W+Beautiful W+ pattern is forming on Day candle and high upside potential with good volume. Good news are also coming for GHCL. Good Swing pick. Target of 840 can be achieved within 2 months.
GHCL trade ideas
GHCL--@Trendline + DemandThis stock previously broken the trendline strongly to the upside,
now price is at trendline support, on bottom side we have a strong demand zone,
this combination will push the price potentially upwards.
this is good opportunity to enter long side in this stock.
Keep look for long opportunities in this stock.
50 SMA Rising - Positional TradeDisclaimer: I am not a Sebi registered adviser.
This Idea is publish purely for educational purpose only before investing in any stocks please take advise from your financial adviser.
Its 50 SMA Rising Strategy. Suitable for Positional Trading Initial Stop loss lowest of last 2 candles and keep trailing with 50 days SMA if price close below 50 SMA then Exit or be in the trade some time trade can go for several months.
Be Discipline because discipline is the Key to Success in the STOCK Market.
Trade What you see not what you Think
#GHCL#GHCL: Is consolidating or forming tight price action near All time high / Break out zone. The stock is out performing in this volatile times
GHCL potential breakout - One year big base.
- Rounding bottom pattern.
- Consolidating in tight range.
- Near base high.
- Strong prior buying force.
- Low risk entry.
- Can lead to the start of a strong uptrend as it is coming out of a big base.
GHCL S/R Support and Resistance Levels: In technical analysis, support and resistance levels are significant price levels where buying or selling interest tends to be strong. They are identified based on previous price levels where the price has shown a tendency to reverse or find support.
Support levels are represented by the green line and green shade, indicating areas where buying interest may emerge to prevent further price decline.
Resistance levels are represented by the red line and red shade, indicating areas where selling pressure may arise to prevent further price increases. Traders often consider these levels as potential buying or selling opportunities.
Breakouts: Breakouts occur when the price convincingly moves above a resistance level (red shade) or below a support level (green shade). A bullish breakout above resistance suggests the potential for further price increases, while a bearish breakout below support suggests the potential for further price declines. Traders pay attention to these breakout signals as they may indicate the start of a new trend or significant price movement.
20 EMA: The yellow line denotes 20 EMA, to interpret the 20 EMA, you need to compare it with the prevailing stock price. If the stock price is below the 20 EMA, it signals a possible downtrend. But if the stock price is above the 20 EMA, it signals a possible uptrend.
Disclosure: I am not SEBI registered. The information provided here is for learning purposes only and should not be interpreted as financial advice. It is important to consult with a qualified financial advisor before making any investment decisions. Tweets neither advice nor endorsement.
Is GHCL a Lucrative Investment? A Deep Dive into the FinancialsGHCL, a company with a rich history spanning over four decades, has been a prominent player in the Indian chemical industry. But is it a sound investment today? Let's analyze the provided financial data to determine its potential.
Strengths:
Consistent Revenue Growth: GHCL has demonstrated a consistent upward trend in revenue over the years, indicating a strong market presence and ability to capture growth opportunities.
Improving Profitability: While there are fluctuations, the company's operating profit margin (OPM) has generally been healthy and trending upwards, suggesting efficient operations and pricing strategies.
Strong Cash Flow from Operations: GHCL consistently generates positive cash flow from its core operations, providing financial stability and flexibility for future investments and growth.
Healthy Return on Capital Employed (ROCE): The ROCE has been consistently above 15%, indicating efficient utilization of capital and strong profitability.
Weaknesses:
Fluctuating Net Profit: While operating profit is strong, net profit shows some volatility, potentially due to factors like interest expenses, tax rates, and one-time items.
High Debt Levels: GHCL has a significant amount of borrowings, which could increase financial risk and limit future investment capacity.
Working Capital Management: While the company has a positive cash conversion cycle, there are fluctuations in debtor and inventory days, suggesting room for improvement in working capital management.
Opportunities:
Expanding Market Share: GHCL can capitalize on the growing demand for its products in various industries by expanding its market share through strategic initiatives.
