitrite Ltd, in a candid interview with Fortune India talks about the global push by customers to source Chemicals manufactured in India, increasing in coming years as a part of China+1 strategy. Read more: https://t.co/MbzSfKKqHfโ€ฆ
DEEPAK NITRITE

7% ๐Ÿ’š

1880

Can we see 1960/2000

Q1 would be pressure due to higher crude prices and Raw material pressure & Also due to fire incident

But beyond Q1 it can show up performance as Valuation looks Good
Meghmani Finechem

Concall

Management confident of it's FY23 guidance of 50% revenue growth and EBITDA margin of 26%+.

And if caustic soda prices remain at current levels, margin could be 30%+

Strong execution, Good Product selection, Strong growth and still debt down.
GSFC on Radar

Cmp - 143

Gujarat State Fertilizers & Chemicals Ltd - Excellent Numbers

Q1FY23 Net Profit Of 346 cr
VS
Q4FY22 Net Profit Of 286 cr
VS
Q1FY22 Net Profit Of 136 cr

QOQ Net Profit Growth Of 21%
YOY Net Profit Growth Of 154%

Stock Trading at Forward P E of Just 4.

Expecting Blockbuster numbers from GNFC too
After a longtime Seeing Trend change....fii buying continues from last 4 days
MFL

6% ๐Ÿ’š

Fresh ATH

1645

Yest Updated on time โฒ๏ธ
Wealthcreatures.com
DEEPAK FERTLISER Getting back in action from Recent lows of 530 Waiting for close above 688/710 zone Cmp @648
Deepak fertliser

Tested lots of patience

Should be Ready for Blast around Q1 or even before That
On Radar SPORTKING

Minimum 2x candidate

Patience is must

Cmp - 970

Days Low - 942

Support@ 925/890

Strong Based formed around 900 zone

Q1 Numbers on 23rd July Tomm

Test Levels # 1200/1460/1775/1900/2100+
Wealthcreatures.com
MOL TOMM Q1 Numbers Keep on Radar Good numbers expected like MFL
MOL

5% ๐Ÿ’š

Numbers aah gaya kya?

Started moving

148

Above 153 it can blast Big
Meghmani organics ( MOL)

Good set of Numbers

QoQ Growth even aft Q4 is most strongest Qtr

Revenue # 783cr vs 498cr
Q4 was 81.18cr

PAT # 109cr vs 68.5cr
Q4 PAT was 102cr

FY23 Q1 EPS # 4.30 vs 2.70
Stocks Looking Great For August Month & Also for next few Months

Gujarat Alkali cmp - 730
Support @ 690

ELGI EQUIPMENTS cmp @368
Support @340/310

MOTHERSON WIRES cmp @80
Support@69

JAMNA AUTO cmp @125
Support@112/106

M.M FORGING cmp@ 969
Support@880/840

VIP INDS cmp@662
Support@618/600

Try To add & Accmulate near support zone

Can move 10% - 20% - 30%+ upmove

S/L - As per Risk or 2% Below support levels
1 Stock From Auto Ancillary Sector

On Radar

Automotive Axles Ltd


Cmp - 2085

Best buy Accmulation zone -
1750 To 1900

Support@ 1860/1740

Test Levels- 2400/2721/2975/3131+

TF - 6 To 12 months

S/L - 1690 on cbsl or As per Risk
Wealthcreatures.com
MFL 6% ๐Ÿ’š Fresh ATH 1645 Yest Updated on time โฒ๏ธ
MFL

STRONG SUPPORT@ 1460

Cmp - 1481

Good Risk Reward if One have patience

Weak hands might be getting OUT
Wealthcreatures.com
NIFTY HITS 16525 โœ… High - 16565
Nifty Support @ 16500

Strong support@ 16300 zone
Wealthcreatures.com
NAVIN FLOURINE Our Conviction pick for pure Delivery
NAVIN FLOURINE

7.5% ๐Ÿ’š

4077

Aft Huge Consolidation finally started moving

We Focus more on Quality & Earnings