5 top stocks from relative strength analysis with Nifty50 from F&O universe. I will be looking for pullback and reversal entries or breakout strategies in these stocks
#FusionMatrix
#GNFC and #Adanient are my favorites

#HDFC futures - on short term charts - another excellent trade with very low risk (entry at 123 pullback bullish)

@shivaji_1983 Here is P&F charts for short term, medium term and long term - very interesting
- on short term probable ACFT
- on medium term bear trap and bullish ABC pattern / bearish momentum in PMOX became overbought quickly
- multi year BO above 1939 on 4%

#Reliance futures on short term charts (0.25% boxsize)
Bullish continuation patterns (already gave turtle bo follow through)

#GNFC #chemical

Thread on #GNFC (#attractive valuation)

✨Chemical (~70%) + ✨Fertilizer (~30%)

🧐Technical View :
⭐️Stock crossed major res of 452
⭐️Retesting strong support levels
⭐️Movement from here will take it to test ATH
⭐️Stock consolidated well & is above 10EMA

🧐Numbers : In Crs

⭐️Revenue TTM: 5823 (~1.25 Sales) Cheapest among peers 👍
⭐️EPS TTM: 60 (PE 7.8) Looks attractive even after the run up 👍
⭐️Debt Free : 👍

🧐Now lets look at fundamentals

Products and capacities:
Many of the products at multiple yrs BO or 52 weeks High🚀

⭐️TDI : Monopoly - Used in Mattress, Car seats (Inc of 40%, EBITDA ~45-50%) #sheelafoams #berger #sleepwell

Methanol : 2x of LY ⭐️
Urea: 13 years high ⭐️
Aniline, Acetic Acid, Nitric Acid, Ethyl Acetate, Formic Acid : Import substitutes ⭐️

Competing companies : #jubilantingrevia #laxmiorganic #deepakfertiliser #GSFC #IOL and so on

✨No company has this diverse and vast capacities✨

Most of the products are unique and import substitute. Poised to take benefit of China +1 Story.

TDI : MS of 65%
Aniline, Formic Acid : More than 50%
Acetic Acid/Urea/Methanol: One of the largest player

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