Product Diversification: Exploring new product lines and applications can enhance revenue streams and reduce reliance on existing markets.
Technological Advancements: Investing in research and development can lead to innovative products and processes, improving efficiency and competitiveness.
Threats:
Competition: The chemical industry is highly competitive, with both domestic and international players vying for market share.
Raw Material Price Volatility: Fluctuations in the prices of raw materials can impact profitability and require careful cost management.
Regulatory Changes: Changes in environmental regulations and other industry-specific policies can increase compliance costs and impact operations.
Overall Assessment:
GHCL presents a mixed investment picture. Its strong revenue growth, improving profitability, and positive cash flow are encouraging. However, high debt levels, fluctuating net profit, and working capital management challenges warrant caution.
Before making an investment decision, consider the following:
Thoroughly review the company's annual report and other financial disclosures.
Analyze the industry trends and competitive landscape.
Assess the company's management team and their track record.
Consider your own investment goals, risk tolerance, and time horizon.
Technical Analysis:
Understanding the Mid-Line of a Long Candle
The midpoint of a long candle, often referred to as the “mid-line,” serves as a critical level of support or resistance. This line is drawn at the 50% mark of the candle’s total range, providing a balanced view of the price action within that period. When the price interacts with this mid-line, it can signal potential reversals or continuations, making it a valuable tool for traders.
The Significance of a Break
When the price breaks above or below the mid-line of a long candle, it indicates a shift in market sentiment. A break above the mid-line suggests bullish momentum, while a break below indicates bearish pressure. This break can be a powerful signal, especially when confirmed by other technical indicators or volume spikes.
GHCL Chart
In this chart, the long red dashed line represents the mid-line of a significant candle. Notice how the price fluctuates around this line, highlighting its role as a support and resistance level. When the price finally breaks above this mid-line, it signals a potential bullish trend, offering traders an opportunity to enter long positions.
Trading Strategies
Breakout Strategy: When the price breaks above the mid-line, consider entering a long position. Set your stop-loss just below the mid-line to manage risk effectively.
Reversal Strategy: If the price breaks below the mid-line, it may indicate a bearish reversal. In this case, short positions can be considered, with a stop-loss placed just above the mid-line.
Confirmation with Volume: Always look for volume confirmation when the price breaks the mid-line. A significant increase in volume can validate the breakout or breakdown, adding confidence to your trade.
Disclaimer: This blog post is for informational purposes only and should not be construed as financial advice. Investing in the stock market involves risks, and you should consult with a qualified financial advisor before making any investment decisions.
Trendline Line Breakout Point of view-
»Currently stock is consolidating in resistance zone.
»At the edge of trendline.
»Fundamentally good stock.
First Target can be 8 to 10% above the resistance zone
Disclaimer- Do own research and analysis before trading
GHCL S/R Support and Resistance Levels: In technical analysis, support and resistance levels are significant price levels where buying or selling interest tends to be strong. They are identified based on previous price levels where the price has shown a tendency to reverse or find support.
Support levels are represented by the green line and green shade, indicating areas where buying interest may emerge to prevent further price decline.
Resistance levels are represented by the red line and red shade, indicating areas where selling pressure may arise to prevent further price increases. Traders often consider these levels as potential buying or selling opportunities.
Breakouts: Breakouts occur when the price convincingly moves above a resistance level (red shade) or below a support level (green shade). A bullish breakout above resistance suggests the potential for further price increases, while a bearish breakout below support suggests the potential for further price declines. Traders pay attention to these breakout signals as they may indicate the start of a new trend or significant price movement.
Disclosure: I am not SEBI registered. The information provided here is for learning purposes only and should not be interpreted as financial advice. It is important to consult with a qualified financial advisor before making any investment decisions. Tweets neither advice nor endorsement.
Trading Idea: NSE:GHCL - Potential Reverse Head and ShouldersThesis:
NSE:GHCL is forming a bullish reversal pattern, the inverse head and shoulders (IH&S), indicating a potential breakout towards higher prices.
Pattern Analysis:
Left Shoulder : The left inverse shoulder is already formed, with a price peak followed by a decline.
Head : The head is the lowest point of the pattern, indicating a period of weakness.
Right Shoulder : The stock is currently in the process of forming the right shoulder, which should be lower than the left shoulder but higher than the head.
Neckline: A trendline connecting the lows of the left and right shoulders. A breakout above this neckline signifies a potential trend reversal.
Target Price:
The target price for the breakout can be calculated by adding the height of the head (measured from the neckline to the peak of the head) to the breakout point (price at the neckline).
Risk Management:
Place a stop-loss order below the lowest point of the head to limit potential losses.
Conclusion:
NSE:GHCL is exhibiting a bullish IH&S pattern, suggesting a potential trend reversal towards higher prices. A breakout above the neckline confirmed by bullish volume would be a strong signal for entry. Remember, technical analysis is not a perfect science, and proper risk management is crucial.
Disclaimer : I am not SEBI Registered. This is not a financial advice or recommendation. The analysis is shared for education purposes only. Please do your own due diligence or take advice from your registered financial advisor before taking / placing any trades.
A positive view - Let's Bear up Let's go back in while, price seems to be rejecting at resistance level back in 2018.
we see a huge fall after 2018 falling as far as 79%, price is rejected at support which was formed back in 2014-2015.
Moral of the story : we check history to forecast present!!
Some Ethics :
1. resistance breakout after long span of time (3 years)
2. target identified as the previous range between S\R levels
3. 346-357 was the resistance range since 2018 may act as strong support in upcoming event
4. I used super-trend to check if price continuation persist on same level
Marking multiple levels based on previous rejection and price retest
1. 628.05 - 659.90 as resistance range
2. 515.85 - 551 as support range
3. recent rejection from 446, price hits target of 515 which was it's previous support (acting resistance level)
4. With the rejection on resistance we also see a shooting star formation of approx. 4% with which we consider a fall with size of candle.
5. But, in last session we saw a momentum, price peaked up but did not resist at resistance and fell by 4.7%
If we consider previous S\R levels on basis of fall and rise, we can assume that it may fall by more 3-4% and we may see short covering at this level @ 483 and may see upper levels of 515 to 551.
Personal views only, please do your own research ->
Let's see if movement goes along
Bullish move on reversalPoints of Ethics :-
1) Strong selling at level 441 if price Falls below this level lower level AT 408.30 can be seen and also we have strong buying area at the same level AT price 408.30 so we can see another reversal for the price to move near resistance around 496 to 517
2) If the price does not cross 438.40 then we can see further reversal and we can go long with the target between 75 to 80 points, 496 to 517 considered as retracement zone we also have small resistance near 441 so we can plan our trades accordingly as per the levels
3) short term time period of 30 days
Reversal seen at support on monthly candle , price is forming a descending pattern, be cautious.
*** Views are personal and not a advise, DYOR ***
GHCL GHCL (1D)
CMP 619.75
Stock has formed a Flag and pole pattern
Breaout is awaited
More upside is in the stock with Favourable RR
GHCL NSE BULLISHVIEW ABOVE 680 CMP 692GHCL NSE is bullish if 680 holds. New Lifetime High. Fresh Breakout. Positive Trend.
Disclaimer: Educational Purpose Only. Not Buy Sell Reco. Not Sebi Registered.
Ghcl long Long on retest of 485 target 550 600....
Pattern name break of double top and now we wait for retest qt 485
GHCLVery strong stock
Entering out parforme range
Strongly out parforme banchmark index and sectorel index.
create Long swing.
GHCL IndiaSun Storm Investment Trading Desk & NexGen Wealth Management Service Present's: SSITD & NexGen Portfolio of the Week Series
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GHCL - Ichimoku could analysisLook at the overall trend. See how bullish it is.
We had a shallow pullback to the last breakout.
That gap has now been covered.
One can add longs at cmp, with sl as today's low.
